<?xml version="1.0" encoding="UTF-8" standalone="yes"?>
<!--
  This file is part of the Dutch Taxonomy (Nederlandse Taxonomie; NT)
  Intellectual Property of the State of the Netherlands
  Architecture: NT21
  Version: 20261209.a
  Release date: April, 2026
-->
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  <link:roleRef roleURI="http://www.xbrl.org/2008/role/label" xlink:href="http://www.xbrl.org/2008/generic-label.xsd#standard-label" xlink:type="simple"/>
  <link:roleRef roleURI="urn:kvk:linkrole:notes-investments-on-behalf-of-premium-pension-institutions-movement-premium-pension-institutions" xlink:href="../dictionary/kvk-linkroles-premium-pension-institutions.xsd#kvk-lr-p-p-i_NotesInvestmentsOnBehalfOfPremiumPensionInstitutionsMovementPremiumPensionInstitutions" xlink:type="simple"/>
  <link:arcroleRef arcroleURI="http://xbrl.org/arcrole/2008/element-label" xlink:href="http://www.xbrl.org/2008/generic-label.xsd#element-label" xlink:type="simple"/>
  <gen:link xlink:role="urn:kvk:linkrole:notes-investments-on-behalf-of-premium-pension-institutions-movement-premium-pension-institutions" xlink:type="extended">
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    <gen:arc order="1" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="valueAssertion_NotesInvestmentsOnBehalfOfPremiumPensionInstitutionsMovementPremiumPensionInstitutions_PrtFST1SumOfChildrenParentDebit1E1_loc" xlink:to="NotesInvestmentsOnBehalfOfPremiumPensionInstitutionsMovementPremiumPensionInstitutions_PrtFST1SumOfChildrenParentDebit1E1_label_EN" xlink:type="arc"/>
    <gen:arc order="1" xlink:arcrole="http://xbrl.org/arcrole/2008/element-label" xlink:from="valueAssertion_NotesInvestmentsOnBehalfOfPremiumPensionInstitutionsMovementPremiumPensionInstitutions_PrtFST1SumOfMembersOnAbstract1_loc" xlink:to="NotesInvestmentsOnBehalfOfPremiumPensionInstitutionsMovementPremiumPensionInstitutions_PrtFST1SumOfMembersOnAbstract1_label_EN" xlink:type="arc"/>
    <label:label id="NotesInvestmentsOnBehalfOfPremiumPensionInstitutionsMovementPremiumPensionInstitutions_PrtFST1PeriodStartMutationPeriodEnd1_label_EN" xlink:label="NotesInvestmentsOnBehalfOfPremiumPensionInstitutionsMovementPremiumPensionInstitutions_PrtFST1PeriodStartMutationPeriodEnd1_label_EN" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="en">Reported value of `InvestmentsOnBehalfOfPremiumPensionInstitutions` at end of period SHOULD be equal to sum of reported value of `InvestmentsOnBehalfOfPremiumPensionInstitutions` at beginning of period and changes in that value during period, `InvestmentsMovement`.</label:label>
    <label:label id="NotesInvestmentsOnBehalfOfPremiumPensionInstitutionsMovementPremiumPensionInstitutions_PrtFST1SumOfChildrenParentDebit1E1_label_EN" xlink:label="NotesInvestmentsOnBehalfOfPremiumPensionInstitutionsMovementPremiumPensionInstitutions_PrtFST1SumOfChildrenParentDebit1E1_label_EN" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="en">`InvestmentsMovement` SHOULD be equal to the summation of the underlying values.</label:label>
    <label:label id="NotesInvestmentsOnBehalfOfPremiumPensionInstitutionsMovementPremiumPensionInstitutions_PrtFST1SumOfMembersOnAbstract1_label_EN" xlink:label="NotesInvestmentsOnBehalfOfPremiumPensionInstitutionsMovementPremiumPensionInstitutions_PrtFST1SumOfMembersOnAbstract1_label_EN" xlink:role="http://www.xbrl.org/2008/role/label" xlink:type="resource" xml:lang="en">`InvestmentsOnBehalfOfPremiumPensionInstitutionsMember` SHOULD be equal to the summation of the underlying children members.</label:label>
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