We would like to clarify a topic about Future discretionary benefits (FDB) and Future guaranteed benefits (FGB). According to the definition of FDB in the ITS (COMMISSION IMPLEMENTING REGULATION (EU) 2023/894) for S.12.01, we understand that the Line of Business (LoB) “Index-linked and unit-linked” (UL/IL) cannot have FDB. This would mean that all Future benefits should be entered in the column FGB in S.13.01 as there is no other option – even if the future benefits for UL/IL are not guaranteed. Is our understanding correct? If not this, what would be the correct approach for the Future non-guaranteed benefits, especially for UL/IL? However, we would be also interested in case of other Life insurance LoBs: where is it expected to report the Future non-guaranteed benefits? Should we understand the Future discretionary benefits column of S.13.01 in a different way than the FDB in S.12.01, and the column in S.13.01 was intended to include the Future non-guaranteed benefits as well for all LoBs? Furthermore, in S.12.01 there is only “Future guaranteed and discretionary benefits” for the majority of the LoBs (except for Insurance with profit participation) – is it correct to enter all Future benefits here, also Future non-guaranteed benefits to this row? Does this actually mean “Future benefits” instead of “Future guaranteed and discretionary benefits”?