Investor Presentaiton

Pacific Life Mortgage Loan and Real Estate Portfolio Highlights Portfolio strategy Mortgage loan and real estate emphasis is on properties in high "barrier to entry" locations and regions exhibiting strong demographic and economic trends Loan underwriting at origination emphasizes high debt coverage ratio and low loan-to- value Mortgage loan and real estate profile As of December 31, 2022, total carrying value of mortgage loans and real estate was $19B. Mortgage loans primarily consist of commercial mortgage loans • Overall portfolio loan-to-value remains strong at 60% as of December 31, 2022, a slight decrease from 63% at year end 2021 The real estate mortgage portfolio is backed by high quality assets that are operated by owners with proven track records. As of December 31, 2022, 4.2% of the mortgage portfolio loans are engaged in deferral of scheduled principal amortization • All mortgage payments are current • $15M mortgage loan losses year to date Regions consistent with the American Council of Life Insurers (ACLI) geographic regions PACIFIC LIFE Apartments 41% Pacific 29% 24% Office Atlantic 33% Property Type Retail 16% 12/31/22 Stat CV $19.2B 7% Lodging Agriculture 5% Industrial 5% Other 1% 1% Residential Geographic Region¹ North Central 12% 12/31/22 Stat CV $19.2B South Central 10% Mountain 9% New England 6% Canada 1% PLGFII - Investor Presentation (Q4 2022) 22 of 35

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