Investor Presentaiton

Impact to KPIs (cont'd) P&C combined ratio P&C profitability NBV Sampo Group ► Small combined ratio benefit expected on run- rate basis Will remain on a net of reinsurance basis ► No material change in net profit Storebrand Sun Life ►Expected to be marginally lower ►Life business only Limited impact on P&C, health and group life profits Life business only ► Not commented Not commented ► Not commented Not commented NBV margin and APE New business gains deferred and recognized over the life of contracts Not commented Talanx P&C combined ratio to look different Expected to increase (driven by lower claims due to discounting, lower allocation of technical cost) Not commented Not commented Zurich Insurance revenue used as denominator in IFRS 17 resulting in slightly higher combined ratio all else equal due to higher base ► Not expected to be materially different ►NB CSM PV of NB premiums X NB margin APE replaced by the PV of NB premiums 26 Market updates on impact of IFRS 17 and IFRS 9 EY

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