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Full-year Results 2020

Profit from operations CHF million (IFRS basis), segment result (reported vs. adjusted) FY 2019 FY 2020 Change Segments reported adjusted¹) reported adjusted¹) reported adjusted Switzerland 892 893 830 831 -7% -7% France 275 268 217 221 -21% -17% Germany 186 179 180 180 -3% 0% International 81 79 78 80 -4% 0% Asset Managers 309 313 345 350 +12% +12% Other 15 15 -72 -2 n.m. n.m. Unallocated corporate costs Profit from operations -107 -85 -106 -88 -1% +4% 1 651 1 663 1 472 1 572 -11% -5% 1) Adjusted as outlined on slide 9 41 Investor presentation | Full-year results 2020 SwissLife

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