Building a Leading P&C Insurer

3) Entry into the UK & Ireland at Scale RSA UK Personal Property 28% MORE TH>N° Pet 11% Personal Auto 10% SME Focused Commercial Lines • Position: Top 5 Top 5 Position¹ with Strong Brands in the UK NPW: $3.6B RSAⓇ Commercial 51% Leading Personal Property Business UK Portfolio Highlights • Position: #2 Target combined ratio improvement from risk selection and claims management ● Leverage customer driven and digital advantages in personal lines with a focus on property Opportunity to apply our successful operating model to RSA's leading commercial & SME platform Modest Exposure to Personal Auto GBP converted to CAD at exchange rate of 1.72 where applicable. EUR converted to CAD at exchange rate of 1.55. Source: PRA most recent published returns. 1 Position: Top 20 2EY 2020 UK Insurance Outlook report. 2018 GWP for UK non-life risks, excluding most of Lloyd's business, reinsurance and marine / aviation risks. 3Source: Insurance Ireland Factfile 2017. Total non-life GWP in 2017. 4Source: Forsikring & Pension statistics for 2018. Based on Danish non-life GEP. 5% share in $80B+ UK P&C Industry² RSA Ireland 123.ie Personal 63% [intact] Top 10 in Ireland ³ NPW: $0.6B Commercial 37% RSAⓇ Strong strategic entry point with a 9% industry share³ Europe & International $0.7B of NPW Commercial focus in Spain, France, Netherlands and Belgium ✓ Leading presence in Middle East ✓ Co-ownership in a top-3 franchise in Denmark 4 LO 5

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