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Investor Presentaiton

Canada GREAT-WEST canada life LIFECO INC. Protect and extend leaderships positions through organic growth Segment Overview Individual Customer and Group Customer businesses Diverse mix of insurance and wealth management products and services Leading market shares in major product categories Broad distribution network; focus on advice delivery 10M+ customer relationships and 22k+ advisor relationships Recent Developments Significant progress on transition to one brand and single legal entity with policyholder vote in the fall Moving to one product shelf under Canada Life name ā– Introduced new products in Individual Customer including new term 30 and term to age 65 * Experiencing strong adoption rates for digital life insurance application, Simple Protect Earnings 1 (In C$ Millions) 1,228 1,228 1,218 1,218 1,219 1,195 1,195 Net Adjusted Net 1,074 1,275 1,275 2014 ROE 22% 2015 20% 2016 2017 2018 20% 18% 20% 19% Segment Information - FY 2018 Net Earnings by Segment* Sales by Segment: $13B 1 Group Customer Group Customer 48% 30% Ind. Customer 52% Ind. Customer 70% ā—† Launched electronic enrolment for Group Life and Health customers *Excludes Corporate earnings of ($40m) 1. Adjusted net earnings, adjusted ROE, and sales are non-IFRS measures. Please refer to the Company's Annual Reports and MD&A filings for definitions and details on these adjustments and the appropriate reconciliations of these non-IFRS measures to measures prescribed by IFRS. 9
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