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Investor Presentaiton

GREAT-WEST LIFECO 24 24 EUROPE Europe Our Business Operations in the U.K., Ireland and Germany Market leader in group risk, a leading player in payout annuities and a strong competitor in the equity release mortgage market in the U.K. Irish Life has leadership positions across all products - pension, investment savings and protection - and channels in Ireland Highlights Irish Life launched new long term equity JV with AIB in Q2 2023 - replacing previous renewable distribution arrangement - which will focus on financial planning, retirement savings and investments Irish Life's new wealth advisory firm, Unio Financial Services Ltd., brings together three advisory firms into one with a common advisory and investment proposition for clients to deliver scale in an underserved market Key Metrics $0.8B/$1.2B 17%/25% Irish Life canada life annual base earnings/ net earnings¹ base ROE / net ROE¹ Base Earnings by Value Drivers Workplace Solutions $0.3B 32% $0.8B1 26% Wealth & Asset Management $0.2B Base Earnings 42% Insurance & Risk Solutions $0.3B 1. Base earnings is a non-GAAP financial measure and Base ROE is a non-GAAP financial ratio calculated using base earnings. Additional information regarding these measures/ratios is incorporated by reference and can be found under "Non-GAAP Financial Measures and Ratios" in Lifeco's Q2 2023 MD&A, available for review on SEDAR+ at www.sedarplus.ca. Data as of 12/31/22. Financial results on an IFRS 17 basis
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