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 basisView entire presentation