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Investor Presentaiton

27 United of Omaha Investment Portfolio United of Omaha's investment portfolio represents 79% of total Enterprise invested assets • United's liabilities span the duration spectrum, allowing for a well-diversified asset portfolio High-quality, with 98% of bonds rated investment grade and just 0.1% NAC 4-6 United of Omaha Invested Assets Mortgage Loans 13.7% Securities Lending/Repo 2.9% Other Invested Assets 3.2% Preferred Stock .6% Derivatives .4% United of Omaha Bonds² by NAIC Rating BV1: $29.7b CEQ/ST Assets .6% Common Stock .8% Contract Loans .8% External Funds Withheld 1.8% NAIC 2 45.6% NAIC 3 1.9% NAIC 4-6 0.1% BV2: $22.5b Avg Quality: A3 United of Omaha Bonds² by Industry CDO/CLO 6.7% Industrials 12.0% CMBS/RMBS 10.3% Governments 6.2% Energy 5.3% Health 2.9% BV2: $22.5b Consumer 7.8% TMT 7.7% NAIC 1 52.4% Utilities 12.3% ABS 8.5% Bonds 75.2% 1Statutory book value as of June 30, 2023. 2 Includes short-term investments. Excludes $444m of external funds withheld reinsurance. Financials 20.3% Mutual Отана CONFIDENTIAL

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