Investor Presentaiton
GREAT-WEST LIFECO
8
INVESTOR OVERVIEW
Medium-term¹ objectives
Supported by our repositioned portfolio with significant organic and extension growth potential
8-10%
•
•
•
base EPS² growth p.a.
Organic earnings growth from market-
leading franchises
Digital investments drive business
extensions and cost optimization
Harvesting revenue and expense
synergies from acquisitions
•
16-17%
base ROE²
Diversified businesses drive strong and
stable returns
Wealth and asset management provides
capital-light growth
Leveraged capital management and risk
management expertise
45-55%
target dividend payout ratio,
base earnings²
Cash generative business supports a
progressive dividend policy in line
with expected earnings growth
Balanced approach between
maintaining financial strength and
strategic capital deployment
5-year4
(2017-2022)
8.8% CAGR
1-year³
(2022)
15.7%
5-year4
(2017-2022)
58.1% average
1. Medium-term defined as the next 3-5 years 2. Base earnings per common share (EPS), base return on common shareholders' equity (ROE) and target dividend payout ratio (base) are non-GAAP ratios calculated using base earnings, a non-GAAP financial measure. Additional
information on these ratios/measures is incorporated by reference and can be found under "Non-GAAP Financial Measures and Ratios" in our Q2 2023 MD&A, which can be accessed on SEDAR+ at www.sedarplus.ca Footnotes 3-4: Refer to slide 27View entire presentation