Cost Savings and Strategic Growth

Prudential Investment Thesis ROCK SOLID DIFFERENTIATED Demonstrated financial strength Thoughtful strategies and business design produce differentiated outcomes DISCIPLINED Positioned for long-term growth TRANSFORMING TO BECOME A HIGHER GROWTH, LESS MARKET SENSITIVE, MORE NIMBLE BUSINESS 14% Adjusted Operating ROE(1) 10% 7% 5-yr Annual Dividends Per Share CAGR (2) 5-yr Adjusted BVPS CAGR (3) (1) Based on 2021 after-tax adjusted operating income and average adjusted book value. Adjusted operating income reflects the reclassification of results of Full Service Retirement from the former Retirement business, which is now the Institutional Retirement Strategies business, to Divested and Run-off Businesses in Corporate & Other. Full Service Retirement results are excluded from adjusted operating income as a result of the operation being held-for-sale prior to its disposition on April 1, 2022. See reconciliation of non-GAAP measures in Appendix for more information. (2) From 2016 to 2021; based on annual dividend per share. (3) From 2016 to 2021; based on adjusted book value. See reconciliation of non-GAAP measures in Appendix for more information. Expanding access to investing, insurance, and retirement security 35 55

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