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Investor Presentaiton

19 High Quality, Conservative Investment Portfolio Key Metrics Approximate Effective Duration 4.8 years Approximate Book Yield 3.12% Average Rating Fixed Income Inv. Grade/Below Inv. Grade Mix A ~99% 96%/4% High quality, well diversified portfolio Manufacture Term Life which has no cash value, and little asset liability matching compared to firms which sell cash value life insurance products Composition of Primerica's $3.2 Billion Investment Portfolio by Asset Class at end of 2021 Composition of Primerica's $2.6 Billion Fixed Income Investment Portfolio by Rating at the end of 2021 Below 4.3% Investment Asset- Backed 3.5% CMBS Private Cash Equity 4.5% 6.7% 14.7% 1.2% Other 1.5% Mortgage- Backed 12.0% Corporate 46.6% All data as of December 31, 2021 Treasury / Government 9.1% BBB 40.8% AAA 18.7% A 24.4% AA 11.8% Grade / NA PRIMERICA
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