Organic Capital Generation and IFRS Transition Outlook

24 Q1/2022 RESULTS VS. GUIDANCE All metrics in-line or better than guidance, with the exception of core EPS 2022 guidance Q1/2022 result Core EPS¹+ Core ROE1+ (trailing 12 months) Impact of new business* (strain) Solvency ratio+ Capital generation* Effective tax rate Dividend payout ratio* $1.85 to $2.00 in Q1 13.0% to 15.0% -5% to 10% 110% to 116% $1.79 14.1% 7% 132% $450M to $525M in 2022 ~$100M 21% to 23% 18.7% 25% to 35% (mid-range) 35% 1 See "Reported and core earnings reconciliation" in this slide package. + This item is a non-IFRS measure; see the "Non-IFRS and Additional Financial Measures" section at the end of this document for relevant information about such measures. ¡Ani Financial Group

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