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Investor Presentaiton

Earnings Drivers by Segment Business Segment Term Life Insurance Earnings Drivers ☐ Term Life issued policies, additions to existing policies and retention of in-force business ☐ Death claims ☐ Acquisition costs and operating expenses Investment & Savings Products Product sales, client asset values and number of client accounts ☐ Operating expenses Senior Health Corporate & Other ㅁㅁㅁ Approved policies Policy renewal commissions (churn) Contract acquisition cost and other operating expenses ☐ Corporate and other operating expenses 15 Distributed Products ☐ Net Investment Income ☐ Other product sales Interest expense PRIMERICA® Business mix generates significant free cash flows and opportunity for strong capital deployment

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