Investor Presentaiton

Institutional Business Mix by Premiums & Deposits² We offer a spectrum of risk mitigating and financing solutions to meet the needs of our clients. We have a dedicated team of experts that specialize in institutional markets. Strategy & Target Markets . Grow our institutional business by exceeding customer expectations, driving new business growth, improving operational efficiency, and expanding our analytical capabilities Key Products . • Key product lines include Pension Risk-Transfer, Stable Value Wrap, FA-Backed Notes, FA- Backed Commercial Paper, Federal Home Loan Bank Advances and Health Savings Account Fixed Annuities Emerging product offerings include Defined Contribution Lifetime Income Distribution Model Our Pension and Stable Value products are offered through plan sponsors, consultants, and investment partnerships while our funding agreements are offered to institutional investors Medium-Term Funding Agreements 29%¹ Health Savings Account Fixed Annuities 17% YTD 12/31/22 $12.2B Short-Term Funding Agreements 41%¹ Pension Risk-Transfer 13% Institutional Statutory Premiums & Deposits² ($ Billions) $12.2 $8.0 $5.2 2020 2021 2022 1 Short-term funding agreements include funding agreements with maturities less than 12 months. Medium-term funding agreements have maturities greater than 12 months 2 Stable Value Wrap fee income is not included in the table above as Stable Value Wrap fees are recorded in miscellaneous income PACIFIC LIFE PLGFII - Investor Presentation (Q4 2022) 16 of 35

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