Cost Savings and Strategic Growth

Demonstrated Financial Strength Capital Position Sources of Funding • Parent company liquid assets above $3 to $5 billion liquidity target range Parent company highly liquid assets of $7.1 billion (1) Free cash flow(2) ~65% of earnings over time PICA RBC ratio > 400% Japan solvency margin ratios > 700% Resource Sustainability-Linked Credit Facility Off-Balance Sheet Resources Capacity $4.0 billion Maturity Date $1.5 billion July 2026 November 2023 May 2030 Contingent Capital $1.5 billion Prudential Holdings of Japan Facility ¥100 billion September 2024 As of June 30, 2022. (1) (2) Highly liquid assets predominantly include cash, short-term investments, U.S. Treasury securities, obligations of other U.S. government authorities and agencies, and/or foreign government bonds. Management view of free cash flow as a percentage of after-tax adjusted operating income includes dividends and returns of capital, net receipts from capital related intercompany loans, capital contributions to subsidiaries, and adjustments for M&A funding. Percentage is not intended to report results over any given time period. Expanding access to investing, insurance, and retirement security 10 10

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