Investor Presentaiton

Great-West continues to grow its wealth businesses GREAT-WEST LIFECO INC. Canada Acquisition of Value Partners completed; AUA¹ up 10% year- over-year, including Value Partners AUA of $4 billion ■ IPC² acquisition on-track to close in Q4 2023 Positive flows for mutual funds; negative for segregated funds, in line with industry United States ■ Empower Personal Wealth AUA increased 30% year-over-year, from strong net inflows and higher markets ■ New asset capture from defined contribution business up 50% year-over-year, reflecting improved sales effectiveness and enhanced dashboard Europe ■ AUA up 16% year-over-year, reflecting strong net inflows, positive market experience and impact of currency ■ Unio Wealth and AIB joint venture progressing well 1 Assets under administration is defined as a non-GAAP financial measure by Great-West. Refer to the "Disclosures Concerning Public Investees" section at the beginning of this presentation for more information. 2 The acquisition of IPC is expected to close by the end of 2023, contingent on regulatory and other customary conditions. POWER CORPORATION OF CANADA QUARTERLY RESULTS PRESENTATION | Q3 2023 12

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