Investor Presentaiton

Pacific Life Investment Portfolio Highlights. Total investment portfolio • Investment portfolio consists primarily of investment grade public and private fixed income securities, mortgage loans and contract loans Fixed income profile • Net unrealized losses in the fixed income portfolio were $7.9B as of December 31, 2022 • As of December 31, 2022, 94% of our fixed maturity securities were rated as investment-grade. We have not experienced any material changes in the credit quality of our portfolio since December 31, 2021 Fixed income portfolio performance continues to be strong Investment Portfolio 1 Cash, Cash Equiv, and Short Term Investments 1% Other 13% Contract loans 7% Mortgage Loans 16% 12/31/22 Stat CV $116.5B Bonds 63% ¹Other includes other invested assets, securities lending reinvested collateral assets, private equity funds, derivatives, and common stock PACIFIC LIFE NAIC 3 5% NAIC 2 51% Fixed Income Securities by NAIC Rating 12/31/22 Stat CV $73.9B NAIC 4-6 1% Fixed Income Securities by Industry NAIC 1 43% Other 10% Real Estate 4% Consumer cyclicals and non-cyclicals 17% Governments 5% CMBS/RMBS 7% Energy 7% Telecommunications 8% Industrials 8% 12/31/22 Stat CV $73.9B Financials 13% Utilities 13% Transportation 8% PLGFII - Investor Presentation (Q4 2022) 21 of 35

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