Alleghany 2021 Full Year Performance Highlights slide image

Alleghany 2021 Full Year Performance Highlights

Alleghany Capital – A Significant Earnings Contributor Strategy Long-term owner and capital provider to leading non- financial businesses Alleghany Capital Revenue (1) (2021) (2) Kentucky. Trailer Concord 4% 3% Piedmont PCT 1% • Partner with entrepreneurial management teams / founders with high integrity, aligned through meaningful ownership interests 6% Wilbert 7% W&W AFCO Steel 28% IPS 24% Jazwares 27% W&W AFCO Steel and Jazwares each generated revenues in excess of $1.0 billion ☐ Acquire market leaders in niche markets, or rapid share gainers in large fragmented markets Accelerate operational efficiency improvements; follow-on capital for growth / add-on acquisitions $3.7 billion 2021 Acquisitions Acquisition: Piedmont Manufacturing Group New Platform May Linesight October MEMORIAL -MONUMENTS- December Acquirer: Alleghany Capital ips $341 million (3) of capital deployed in 2021 Relates to Alleghany Capital product and service revenues. Revenues from May 10, 2021 to December 31, 2021. (1) (2) (3) Equity and debt deployed. Wilbert Commemorating Life with Respect" 27
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