2022 Update: Fidelidade Insurance Market Leadership

Diversified fixed income portfolio Breakdown by geography ROW 14% Sovereign bonds (€3.3 B) Portugal 22% Corporate bonds1 (€5.9 B) Asia RoW 5% 13% Latin 14% America 18% North America 30% Spain Italy 35% Breakdown by rating Non-Investment Grade 5% A- or Above 29% 65% BBB Range Other 15% Ireland UK Not Rated Non-Investment Grade 3% 20% 31% 5% 34% Luxembourg 6% 50% Europe 6% Spain 9% 14% Netherlands 12% 46% France Portugal BBB Range Source: Company information as of 31 December 2022 1. Excludes bond investment funds, loans, commercial paper & perpetual fixed income assets A- or Above Fidelidade's exposure to Caixa Geral de Depósitos was about €98 M in bonds and nil to Fosun at YE 2022 25 FIDELIDADE

View entire presentation