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Investor Presentaiton

Statutory Premiums and Deposits 5-year CAGR of 18% driven by strong growth in our Institutional and Life Insurance divisions Institutional was formed in 2020 Pension Risk-Transfer (PRT) business transferred from PLIC Statutory Premiums & Deposits¹ ($ Billions) 5-year CAGR²: 18% $21.0 Retirement Solutions $15.5 $14.3 $13.1 • Premiums & deposits were $8.0B in 2021 and $8.1B YTD Q3 2022 $10.1 $9.2 The growth in premiums & deposits as compared to Q3 2021 is driven by strong sales primarily in our Institutional Division and fixed annuity sales in our Retirement Solutions Division We remain committed to growing our retail, institutional, and reinsurance product lines 1 Includes premiums and annuity considerations for life and accident and health contracts and deposits received for deposit-type contracts, net of reinsurance 25-year CAGR calculated using years 2016-2021 PACIFIC LIFE $12.9 $18.1 2016 2017 2018 2019 2020 2021 YTD YTD 9/30/21 9/30/22 PLGFII Investor Presentation (Q3 2022) 13 of 33
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