2022 Update: Fidelidade Insurance Market Leadership

Performance kept resilient despite the pressures on both technical and investment fronts € M Insurance Business Underwriting Result¹ € M +6.6% 118 125 2021 Source: Company information as December 2022 1. Non-life & Life Risk 2. Excluding unit-linked portfolios 2022 Investment Result Investment 3.6% Yield (%)² AuM³ (€ B) 17.2 330 -52.2% 2021 € M 2.0% ROTE4 10.9% 16.4 Net Income 10.4%) -18.4% 270 220 158 2022 2021 2022 Diversification strategy is yielding positive results. E.g., Luz Saúde achieved €26.7 M in net income before minority interests and the international business contributed with €37 M to consolidated net profit. 3. Assets Under Management excluding properties for own use 4. Return on Tangible Equity 23 FIDELIDADE

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