Finance and Capital Management

Financial management framework Business target 3-year cumulative capital generation 1 2020-22 mid-point £2.2bn target² After debt financing costs, other Corporate Centre costs and tax Uses of capital Financial Attractive strength and dividends flexibility Return of Invest in the business excess 1. Total change in Solvency II surplus before capital movements and dividends; 2. Provisional target subject to further consideration by the Remuneration Committee of appropriate 2020 incentive plan targets at year-end 2019 capital 61

View entire presentation