Investor Presentaiton

History of value creation through M&A 1997 2003 2007 2013 2014 2016 2017 London Life Canada Life Putnam Irish Life INVESTMENTS GREAT-WEST LIFECO INC. 2018 EMPOWER RETIREMENT JP Morgan RPS AVIVA Health insurance from Aviva GloHealth Clearly Great Cover FINANCIAL HORIZON GROU retirement advantage Invesco Strategic acquisition ✓ New products / services New customer ✓ ✓ segments ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ New distribution channels Synergy target achieved NA NA Integration EPS accretive ✓ X NA ongoing NA ROE target X ✓ NA NA achieved 13

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