Investor Presentaiton

Power highlights Continued strong financial results at Great-West and IGM Great-West Q3 2023 base earnings of $950 million vs. $809 million² in Q3 2022 and net earnings from continuing operations of $936 million vs. $986 million in Q3 2022 IGM Q3 2023 net and adjusted net earnings³ of $209.8 million vs. $216.1 million in Q3 2022 Continued execution of our value creation strategy ■ ■ ■ Great-West on track to deliver value from its previously announced strategic transactions which will add new capabilities and drive scale IGM reported strong earnings contributions from both IG Wealth and Mackenzie, combined with ongoing discipline in expense management GBL repurchased €589 million of shares year-to-date as at Q3 2023 Sagard completed strategic partnerships with ADQ and BMO, and an expanded partnership with Great-West ■ Sagard and Power Sustainable raised $1.2 billion in new commitments in Q3 2023, and an additional $150 million in October 2023 ■ Power repurchased $452 million of shares in 2023, including $112 million subsequent to Q3 2023 1 Base earnings is defined as a non-GAAP financial measure by Great-West. Refer to the "Disclosures Concerning Public Investees" section at the beginning of this presentation for more information. 2 Comparative periods have been restated subsequent to the adoption of IFRS 17 and IFRS 9, and to exclude discontinued operations related to Putnam. See the "Basis of Presentation" and "Non-IFRS Financial Measures" at the beginning of this presentation for more information. 3 Adjusted net earnings is defined as a non-IFRS financial measure by IGM. Refer to the "Disclosures Concerning Public Investees" section at the beginning of this presentation for more information. 4 Including the acquisition of the Prudential full-service retirement business in 2022, the recent acquisition of Value Partners, and the completion of the announced transactions to acquire IPC and to dispose of Putnam. POWER CORPORATION OF CANADA QUARTERLY RESULTS PRESENTATION | Q3 2023 7

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