Investor Presentaiton

GREAT-WEST LIFECO 22 22 CANADA Canada Our Business We are strengthening our relationship with 1 in 3 Canadians More employers are turning to Canada Life than any other² We offer a preeminent platform for workplace, wealth and insurance advisors We have 16K advisor relationships Highlights Brand Finance rated Canada Life the fourth most valuable brand in Canada in 2022, the first insurance company ever to be in the top 5, reflecting a successful rebranding following the amalgamation of our three insurance companies in 2020 Canada Life was awarded the Public Service Health Care Plan (PSHCP) in the largest sale in the history of the Canadian group benefit market, supporting the well-being of 1.5m Canadians, covering eligible public servants and their dependents, effective July 1, 2023 Key Metrics $1.2B/$1.4B 17%/21% canada life annual base earnings/ net earnings¹ base ROE / net ROE¹ Base Earnings by Value Drivers Acquisitions³ of Investment Planning Counsel and Value Partners will accelerate Canada Life's efforts to build a leading wealth management platform for independent advisors and their clients Workplace Solutions $0.6B 53% $1.2B¹ Wealth & Asset Management $0.2B 17% Base Earnings 30% Insurance & Risk Solutions $0.4B 1. Base earnings is a non-GAAP financial measure and Base ROE is a non-GAAP financial ratio calculated using base earnings. Additional information regarding these measures/ratios is incorporated by reference and can be found under "Non-GAAP Financial Measures and Ratios" in Lifeco's Q2 2023 MD&A, available for review on SEDAR+ at www.sedarplus.ca. Data as of 12/31/22. Financial results on an IFRS 17 basis. Advisor relationships include those advisors that did business with Canada Life in 2022. Footnotes 2-3: Refer to slide 28

View entire presentation