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Investor Presentaiton

Internally managed investments $13.4 billion investment portfolio Objective: 160 bps of ROE outperformance Investment mix (net of hedging positions and financial liabilities related to investments, as of June 30, 2015) Loans, 4% Cash and short- term notes, 4% Preferred shares, 9% 50% Active Management 50% Investment Policy Leverage the tax-free nature of dividends Common equity strategies, 13% Intact Financial Corporation Fixed-income strategies, 70% ROE from Investments (after-tax) * 9.1% 9.3% 7.7% 6.8% 6.7% 7.1% 5 Year 3 Year Industry IFC * As of December 31, 2014 1 Year [ 6 ]
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