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Investor Presentaiton

GREAT-WEST LIFECO INVESTOR OVERVIEW Earnings expansion underpinned by stable returns on capital Net EPS in C$, rounded to the nearest cent 3.00 3.46 3.37 3.17 2.77 2.67 2.55 2.49 2.34 1.90 2.17 11 11 16.6% 15.7% 14.7% 15.3% 13.8% 14.0% 14.1% 14.0% 13.6% 11.7% 10.9% 2012 2013 2014 2015 2016 2 Net EPS 2017 2018 2019 2020 2021 2022 Net ROE² 2022 (IFRS 17) 3.86 6.2% 10-year EPS CAGR 1,2 17.2% 13.9% 10-year Average ROE1,2 1. 2012 to 2022 Annual EPS growth reflects compound annual growth rate; 2013 to 2022 ROE reflects average. Additional information regarding the composition of EPS and ROE has been incorporated by reference and can be found in the "Glossary" section of the Company's Q2 2023 MD&A 2. Net EPS and Net ROE, including 10-year Net EPS CAGR and 10-year Net ROE Average, up to and including 2022, are on an IFRS 4 basis
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