Wink Intel

MARCH 7, 2023

Assumptions The outlook for 2023 reflects: Corporate segment pre-tax operating losses of $(375)-$(425) million; U.S. Macroeconomic headwinds in 2022, which impacted assets under management and account values, are pressuring expected EPS growth in 2023. These items will be quantified on earnings calls as they occur throughout 2023.

Loss 40

Loss Intellectual Property Capital Globalization 40

Wink Intel

FEBRUARY 20, 2024

Buffers offer protection from initial losses up to a certain pre-determined threshold, then you’re responsible for any additional losses. 4 The best-performing index may have negative performance, under-perform the general market, and/or be subject to a buffer. Hindsight 20/20 strategy is only available on 6-year segments.

Intellectual Property 40

Intellectual Property Banking IT Retail 40

Wink Intel

MAY 30, 2022

Principal continues to expect deployable proceeds of approximately $800 million in 2022 from the closed transaction in combination with additional transactions designed to improve the capital efficiency of its in-force individual life insurance business. The proceeds are included in the company’s planned $2.0 billion-$2.3

Intellectual Property 40

Intellectual Property Capital Loss Banking 40

Wink Intel

FEBRUARY 8, 2022

securities laws and Canadian insurance company regulations), and other factors deemed relevant by Manulife, and may be subject to regulatory approval or conditions. securities laws and Canadian insurance company regulations), and other factors deemed relevant by Manulife, and may be subject to regulatory approval or conditions.

Intellectual Property 40

Intellectual Property Capital Loss Finance 40

Wink Intel

AUGUST 9, 2022

million of capital to shareholders during the second quarter, including: $161.7 billion of excess and available capital in our holding companies and other subsidiaries, which is available for corporate purposes. Incurred loss ratio. Pre-tax operating earnings (losses). Pre-tax operating losses. Returned $401.6

Loss 40

Loss Capital Intellectual Property Globalization 40

Wink Intel

OCTOBER 31, 2022

billion of capital, of which $1.9 million of capital during the third quarter, including: $450.1 billion of excess and available capital in our holding companies and other subsidiaries, which is available for corporate purposes. Statutory risk-based capital (RBC) ratio for Principal Life Insurance Company of approximately 405%.

Loss 40

Loss Capital Intellectual Property Globalization 40

Wink Intel

AUGUST 8, 2023

Pearson concluded, “While our in-demand product offering and strong new business activity supports our growth targets, our conservative balance sheet, fair value approach to product design and capital management continues to differentiate Equitable while driving significant value for shareholders. We have generated $0.9 Net inflows of $1.5

Loss 40

Loss Capital Globalization Intellectual Property 40

Wink Intel

MAY 2, 2022

million of capital to shareholders during the first quarter, including: $167.0 billion of excess and available capital in our holding companies and other subsidiaries, which is available for corporate purposes. Incurred loss ratio. Incurred loss ratio decreased due to improved claims experience driven by dental. (in

Loss 40

Loss Capital Intellectual Property Globalization 40

Wink Intel

JUNE 7, 2021

Factors that could cause actual results, events and developments to differ include, without limitation: the accuracy of Athene’s assumptions and estimates; Athene’s ability to maintain or improve financial strength ratings; Athene’s ability to manage its business in a highly regulated industry; regulatory changes or actions; the impact (..)

Globalization 40

Globalization Intellectual Property Loss Security 40

Wink Intel

FEBRUARY 8, 2022

With a renewed focus on higher growth markets and improved capital efficiency, we were able to deliver strong non-GAAP operating earnings of $498 million in the fourth quarter and over $1.8 million of capital to shareholders during the fourth quarter, including: $168.5 million of capital to shareholders in 2021, including: $654.1

Loss 40

Loss Capital Intellectual Property Globalization 40

Wink Intel

AUGUST 3, 2021

During our 2021 investor day, we announced changes to our business portfolio and capital management strategy to drive future growth, reduce capital intensity, sharpen our strategic focus, and reinforce our commitment to returning more capital to shareholders as we continue to create long-term shareholder value,” said Houston. “In

Loss 40

Loss Capital Intellectual Property Globalization 40

Wink Intel

NOVEMBER 8, 2022

Mr. Pearson continued, “Our fair value model and the strength of our capital management program proved resilient in the quarter protecting our balance sheet while we continue to deliver on our 50-60% payout ratio target. Net income (loss) attributable to Holdings. . . Non-GAAP operating earnings (loss). . . 0.69. .

Loss 40

Loss Capital Intellectual Property Security 40

Wink Intel

MAY 3, 2021

billion of excess and available capital in our holding companies and other subsidiaries, which is available for corporate purposes. Estimated statutory risk-based capital (RBC) ratio for Principal Life Insurance Company of 437%; above our 400% targeted RBC ratio. million of capital during the first quarter, including: $152.2

Loss 40

Loss Capital Intellectual Property Globalization 40

Wink Intel

MARCH 8, 2022

billion of planned capital returned to shareholders. retail fixed annuity and universal life insurance with secondary guarantee (“ULSG”) blocks of business and additional transactions to improve capital efficiency. billion of capital to shareholders in 2022, including $2.0-$2.3 Incurred loss ratio. . . 60 – 64%.

Intellectual Property 40

Intellectual Property Capital Loss Banking 40

Wink Intel

AUGUST 9, 2022

per share and the strength of our capital position was reflected in our combined RBC ratio of 440%, above our minimum combined target,” said Mark Pearson, President and Chief Executive Officer. Net income (loss) attributable to Holdings. . Net income (loss) attributable to Holdings per common share. . 1,728. . . 4.47. . .

Loss 40

Loss Capital Intellectual Property Security 40

Wink Intel

MAY 10, 2022

Equitable has committed to deploy $10 billion in investment capital from its General Account towards AB’s Private Markets platform. Net income (loss) attributable to Holdings. . . Net income (loss) attributable to Holdings per common share. . . Non-GAAP operating earnings (loss). . . 1.43. . . 1.36. . .

Loss 40

Loss Capital Intellectual Property Security 40

Wink Intel

MARCH 2, 2021

DES MOINES, Iowa–( BUSINESS WIRE )–Principal Financial Group ® (Nasdaq: PFG) announced 2021 outlook metrics and capital deployment plans. billion of capital deployments, including $600-$800 million of share repurchases. Incurred loss ratio. . . 2021 total company guidance. 2021 business unit guidance.

Intellectual Property 40

Intellectual Property Capital Loss Banking 40

Wink Intel

FEBRUARY 2, 2021

Our capital deployment strategy is balanced and disciplined, focused on creating long-term shareholder value. In 2020, we deployed over $900 million of capital to common stock dividends and share repurchases. million of capital during the fourth quarter, including: $153.7 million of capital in 2020, including: $614.5

Loss 40

Loss Capital Intellectual Property Globalization 40

Wink Intel

NOVEMBER 8, 2021

Sustained growth of our capital-light businesses, positive net inflows and favorable equity markets propelled AUM up 17% to reach $871 billion, a record high. Net income (loss) attributable to Holdings. Net income (loss) attributable to Holdings per common share. Non-GAAP operating earnings (loss). 871. . . $.

Loss 40

Loss Capital Intellectual Property Finance 40

Wink Intel

APRIL 5, 2021

Athene utilized its strategic capital vehicle, Athene Reinsurance Co-investment (“ACRA”), to support the completion of this transaction. .” Under the agreement, AAIA and AANY have each committed to issuing a group annuity contract to JCPenney and individual annuity certificates to applicable participants.

Intellectual Property 40

Intellectual Property Capital Security Security 40

Wink Intel

MAY 11, 2021

Net income (loss) attributable to Holdings. Net income (loss) attributable to Holdings per common share. Non-GAAP operating earnings (loss). Non-GAAP operating earnings (loss) per common share (“EPS”). Total Assets Under Management (“AUM”, in billions). $. 822. . . $. 1,488. ). . 3.46. ). . 1.35. . .

Loss 40

Loss Capital Intellectual Property Security 40

Wink Intel

NOVEMBER 15, 2021

Transaction releases capital, reduces risk, and unlocks value from legacy business. billion of capital released 3 including a one-time after-tax gain of approximately $750 million to net income attributed to shareholders, validating the conservatism of our reserves, and the release of approximately $1.3 Lowers the total U.S.

Capital 40

Capital Loss Intellectual Property Security 40

Wink Intel

JANUARY 31, 2022

Principal ® expects deployable proceeds of approximately $800 million upon closing of this reinsurance transaction and through additional transactions designed to improve the capital efficiency of its in-force individual life insurance business. Increased capital return to shareholders. benefits and protection. billion to $2.0-$2.3

Capital 40

Capital Intellectual Property Retail Loss 40

Wink Intel

AUGUST 10, 2021

Net income (loss) attributable to Holdings. Net income (loss) attributable to Holdings per common share. Non-GAAP operating earnings (loss). Non-GAAP operating earnings (loss) per common share (“EPS”). Operating earnings (loss). Total Assets Under Management (“AUM”, in billions). $. 869. . . $. 4,019). . .

Loss 40

Loss Capital Intellectual Property Security 40

Wink Intel

FEBRUARY 23, 2021

Our fair value risk management approach afforded us a strong, stable capital position throughout 2020, culminating in strong year-end capital ratios supported by $2.9 Net income (loss) attributable to Holdings. . Net income (loss) attributable to Holdings per common share. . Non-GAAP operating earnings (loss). .

Loss 40

Loss Capital Intellectual Property Management 40

Wink Intel

FEBRUARY 14, 2022

“We progressed our capital deployment priorities by investing in our highest potential businesses, including an exclusive bancassurance transaction in Vietnam , and a common share dividend increase of 18%. Life Insurance Capital Adequacy Test (“LICAT”) ratio of The Manufacturers Life Insurance Company (“MLI”).

Globalization 40

Globalization Sales Loss Management 40

Data Hut

SEPTEMBER 28, 2023

Predatory pricing Predatory pricing is a strategy where companies undercut competitors by selling products at drastically reduced prices, often at a loss. Opportunists often target platforms like Amazon during crises, capitalizing on high-demand items to profit at the expense of those desperately in need.

Intellectual Property 52

Intellectual Property Commerce Competitive Security 52

Wink Intel

NOVEMBER 6, 2023

billion of capital to shareholders and achieved or contracted on 81% of Corebridge Forward target run-rate savings. CAPITAL AND LIQUIDITY HIGHLIGHTS Holding company liquidity of $1.7 Since our IPO, we have returned $1.4 billion, a 13% decrease over the prior year quarter. billion, a 13% decrease over the prior year quarter.

Loss 40

Loss Security Security Capital 40

Wink Intel

AUGUST 8, 2023

Base spread income also grew 42% year over year, and our businesses remain well positioned to capitalize on current market opportunities. Going into the second half of the year, we remain focused on executing our strategies and optimizing our capital to generate long-term growth in shareholder value.”

Loss 40

Loss Capital Security Security 40

Wink Intel

MAY 15, 2023

Premiums and deposits 1 grew 45% compared to the prior year quarter Base portfolio income 2 for our insurance operating businesses grew 23% while base yield 2 expanded 60 basis points compared to the prior year quarter Net loss of $459 million, or $0.70 per share reflect strong base spread income 2 Holding company liquidity of $1.8

Loss 40

Loss Security Security Capital 40

Wink Intel

FEBRUARY 8, 2022

Continued execution on our strategic priorities will drive profitable growth, enable market-leading ROEs, deliver consistent capital generation and sustain our top quartile ESG performance all of which will maximize value creation for stakeholders.”. CONSOLIDATED RESULTS: . Three Months Ended. Core earnings ROE 2,3 , last 12-months. . .

Loss 40

Loss Capital Security Security 40

Wink Intel

FEBRUARY 22, 2023

We maintained a strong financial position throughout the year and delivered on our capital management goals for 2022. We have a strong balance sheet and free cash flow profile, and we will stay disciplined in deploying capital to create value for our customers, distribution partners and other stakeholders.”

Loss 40

Loss Sales Security Security 40

Wink Intel

NOVEMBER 14, 2022

As we look to the strength of our balance sheet, the consistency of our cash flows and the diversification of our businesses and earnings sources, we are confident in our ability to return significant capital to shareholders through a combination of dividends and share repurchases.”. _. Variable investment income (loss). . $. (13.

Loss 40

Loss Capital Sales Retail 40

Wink Intel

AUGUST 10, 2021

Athene utilized its strategic capital vehicle, Athene Reinsurance Co-investment (“ACRA”), to support the completion of this transaction. This large-scale transaction comes as the U.S. pension risk transfer market has seen a significant increase in transaction volume beginning in the second half of 2020 and continuing into 2021.

Intellectual Property 40

Intellectual Property Capital Security Security 40

Wink Intel

SEPTEMBER 1, 2023

North American Charter ® Plus 10 & 14 are flexible premium FIAs that offer growth potential for retirement assets as well as protection from losses due to downside market fluctuations. Performance Choice is North American’s shortest duration accumulation annuity product. They may not be appropriate for all clients.

Intellectual Property 40

Intellectual Property Loss Sales Capital 40

Wink Intel

AUGUST 31, 2023

North American Charter ® Plus 10 & 14 are flexible premium FIAs that offer growth potential for retirement assets as well as protection from losses due to downside market fluctuations. Performance Choice is North American’s shortest duration accumulation annuity product. They may not be appropriate for all clients.

Intellectual Property 40

Intellectual Property Loss Sales Capital 40

Wink Intel

MAY 11, 2021

Net investment gains (losses). . . Net derivative gains (losses). . . Net income (loss). . $. Net income (loss) per share. . $. Net derivative losses amounted to $2.2 Corporate & Other had an adjusted loss of $171 million, compared to an adjusted loss of $131 million in the first quarter of 2020.

Loss 40

Loss Capital Sales Security 40