Wink Intel

MARCH 7, 2023

Assumptions The outlook for 2023 reflects: Corporate segment pre-tax operating losses of $(375)-$(425) million; U.S. Securities and Exchange Commission, as updated or supplemented from time to time in subsequent filings. These items will be quantified on earnings calls as they occur throughout 2023. 877-407-0832 (U.S.

Loss 40

Loss Intellectual Property Capital Globalization 40

Wink Intel

JANUARY 30, 2023

Fourth quarter 2022 net loss attributable to Principal Financial Group ® , Inc. per diluted share, includes $514 million of loss from exited business. billion of capital for full year 2022, including $2.3 billion of capital in the fourth quarter 2022, including $0.4 billion, or $18.85 per diluted share, includes $3.3

Loss 40

Loss Capital Intellectual Property Globalization 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

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

JUNE 7, 2021

Athene specializes in helping its customers achieve financial security and is a solutions provider to institutions. Athene, through its subsidiaries, is a leading retirement services company with total assets of $205.7 billion as of March 31, 2021 and operations in the United States , Bermuda , and Canada.

Globalization 40

Globalization Intellectual Property Loss Security 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

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

NOVEMBER 8, 2022

billion of inflows in the quarter as clients turn to their advisors seeking protection and secure income amidst market volatility and an uncertain economic outlook,” said Mark Pearson, President and Chief Executive Officer. Net income (loss) attributable to Holdings. . . Non-GAAP operating earnings (loss). . . 0.69. . .

Loss 40

Loss Capital Intellectual Property Security 40

Wink Intel

APRIL 5, 2021

“We are pleased to serve as a trusted partner to JCPenney in providing retirement security to its retirees and their beneficiaries,” said Sean Brennan , EVP of Pension Risk Transfer and Flow Reinsurance at Athene. Athene specializes in helping its customers achieve financial security and is a solutions provider to institutions.

Intellectual Property 40

Intellectual Property Capital Security 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

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

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

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

MAY 3, 2021

Our global, diversified, and integrated approach to financial security continues to differentiate Principal in the marketplace. billion of excess and available capital in our holding companies and other subsidiaries, which is available for corporate purposes. million of capital during the first quarter, including: $152.2

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

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

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

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

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

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 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

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

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

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 We proudly partner with financial professionals and institutions to help individuals plan, save for and achieve secure financial futures.

Loss 40

Loss Security Security Capital 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. Think of it as someone getting their hands on sensitive data that's locked behind a secure login without the proper clearance. We also need to consider the ethical reasons as well.

Intellectual Property 52

Intellectual Property Commerce Competitive Gaming 52

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 ended the year with strong momentum and remain focused on our core mission of helping individuals plan, save for and achieve secure financial futures. We maintained a strong financial position throughout the year and delivered on our capital management goals for 2022. billion, a 118% decrease compared to the prior year quarter. .”

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”) (NYSE: ATH ), a leading financial services company specializing in retirement solutions, announced the close of a significant pension risk transfer (PRT) transaction with Lockheed Martin (NYSE: LMT ), a global security and aerospace leader. Under the terms of the transaction, Lockheed Martin transferred $4.9

Intellectual Property 40

Intellectual Property Capital Security Security 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 Securities and Exchange Commission in connection with this earnings news release. net income (loss); . (i). 12,349. . . $.

Loss 40

Loss Capital Sales 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. Source: Wink’s Sales & Market Report and LIMRA/Secure Retirement Institute). For more information, please visit here.

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. Source: Wink’s Sales & Market Report and LIMRA/Secure Retirement Institute). For more information, please visit here.

Intellectual Property 40

Intellectual Property Loss Sales Capital 40

Wink Intel

NOVEMBER 8, 2021

These items were partially offset by a $152 million ( $155 million pre-tax) charge in our Property and Casualty Reinsurance business for estimated losses related to Hurricane Ida and the European floods and unfavourable policyholder experience in Asia and the U.S. . Private Securities Litigation Reform Act of 1995.

Globalization 40

Globalization Business Management Intellectual Property 40