Sagicor Financial Company (SFC) investor relations material

Business overview and market position

• Operates as a diversified insurance and financial services provider across 19 countries, with a focus on life, health, annuities, pensions, and property and casualty insurance.

• Holds leading market positions: 2nd in universal life in Canada, 1st in life, health, and pensions in Jamaica, Barbados, and Eastern Caribbean, and 2nd in Trinidad and Tobago.

• Over 185 years of history, with strong brands and distribution networks in each core geography.

• Largest segment by assets and net income is the Canadian operation (ivari), acquired in 2023.

• U.S. platform focuses on fixed annuities, with strong growth and high capital surplus.

Financial performance and growth

• Total assets grew over 185% since 2019, reaching $25.2 billion by Q1 2026.

• Core earnings increased by over 130% since TSX listing; deployable capital up 56%.

• Revenues primarily from life, health, and annuities, with over 80% from these lines.

• Consistent profitability and strong cash generation across all major segments.

• Growth strategy includes organic expansion in U.S. annuities, Canadian platform sophistication, and Caribbean digital transformation.

Capital strength and risk management

• Maintains a strong capital base with $3.4 billion in loss absorbing capital and a Group LICAT ratio of 136% as of Q1 2026.

• Conservative leverage, with a financial leverage ratio of 27.5% and over $1 billion in net capital raised since 2019.

• Investment grade credit ratings from S&P, Fitch, and DBRS, with positive outlooks following the ivari acquisition.

• Investment portfolio is predominantly investment grade corporate and government bonds, with limited exposure to higher-risk assets.

• Robust enterprise risk management framework with three lines of defense and strong board oversight.