Sagicor Financial Company (SFC) Investor presentation summary

Business overview and market position

• Operates as a diversified insurance and financial services provider across 19 countries, with core offerings in life and health insurance, annuities, pensions, property and casualty insurance, and related financial products.

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

• Over 80% of revenues are from life, health, and annuities, with a balance sheet 75% weighted to Canada and the U.S.

• Largest segment by assets and net income is Sagicor Canada (ivari), acquired in 2023, with strong profitability and capital generation.

• Sagicor Life USA and Sagicor Jamaica are significant contributors, with strong growth in U.S. annuities and robust profitability in Jamaica.

Financial performance and growth

• Total assets grew over 170% since 2019, reaching $24.1 billion by Q2 2025.

• Deployable capital increased by 50% and comparable earnings by over 120% since TSX listing.

• Net income for LTM Q2 2025 was $335 million, with core earnings of $166 million.

• Consistent revenue and asset growth, with strong profitability across segments.

• Sagicor Jamaica delivered a 75% profitability increase since 2013, with a historical average ROE of 16%.

Capital strength and risk management

• Maintains a strong capital base: $3.4 billion in loss absorbing capital, $2.7 billion deployable capital, and a Group LICAT ratio of 141% as of Q2 2025.

• Conservative leverage with a financial leverage ratio of 27.1% and over $1 billion in net capital raised since 2019.

• Investment portfolio is 71% debt securities, primarily investment grade, with limited exposure to higher-risk assets.

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

• Voluntarily adopted Canadian regulatory frameworks and maintains capital well above local requirements.