B. GROUP FINANCIAL RESULTS 2021 Group: 4Q OP strong, NI impacted by litigation Group Property-Casualty Life/Health Asset Management Total revenues 4Q 21 in EUR bn (internal growth vs. prior year in %) 38.4 (+5.9%) 14.5 (+10.7%) 21.5 (+1.6%) 2.5 (+15.5%) Operating profit 4Q 21 inEUR mn(vs. prior year in %) 3,509 (+18.0%) 1,551 (+76.1%) 1,264 (-11.6%) 1,035 (+20.8%) Shareholders’ net income Combined ratio New business margin Cost-income ratio (in EUR mn) (in %) (in %) (in %) -116.1% -3.9%-p +0.7%-p -0.5%-p 1,817 97.4 93.5 58.7 58.2 2.7 3.4 -292 1.5 1.3 +0.7 -2.4 521 672 +27.7 +20.6 4Q 20 4Q 21 4Q 20 4Q 21 4Q 20 4Q 21 4Q 20 4Q 21 1 NatCat impact VNB (EUR mn) 3rd party net flows (EUR bn) Run-off ratio 23 1) NatCat costs (without reinstatement premiums and run-off) B 5