B. GROUP FINANCIAL RESULTS 2021 Group: Solvency II ratio increases to 209% +12.9 +0.0 Own funds 84.9 +0.2 -4.5 86.0 (EUR bn) -7.6 +5.9 +5.1 +3.4 -1.4 P/C AM L/H CO/Conso. 31.12.20 Regulatory/ Operating SII Market Capital mgmt./ Tax/ 31.12.21 model changes earnings impact management other actions SII capitalization 207% +3%-p +29%-p +8%-p -14%-p -24%-p 209% Pre-tax operating capital generation 40.9 +0.4 +0.5 +0.9 41.2 -0.4 -1.2 SCR (EUR bn) 31.12.20 Regulatory/ Business Market Management Other2 31.12.21 1 model changes evolution impact actions 1) Including cross effects and policyholder participation 27 2) Other effects on SCR include diversification effects B 9