B. GROUP FINANCIAL RESULTS 2021 P/C: investment result up 3% Operating investment result1 Current yield Economic reinvestment yield (EUR mn) +3.4% (debt securities; in %) (debt securities; in %) 2,642 2.27 2.10 1.4 1.4 2,556 2020 2021 2020 2021 4 5 2020 2021 Total average asset base Duration (EUR bn) Interest & 3,061 3,151 +90 120.7 5.6 5.6 2 117.3 4.6 4.5 similar income Net harvesting -84 -16 +69 and other3 Investment Assets expenses -421 -493 -73 Liabilities 2020 2021 2020 2021 1) Including policyholder participation 2) Net of interest expenses 4) Asset base includes health business France, fair value option and trading 3) Other comprises fair value option, trading and F/X gains and losses, 5) The durations are based on a non-parallel shift in line with SII yield curves and scaled by Fixed Income 37 as well as policyholder participation assets. Data excludes internal pensions residing in the P/C segment. B 19