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1190 1831-2021 GENERALI → Generali launches Lifetime Partner 24 : Driving Growth Ambitious 2024 targets based on sustainable growth Strong earnings growth : 6 % -8 % EPS CAGR range ( 2021-24 ) ¹ Increased cumulative net Holding cash flow : > € 8.5 billion ( 2022-24 ) ² Higher dividend³ : cumulative € 5.2 - 5.6 billion cash dividends ( 2022-24 ) 4 vs € 4.5 billion ( 2019-21 ) New plan builds on successful delivery of Generali 2021 and best - in - class shareholder returns Generali 2021 targets all met or exceeded despite Covid - 19 environment5 Total shareholder return of 111 % since Investor Day 2016 € 500 million share buyback announced on completion of Generali 2021 , the first in 15 years7 # 1 in Relationship Net Promoter Score among European international peers Stronger balance sheet with lower financial debt , reduced interest expenses and industry leading Solvency II Ratio Sustainability fully embedded into business - with climate strategy and targets upgraded in June 2021 15/12/2021 PRESS RELEASE Lifetime Partner 24 : Driving Growth based on three strategic pillars with financial and operational KPIs Drive sustainable growth > 4 % growth in P & C non - motor premiums ( CAGR 2021-24 ) € 2.3-2.5 billion New Business Value in 2024 ( € 1.9 billion FY2020 ) O 13 year CAGR ; adjusted for impact of gains and losses related to acquisitions and disposals . Target based on current IFRS accounting standards . 2 Cash View . 3 Subject to regulatory recommendations . 4 Ratchet policy on DPS . Cash view . 5 2019 and 2021E ROE > 11.5 % , 2020 impacted by COVID - 19 and one - offs . 6 Reference period : 22.11.2016 - 13.12.2021 ; source : Refinitiv Datastream . 7 Subject to regulatory recommendations . 8 Based on weighted average of all countries where Generali has an active retail presence . Media Relations T +39.02.43535014 media@generali.com Investor Relations T +39.040.671402 ir@generali.com in Generali @GENERALI generaligroup GruppoGenerali www.generali.com