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9M-26 Financial Summary 02 November 2026 9M-26 Financial Summary
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Disclaimer 2 This document should be read as an overview of the current business activities and operating environment of Great Eastern Holdings Limited and its related corporations (collectively, “Great Eastern”). The information supplied is in summary form and this overview does not purport to contain complete information or all information that investors or potential investors may require in order to make an informed assessment of Great Eastern’s prospects. This document should not be solely relied upon by investors or potential investors when making an investment decision. You should seek professional advice from your stockbroker, solicitor, accountant, financial adviser, tax adviser or other independent professional adviser before deciding whether to invest. This document does not constitute or form part of any opinion on any advice to sell, or any solicitation of any offer to subscribe for any shares nor shall it or any part of it nor the fact of its presentation form the basis of, or be relied upon in connection with, any contract or investment decision or commitment whatsoever. Great Eastern accepts no liability whatsoever with respect to the use of, or reliance upon, any information, statement or opinion contained in or omitted from this document. This document shall not be reproduced, republished, uploaded, linked, posted, transmitted, adapted, copied, translated, modified, edited or otherwise displayed or distributed in any manner without Great Eastern’s prior written consent.
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Overview of 9M-26 Financial Results 3 1 Includes Non-Controlling Interest 2 Following the completion of the partial divestment in the Group's subsidiary, PT Great Eastern Life Indonesia ("GELI") to OCBC Indonesia on 1 September 2026 to comply with local regulatory requirements, the Group ceased to have control over GELI. The transaction resulted in a loss on disposal of S$57.1 million, which was substantially offset by the reclassification gain of S$52.6 million in other comprehensive income. Accordingly, while the transaction reduced reported net profit, its overall impact on the Group's total comprehensive income was broadly neutral. The accounting impact remains subject to the year-end audit. Values are denominated in S$’m NBEV grew strongly year-on-year, outpacing TWNS growth, supported by higher sales volumes and a more favourable product mix. Underlying business fundamentals remained strong, supported by higher profit from Insurance Business. This is offset by lower profit from Shareholders' Fund, mainly reflecting lower investment gains as a result of less favourable financial market conditions compared against last year. OCI loss primarily due to mark-to-market losses on the fixed income portfolio as a result of higher prevailing interest rates.
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4 TWNS Performance by Market Singapore Malaysia Emerging Markets (Indonesia & Brunei) The Group’s TWNS for 9M-26 grew 9% year-on-year, with Singapore being the main contributor to growth. Malaysia continued to record modest growth despite more subdued market conditions. Values are denominated in S$’m
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5 Singapore TWNS – By Channel Agency Banca Others Values are denominated in S$’m Singapore TWNS grew 11% year-on-year in 9M-26, reflecting continued growth momentum, notwithstanding some moderation in the third quarter.
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6 Malaysia TWNS – By Channel Malaysia continued to record TWNS growth, increasing 3% year-on-year in 3Q-26 and 4% in 9M-26, amid more subdued market conditions. Values are denominated in S$’m Agency Banca Others
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7 NBEV – By Market The Group’s NBEV grew strongly year-on-year, outpacing TWNS growth. Singapore was the main contributor, supported by higher sales and a more favourable product mix. Malaysia also recorded NBEV growth, albeit at a more moderate pace amid more subdued market conditions. Values are denominated in S$’m Singapore Malaysia Emerging Markets (Indonesia & Brunei)
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9M-26 9M-25 8 Profit from Insurance Business Profit from Insurance Business increased year-on-year, supported by higher CSM release and the release of reserves. This was partly offset by claims pressures, particularly from the Malaysia medical business, and less favourable investment performance. * Net of Reinsurance Values are denominated in S$’m ) ) e ease s ust ent e ease ess perat n ar an e oss o ponent an t ers n est ent prea ar to ar et Ga ns osses) Genera nsuran e ro t a ro t ro nsuran e us ness ) ) e ease s ust ent e ease ess perat n ar an e oss o ponent an t ers n est ent prea ar to ar et Ga ns osses) Genera nsuran e ro t a ro t ro nsuran e us ness
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9 Profit from Shareholders’ Fund 9M-26 9M-25 Values are denominated in S$’m Profit from are o ers’ Fund was lower year-on-year due mainly to lower investment gains. Strong mark-to- market gains on equities, particularly earlier in the year, were partly offset by mark-to-market losses on fixed-income investments as a result of higher interest rates in 3Q-26. Higher fee income contributed positively, while expenses increased mainly due to higher asset management-related charges. ) ) ees an t er n o e et n est ent n o e n est ent e ate Ga n oss) E penses an a es ro t ro are o ers un et o ) ) ees an t er n o e et n est ent n o e n est ent e ate Ga n oss) E penses an a es ro t ro are o ers un et o
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10 Reference Notes 1. TWNS = (Single Premium x 10%) + New Regular Premium. 2. NBEV is a measure of the long-term profitability of new sales. 3. TWNS, NBEV and Net Profit in foreign currencies are translated using the respective monthly spot rate.
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