Power Corporation has repositioned its business and delivered shareholder value

Key investing principles

Long-term perspective
Leading franchises with attractive growth profiles
Strong governance oversight
Strong financial position and prudent approach to risk

VALUE CREATION THROUGH THREE KEY LEVERS

1

OpCo organic

Realize higher organic growth at our operating companies
2

OpCo M&A

Add to that growth through mergers and acquisitions
3

Power Corporation level

Create additional returns through various opportunities at the Power Corporation level

Over the last 5 years

Net earnings per share[1][2]
Adjusted net asset value per share[3][4]
Book value per share[5]

annual dividends paid per share

50%
growth in
dividends per share[6]

TOTAL SHAREHOLDEr RETURNS[7] (Annualized)

in the last 5 years

An investment of
$100
on December 31, 2019
grew to
$209
on March 31, 2025
of which
$56
represents the reinvestment of dividends received
See footnotes, including notes on non-ifrs financial measures
  1. Attributable to participating shareholders.
  2. 2019 net earnings are under IFRS 4, Insurance Contracts / IAS 39, Financial Instruments: Recognition and Measurement.
  3. Adjusted net asset value per share is a non-IFRS ratio. Refer to the section “Non-IFRS Financial Measures” in the Review of Financial Performance of the Corporation’s 2024 Annual Report.
  4. Investments held by Power Financial have been reflected on a look-through basis at December 31, 2019.
  5. For an explanation of the composition of book value per participating share, refer to the section “Other Measures” in the Review of Financial Performance of the Corporation’s 2024 Annual Report.
  6. Assuming Power’s Board of Directors declares the same level of dividend as declared on March 19, 2025 for the remainder of the year.
  7. As at March 31, 2025. The 3- and 5-year total shareholder returns are calculated since December 31, 2021 and 2019, respectively. Assumes dividends are reinvested in the shares when received.