1. Corporate presentation - Corporate Internal Communications - 21/05/2014 - 1 Apparent trends Term sales increasing Term premiums declining Whole Life sales increasing Critical illness sales increasing Guaranteed Universal Life popular Majority of Universal Life policies are not over funded

2. From - 21/05/2014 AXA Life Products

3. Corporate presentation - Corporate Internal Communications - 21/05/2014 - 3 AXA Life Products Term 100 chassis Term 10, 20 and 70 Guaranteed Pay products 10 and 20 Universal Life Bastion YRT based Pacte II Level, YRT and YRT for 10 then level Mortgage Insurance with Disability Critical illness Individual Disability

4. Corporate presentation - Corporate Internal Communications - 21/05/2014 - 4 Todays focus Term 100 Term 10, 20 and 70 Guaranteed Pay products 10 and 20

5. Corporate presentation - Corporate Internal Communications - 21/05/2014 - 5 Term 100 ROP at Death ROP at Surrender Guaranteed premiums Guaranteed death benefit Monthly income in the event of disability Extreme Disability benefit Annuity at age 90

6. Corporate presentation - Corporate Internal Communications - 21/05/2014 - 6 Example

7. Corporate presentation - Corporate Internal Communications - 21/05/2014 - 7 T100 Compensation Term Life with ROP 45% FYC & 120% bonus rate $2750 FY $202 yrs. 2-10 Total FY comp $2750 $1213 increase in comp Term 100 + invest the difference 1325 Term 100 premium 50% FYC and 120% bonus $1479 FY $66 yrs. 2-10 1175 in an investment 5% $58.75 FY Total FY comp $1537.75

8. From - 21/05/2014

9. Corporate presentation - Corporate Internal Communications - 21/05/2014 - 9 Contents 1 : Term 10 Indexed summary 2 : Preferred underwriting factors 3 : Competitive analysis

10. Corporate presentation - Corporate Internal Communications - 21/05/2014 - 10 Term 10 Indexed Our Term 10 is renewable to age75 and convertible to age 70 Preferred rates (4 non-smoker and 2 smoker categories.) Our new Automatic Indexation Benefit enables your clients to increase their insurance at each of the first five anniversary dates, by 30%, 25%, 20%, 15% or 10% of the initial insurance amount. This option is available at original issue age. If you exercise all of the increases, your clients coverage doubles by year 5.

11. Corporate presentation - Corporate Internal Communications - 21/05/2014 - 11 Term 10 Indexed We also include at no extra cost our Extreme Disability Benefit (EDB) Until the age of 60, 50% of the death benefit is payable in advance, in case of extreme disability, while the insured is alive. Extreme Disability means that the insured is in a state of total irrecoverable disability, is unable to work and this condition has been declared permanent by a physician. The insured must also require assistance from a third party to perform 5 of the following 7 acts of daily living 1) Getting up; 2) moving around; 3) washing; 4) dressing; 5) eating; 6) bladder control; 7) bowel movement control.

12. Corporate presentation - Corporate Internal Communications - 21/05/2014 - 12 Preferred underwriting Factors to consider Tobacco use Height and weight Blood pressure Cholesterol Level Insureds medical history Family history Alcohol use Drug use Driving record Criminal record

13. Corporate presentation - Corporate Internal Communications - 21/05/2014 - 13 Comparing Preferred Underwriting Tobacco Use-Class 1

14. Corporate presentation - Corporate Internal Communications - 21/05/2014 - 14 Comparing Preferred Underwriting Weight for Male (Height – 58)

15. Corporate presentation - Corporate Internal Communications - 21/05/2014 - 15 Comparing Preferred Underwriting Blood pressure for Male – Age 55

16. Corporate presentation - Corporate Internal Communications - 21/05/2014 - 16 Comparing Preferred Underwriting Blood pressure for Male – Age 55

17. Corporate presentation - Corporate Internal Communications - 21/05/2014 - 17 Comparing Preferred Underwriting Cholesterol Levels for Male – Age 45

18. Corporate presentation - Corporate Internal Communications - 21/05/2014 - 18 Comparing Preferred Underwriting Family History of cancer

19. Corporate presentation - Corporate Internal Communications - 21/05/2014 - 19 Premium Comparaison

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