Intact Financial (IFC) investor relations material

Strategic overview and objectives

• Aims to grow direct premiums written (DPW) to $25B in Canada, $10B in global specialty lines, and £5B in UK & Ireland by 2030, maintaining strong combined ratio outperformance in each market.

• Focuses on customer advocacy, employee engagement, and leadership in building resilient communities, with a target to achieve net zero emissions by 2050 and halve operational emissions by 2030.

• Strategic roadmap includes expanding leadership in Canada, strengthening UK & Ireland operations, building a specialty lines leader, leveraging data and AI, and investing in people and communities.

Financial performance and capital management

• Achieved a 10-year average ROE outperformance of 670 bps and a 10-year NOIPS CAGR of 12%, with 21 consecutive annual dividend increases and a 10% dividend CAGR since 2015.

• Maintains a strong capital position with a $3.8B capital margin, a debt-to-capital ratio of 16.2%, and book value per share up 13% year-over-year to $111.73.

• Over the past decade, $20.5B in capital was deployed, with $12B on M&A, $6B in dividends, and $2B in organic growth, achieving a 20% average IRR on acquisitions.

• Share buybacks contributed to NOIPS growth, with $352M repurchased in FY2026 at $261.83 per share.

Market leadership and operational strengths

• Holds a leading position in Canadian P&C insurance, with 8.1% 10-year DPW CAGR and 5-point combined ratio outperformance versus the industry.

• Specialty lines DPW reached $6.7B in 2025, targeting $10B by 2030, with a sustained sub-90s combined ratio.

• UK & Ireland commercial lines DPW at £2.6B in 2025, aiming for £5B by 2030 and evolving combined ratio toward 90%.

• Over 32,000 employees globally, recognized as a best employer, with 39% of VP+ roles held by women.