Prudential Financial (PRU) Investor presentation summary

Strategic vision and business model

• Focus on expanding access to investing, insurance, and retirement security globally, serving 50 million customers in over 50 countries.

• Integrated set of businesses at scale, with U.S. (49%), International (40%), and PGIM (11%) contributing to $6.1B in pre-tax adjusted operating income.

• Differentiated business design leverages global investment management, insurance, and open-architecture solutions for cross-business synergies.

• Strategic priorities include investing in growth markets, omni-channel distribution, and delivering advanced customer experiences.

• Emphasis on sustainable, profitable growth through evolving strategy, improved execution, and high-performance culture.

Financial strength and capital management

• Maintains highly liquid assets of $3.9B and strong solvency ratios, supporting AA financial strength.

• Robust capital and liquidity management framework, with capitalized resources to remain competitive under stress scenarios.

• Diversified, high-quality investment portfolio of $387B, with significant allocations to government securities and private credit.

• Adjusted asset leverage in line with peers, reflecting prudent risk management.

• Balanced capital allocation: maintaining financial strength, organic growth, sustainable dividends, acquisitions, and share repurchases.

Dividend and shareholder returns

• Achieved a 5% five-year annual dividend per share CAGR, with 17 consecutive annual increases.

• 2024 dividend payout ratio at 41%, supported by strong earnings and cash flow.

• Shareholder distributions through dividends and repurchases have remained robust, with over $4B distributed in recent years.