Slide 1: Results Presentation 3M 2025
25 April, 2025 RESULTS PRESENTATION 3M 2025
Slide 2: Jose Manuel Inchausti
25 April, 2025 JOSE MANUEL INCHAUSTI 3M 2025
Slide 3: Solid and Growing Results
7 ee SOLID AND GROWING RESULTS @ a 621 6M (027.5) INCREASE IN NET RESULT COMBINED PREMIUMS le = & RATIO IBERIA Premiums grow by 5.4% to almost €8.6BN $ LATAM NORTH AMERICA ji} | MAPFRERE Gey | DIMDEND 4 MAPFRE will pay the final dividend for fiscal 2024 on May 29 Good contributions across the board,
Slide 4: Main Figures MAPFRE
MAIN FIGURES MAPFRE REVENUE 9,888 \ +5.3% NET EARNINGS PREMIUMS 8,584 +5.4% NON-LIFE COMBINED RATIO 94.1% er
Slide 5: Jose Luis Jimenez
25 April, 2025 JOSE LUIS JIMENEZ 3M 2025
Slide 6: Premiums
PREMIUMS © MAPFRE PREMIUMS TOTAL 6,794 +9.8% Million euros / *At constant exchange rates €8,584M +5.4% 2,374 PREMIUMS MAIN LINES OF 1,733 1 696 BUSINESSES 1,241 tT T i: GENERAL REINSURANCE MOTOR ACCIDENT LIFE LIFE GLOBAL P&C & HEALTH SAVINGS PROTECTION RISKS +3.8% +7.2% +3.5% +5.5% +1.7% -7.6% +20.7
Slide 7: Premiums and Earnings by Business Unit
PREMIUMS AND EARNINGS BY BUSINESS UNIT © MAPFRE i) = =} = Lu oc o EARNINGS GLOBAL RISKS ASSISTANCE MAWDY 3,451 2,543 -1% €7,141M +2% 1.163 1.380 1,733 a 661 486 645 419° i IBERIA BRAZIL OTHER LATAM nll. ry i. ASSISTANCE REINSURANCE +3% -12% +10% +5% +17% +21% 8% +7% 121 ) aa €269M +55% 62 56 | i . -
Slide 8: Combined Ratios 2024 2025
COMBINED RATIOS 2024 2025 Non-Life ratio 95.8% 99.1% -1.7 p.p. General P&C 83.5% 84.2% +0.7p.p. Motor 105.3% 99.3% -6.0 p.p. IBERIA Accident and Health 102.8% 94.4% -8.4 p.p. Life Protection ratio 82.9% 83.9% +1.0 pp. TOTAL LATAM BRAZIL TOTAL GROUP March 2024 March 2025 ee IBERIA 99.7% 95.6% BRAZIL
Slide 9: Earnings
EARNINGS €276M (+27.6%) ~ 2025 GROUP EARNINGS MOTOR LINE DIVERSIFIED AND ARE GROWING PROFITABILITY RESILIENT BUSINESS MODEL IBERIA 12.8%" 94.1% LATAM t NORTH AMERICA ROE COMBINED RATIO MAPFRE RE POSITIVE OUTLOOK DESPITE UNCERTAINTIES
Slide 10: Results Presentation
25 April, 2025 RESULTS PRESENTATION Lh