Britam Holdings Plc · NSEKE:BRIT
Britam — FY2024 Earnings Presentation
25 slides from Britam's earnings presentation, Mar 28, 2025
Slide 1: Britam FY 2024 Results Presentation
Britam FY 2024 Results Presentation
Slide 2: Agenda
CONTENTS Agenda 01 Presentation of Britam's vision and strategy, who we are and our Board 02 ESG Highlights 03 Macro-economic environment overview 04 Strategy Highlights 05 Financial Performance 2024 #BritamFY2024 Safeguarding Dreams and Aspirations
Slide 3: Opening Remarks
Opening Remarks Tom Gitogo Group MD and CEO #BritamFY2024
Slide 4: About: Purpose, Vision, Mission, Values
Britam About With you every step of the way Our Purpose Safeguarding Dreams and Aspirations 01 Our Vision To be the leading diversified financial services company in our chosen markets accross Africa 02 Our Mission Providing you with financial security every step of the way 03 Our Values Accountabil
Slide 5: Celebrating years of believing in Africa
Britam Celebrating 60 years of believing in Africa Thank you for entrusting your dreams to us.
Slide 6: Our Footprint
Britam Our Footprint With you every step of the way (Cc Kenya 5 Uganda j— Established 1965 € Established 2010 Rwanda — South Sudan Established 2012 — Established 2012 Tanzania Malawi Acquired 2014 Acquired 2014 — Mozambique + Acquired 2014 i 7 markets | 25% 138% Presence across Africa Life business
Slide 7: Our Solutions
Britam | Our Solutions Insure Invest Health Pensions
Slide 8: Our Board of Directors
Britam our Board of Directors With you every step of the way S39 oO Od Mr. Kuria Muchiru Mr. George Odo Dr. Peter K. Munga, EG H Jimnah M. Mbaru Mr. Edouard Schmid Mr. Lotfi Baccouche Independent Non-Executive Director Non-Executive Director Non-Executive Director Non-Executive Director Non-Executiv
Slide 9: Executive Management Team
Britam Executive Management Team With you every step of the way Mr. Tom Gitogo Mr. Charles Njuguna ~~ Mr. Jackson Theuri Mr. Ambrose Dabani Mr. Barack Obatsa Mr. James Mbithi Ms. Diane Korir Group Managing Director Director Finance & Regional CEO CEO & Principal Officer CEO & Principal Officer CEO &
Slide 10: Empowering a Sustainable Future, Together
Empowering a Sustainable Future, Together
Slide 11: Our material topics and UN SDGs
Our material topics and 9 UN SDGs re Safeguarding our Environment Healthier Lives & Positive impact to our people Innovation, Collaboration & Technology Responsible Business Environmental: Safeguarding our Environment 13 17 cama nnn Hone cons & @ Social: * Healthier Lives and Well-being Positive Imp
Slide 12: ESG Milestones & Industry Recognition: Advancing Sustainability & Inclusion
ESG Milestones & Industry Recognition: Advancing Sustainability & Inclusion Driving Sustainable Value through Innovation, Inclusivity & Integrated Practices The Britam Solar Carport project, operational since September 2024, has successfully reduced carbon emissions by 70 tons of CO2 equivalent, to
Slide 13: Britam Foundation: With you every step of the way
Britam With you every step of the way Britam Foundation is deeply committed to enriching lives across the continent. Born from Britam Group, a leader in financial services across seven African countries, the Britam Foundation carries forward a legacy of positive impact. — Our Purpose Our Vision Our
Slide 14: Summary operating macroeconomic environment — 2024
Britam Summary operating macroeconomic environment —2024 October Dec 2024 Outlook | 2024vsUSD 2024vs Outlook | Sept 2024 Dec 2024 Debt to 2024 kShs Ree GOP - . . Geopolitics remains a fe ad ee C0 watch with Pres Trump \W SSA 3.4% = 3.7% 13.7 13.7 : = : : B(28) 60.1% += -14.4% E , Macros have improve
Slide 15: Summary operating macroeconomic environment
Britam Summary operating macroeconomic environment Size Debt to Dec 2024 2024 vs USD Sy (Bn) 2024e 2025p Credit Rating a (rob 2028) gras USP 2024 vs KES Outlook 3.2% World 104,791 18,381 3.2% 94% 67 5.9 Ease - - ¥ SSA 1,938 1,701 3.8% 4.2% B (28) 60.1% 16.6 13.7 - - Dec24 3.0 +17.4% Pit Kenya 109 2,
Slide 16: Strategy Highlights
#BritamFY2024 Safeguarding Dreams and Aspirations
Slide 17: The 2021 - 2025 strategy
Britam | The 2021 - 2025 strategy Client Experience (CX) Vision: We will serve with empathy & care and provide an EPIC’ experience tha = ay Cultivate trust to crpenen ea)
Slide 18: Key Strategic Initiatives Driving Success in 2024
Britam Key Strategic Initiatives Driving Success in 2024 In 2024, Britam implemented a series of strategic initiatives that significantly contributed to the Group’s financial performance and overall success. These initiatives focused on strengthening our distribution channels, enhancing organization
Slide 19: International Business Product Innovations 2024
Britam International Business Product Innovations 2024 Coun Product Innovati Peles “Launched a medical insurance product for retail and SMEs. EEN i “Plans to introduce flood insurance are underway. “Partnered with PULA and Riskshield to introduce agricultural insurance. * Successfully launched life
Slide 20: Financial Report Presentation
Financial Report Presentation Charles Njuguna Director, Finance and Strategy #BritamFY2024
Slide 21: Financial Performance 2024
#BritamFY2024 Safeguarding Dreams and Aspirations
Slide 22: Value Creation and Sustainable Growth
PBT Growth: Driven by Topline, Investment Income & Efficient Cost Management. Value Creation 52% 20% 56% 163% Profit before Return on New business Investment tax Shs Equity CSM Shs Income 7.3Bn 3.29Bn Shs 30.6 Bn Sustainable Growth 12% 35% 24% 32% Gross Written Insurance CSM Growth Operating Premium
Slide 23: Top-line, Investment Income: On a Positive Trajectory
Britam With you every step of the way Insurance Revenue — Shs bn Gross written premium — Shs bn Top-line, Investment Income: On a Positive Trajectory Interest and Dividend Income — Shs bn 13.0 2022 2023 2024 2022 2023 2024 2022 2022 2023 2024 Group Total Assets —Shs bn 2023 2022 2023 2024 2024
Slide 24: Strong Balance Sheet mix yielding assets
Britam Nicaea ony Strong Balance Sheet mix yielding assets. Britam Group balance sheet yielding assets up 20% YTD to Shs 190 Bn from Shs 158Bn and reflect Asset Liability Management (ALM) initiatives. S 190 M8 Money Market 1) Fixed Income I Equities WB Unit Trusts Hl Associate I Property 31-Dec-23 S
Slide 25: Thank You