Financial Results (equity story sept 2024)

OUR STORY

In the 1970s, we became an insurance group and spread our wings, expanding overseas for the first time to Latin America. We established roots there, and

today, we're the largest

multinational insurance company

in the region.

Throughout the 1990s and 2000s, we

boosted our presence in Latin America,

entered the Asian market and joined the

IBEX35.

2006

In 2006, we became a public limited company and gained financial independence, with Fundación MAPFRE becoming our main shareholder.

1933

Our story began in 1933. We started out

as Mutualidad de Seguros de la

Agrupación de Fincas Rústicas de

España (Insurance Mutual of the Association of Owners of Rural Properties in Spain), to insure farm workers. From the 1950s onward, we branched out to other offer Life, Accident and Transportation coverage.

During the 1980s, we expanded our

business by creating new units and

services, like MAPFRE RE.

1975

In 1975 we launched Fundación MAPFRE, anon-profitorganization in which we wanted to make our commitment to helping improve people's quality of life wherever we were present.

We've come a long way, and this journey has given us the experience and energy to keep moving forward. At MAPFRE, we're ready for whatever the future holds. We're a trusted

insurance company that's building a

sustainable future for everyone.

USA

Top 10 in

Europe

Top 25 in

Autos

by premium

volume

(*) Source: S&P Global Ratings

5

Line of business

Non-Life

≈80%

MAIN LINES OF BUSINESS

Life

≈ 20%

Business unit

ASISTENCIA MAWDY

1%

MAPFRE RE 25%

IBERIA 31%

Data at December 2023

7

PROVEN COMMITMENT TO SHAREHOLDERS

Competitive dividend policy, with an increase in the final 2023 dividend from €0.085 to €0.09

15 Cents per share

462M€

≈7.7 %*

*Total dividend against 2023 fiscal year includes the interim dividend of €0.06 paid in November 2023 and a final dividend of €0.09 paid in May 2024 ** Based on 2023 dividends paid and average share price

DIVIDENDS PAID

2023 447

2022 447

2021 416

2020 416

2019 447

M€

M€

M€

M€

M€

Local accounting

8

Local accounting

9

Financial

strength

Service excellence and

customer proximity

Trust-basedpersonal

relationships and concern

for all stakeholders

Ethical and social

commitment to the

environment and people

We will focus on

Correcting imbalances

New stage with renewed optimism

New strategic targets and public

commitments

Improve efficiency and

competitiveness

Broaden product

offering

Develop commercial lines and operational and sales models

Underpin success of reinsurance business