Investor Day 2023 Presentation

RGA: A Global Leader

Reinsurance Group of America, Incorporated (NYSE: RGA) is a FORTUNE 500 company with approximately $3.4 trillion of life reinsurance in force and assets of $89.1 billion as of March 31, 2023. Founded in 1973, RGA celebrates its 50th anniversary in 2023. Over the past five decades, RGA has become one of the world's largest and most respected reinsurers and is listed among Fortune's World's Most Admired Companies.

RGA specializes in life and health reinsurance and financial solutions that help clients effectively manage risk and optimize capital. RGA is widely recognized for superior risk management and underwriting expertise, innovative product design, and dedicated client focus.

The global organization is guided by a fundamental purpose: to make financial protection accessible to all.

RGA's teams of dedicated professionals draw upon deep experience, proven capabilities, and a diversified global enterprise to develop tailored client solutions, providing:

• Superior understanding of mortality and morbidity risks, built on RGA's extensive database
• World-classfacultative underwriting, specializing in large cases and substandard risks
• Shared medical underwriting knowledge, developed from leading-edge research
• Digital solutions that streamline processes and improve consumer engagement
• Advanced data analytics capabilities to derive actionable insights from new sources of information
• Innovative product development to support business growth
• Expert claims handling to reduce costs
• Competitive pricing to transfer mortality, morbidity, and longevity risk and reduce capital requirements
• Financial solutions to help insurers improve capital efficiency, meet regulatory requirements, and achieve business goals

Ratings

All ratings on stable outlook.

RGA Senior Debt Ratings

Awards and Recognitions

Fortune 500

RGA ranks #257 on the 2023 Fortune

500 list, which ranks U.S.-based companies by total revenues.

World's Most Admired

Companies

RGA was named to the 2023 Fortune World's Most Admired Companies list based on criteria including the company's value as a long-term investment, quality of management, innovativeness, community responsibility, and the ability to attract and retain talent, among other criteria.

Life Reinsurer of the Year

RGA Middle East was honored as "Life

Reinsurer of the Year" by Middle East

Insurance Review at the 9th Middle

East Insurance Industry Awards 2022.

#1 in Global Business Capability

In 2022, RGA was ranked #1 for the 12th consecutive year on NMG Consulting's Global All Respondents Business Capability Index (BCI), based on feedback from life and health insurance companies worldwide.

Bloomberg Gender

Equality Index

RGA was recognized on the 2023 Bloomberg Gender Equality Index for a commitment to diversity and inclusion.

Life Reinsurer of the Year

RGA was recognized by Asia Insurance Review as "Life Reinsurer of the Year" at the 2021 Asia Insurance Industry Awards.

Anna Manning FSA, FCIA

Chief Executive Officer

Reinsurance Group of America, Incorporated

Anna Manning is Chief Executive Officer and a Director of Reinsurance Group of America, Incorporated (RGA). She has been CEO since January 1, 2017.

Anna has more than four decades of insurance industry leadership experience. Before joining RGA, she spent nearly two decades with the Toronto office of Towers Perrin's Tillinghast insurance consulting practice, where she provided consulting services to the insurance industry in mergers and acquisitions, value-added performance measurement, product development, and financial reporting.

She first joined RGA in 2007. From 2008 until 2011, she served as Executive Vice President and Chief Operating Officer for RGA's International Division. In 2011 she was named Executive Vice President and Head of U.S. Markets and later assumed responsibility for RGA's Mexican and Latin American markets as well. In 2014 Anna was named Senior Executive Vice President, Global Structured Solutions, with responsibilities for leading RGA's transactional businesses. She was named President of the company in 2015.

Anna is Chair of the Longer Life Foundation, a not-for-profit collaboration between RGA and Washington University School of Medicine in St. Louis that supports and funds groundbreaking research on longevity and wellness. She is also on the Board of Directors of the Geneva Association, a leading international think tank of the insurance industry. Anna is a member of the BJC HealthCare Board, one of the largest nonprofit health care organizations in the United States, and a member of Greater St. Louis, Inc., an organization that brings together business and civic leaders to create jobs, expand inclusive economic growth, and improve St. Louis' global competitiveness.

Anna is a Fellow of the Society of Actuaries (FSA) and of the Canadian Institute of Actuaries (FCIA). She received a Bachelor of Science (B.Sc.) degree in Actuarial Science from the University of Toronto.

Tony Cheng FIAA

President

Reinsurance Group of America, Incorporated

Tony Cheng is President and a Director of RGA. Prior to being named President in January 2023, Tony was Executive Vice President, Head of EMEA, Asia, and Australia, providing executive oversight for the company's operations in those regions. He is a member of

RGA's Executive Committee.

Tony joined RGA in 1997 as Chief Actuary of Malaysian Life Reinsurance Group Berhad, RGA's joint venture with the Life Insurance Association of Malaysia. In 2004, Tony was named Chief Executive Officer of RGA's Hong Kong office, responsible for all business activity in Hong Kong and Southeast Asia, and in 2011, he was named Senior Vice President, Asia, an expanded role incorporating overall management of RGA Asia.

Tony received a Bachelor of Economics (B.Ec.) degree from Macquarie University in Sydney, Australia and an M.B.A. from Washington University in St. Louis' Olin Business School. He is a Fellow of the Institute of Actuaries of Australia (FIAA). An active participant and past President of the Actuarial Society of Hong Kong, he has also served as a council member for the Society and as a past Chair of its Experience and Life Committees.