Third Quarter 2024 Company Fact Sheet

Key Financials1

$9.98

Year-to-dateafter-tax adjusted earnings per share

$1.3B

Q3 PRUDENTIAL FINANCIAL

FACT SHEET

Updated October 2024

Q3 Selected Business Metrics1(YoY reflects 3Q24 vs. 3Q23)

After-tax adjusted operating income

$448M

U.S. Businesses |AOI of $1.108B

2%

Net income

$1.6T

Assets under management

Institutional

Retirement

Strategies

Year-to-date sales

$26.1B

84%

Individual

Retirement

Strategies

Sales

$3.6B

86%

Group

Insurance

Year-to-date sales5

$487M

3%

Individual

Life

Sales5

$210M

13%

$98.71

Adjusted book value per share2

$4.3B

Highly liquid assets3

¹Results as of September 30, 2024. More information on the Company's quarterly results can be found in our non-GAAP reconciliations and in our earnings release materials, which are available on our website at investor.prudential.com. For business segment definitions, please refer to Prudential Financial, Inc.'s Annual Report on Form 10‐K and Quarterly Reports on Form 10-Q.

2Adjusted book value is calculated as total equity (GAAP book value) excluding accumulated other comprehensive income (loss), the cumulative change in fair value of funds withheld embedded derivatives, and the cumulative effect of foreign currency exchange rate remeasurements and currency translation adjustments corresponding to realized investment gains and losses.

3Represents the highly liquid asset balance at the parent company as of September 30, 2024. Highly liquid assets predominantly include cash, short-term investments, U.S. Treasury securities, obligations of other U.S. government authorities and agencies, and/or foreign government bonds.

4PGIM is the Company's global investment management business.

5Based on annualized new business premiums.

6Constant exchange rate basis. Foreign denominated activity translated to U.S. Dollars (USD) at uniform exchange rates for all periods presented, including Japanese Yen (JPY) 129 per USD and Brazilian Real (BRL) 6 per USD. USD denominated activity is included based on the amounts as transacted in USD. Sales represented by annualized new business premiums.

Fast Facts

1875

Founded by John Fairfield Dryden in Newark, New Jersey

149 Years

Building on a heritage of success

50 million

customers in over 50 countries7

PRU

Stock symbol traded on the New York Stock Exchange since 2001

40K+

Employees & sales associates worldwide7

$4T

Gross life insurance in force worldwide7

AA-

Equivalent

Financial strength ratings8

Key Milestones

Becoming a Higher Growth, More Capital Efficient Company

ADDRESSING THE GLOBAL RETIREMENT OPPORTUNITY

• Expanding leadership in Retirement Strategies, launching new products in Japan, and leveraging PGIM's capabilities

GROWING OUR MARKET-LEADING BUSINESSES

U.S. Businesses

• Broadening products and distribution

International

• Benefiting from strong multi-channel distribution

PGIM

• Supporting the growth of our businesses and increasing private alternatives capital deployment

INCREASING CAPITAL FLEXIBILITY

• Announced second Guaranteed Universal Life reinsurance transaction of ~$11 billion, with estimated proceeds of ~$350 million

Maintaining Disciplined Capital Deployment

• Investing in market-leading business to support growth
• Returned over $700 million to shareholders in 3Q249

Supported by Our Rock Solid® Balance Sheet

• Capital supports AA financial strength rating as of September 30, 2024
• Highly liquid assets of $4.3 billion10
• High-quality,well diversified investment portfolio
• Disciplined Asset Liability Management

7As of December 31, 2023.

8Except as otherwise noted, financial strength ratings are for The Prudential Insurance Company of America and affiliated issuing companies, all subsidiaries of Prudential Financial. Ratings as of October 30, 2024 from A.M. Best Company (A+), Fitch Ratings (AA-), Standard & Poor's (AA-), and Moody's (Aa3). Moody's does not rate Pruco Life Insurance Company of New Jersey. Ratings are not a guarantee of future financial strength and/or claims-paying ability. A.M. Best financial strength ratings for insurance companies range from "A++ (superior)" to "D (poor)." A rating of A+ is the second highest of thirteen rating categories. Standard & Poor's financial strength ratings for insurance companies range from "AAA (extremely strong)" to "D (default)." A rating of AA- is the fourth highest of twenty-two rating categories. Moody's insurance financial strength ratings range from "Aaa (highest quality)" to "C (lowest)." A rating of Aa3 is the fourth highest of twenty-one rating categories. Fitch financial strength ratings range from "AAA (exceptionally strong)" to "C (distressed)." A rating of AA- is the fourth highest of twenty-one rating categories. Please visit investor.prudential.com/ratings for the most current ratings information.

9Capital returned to shareholders in the third quarter of $721 million includes share repurchases of $250 million and dividends of $471 million.

10Parent company highly liquid assets predominantly include cash, short-term investments, U.S. Treasury securities, obligations of other U.S. government authorities and agencies, and/or foreign government bonds.

For more information, please visit

Prudential.com.

®

Continued Commitment to Long-Term Sustainability

The following actions underscore our commitment to fulfilling our company's purpose of solving the financial challenges of our changing world.

donated by The Prudential Foundation to help close the financial divide by creating solutions to foster economic mobility11

88% of non-employee Directors are diverse12

$39.1B of sustainable investments13 held by our General Account that promote sustainability and achieve market returns

69% emissions reduced since our 2017 baseline year for the facilities in our emissions reduction target14

Awards and Rankings

Fortune® World's Most Admired CompaniesTM 2024 "Insurance: Life and Health" category15

Ethisphere World's Most Ethical Companies® 202416

Fortune 500® list of America's largest corporations17

Largest life insurer in the United States (life and health combined) based on total admitted assets18

2nd-largestseller of individual life insurance in the United States based on new annualized premiums19