Corporate As at and for the year ended December 31, 2021 Asia Canada U.S. Global WAM and Other Total Revenue Life and health insurance $ 20,428 $ 9,217 $ 6,338 $ – $ 147 $ 36,130 Annuities and pensions 2,558 344 33 – – 2,935 Net premium income 22,986 9,561 6,371 – 147 39,065 Net investment income (loss) 4,889 1,469 5,061 28 177 11,624 Other revenue 1,696 1,336 1,824 6,513 (237) 11,132 Total revenue 29,571 12,366 13,256 6,541 87 61,821 Contract benefits and expenses Life and health insurance 18,240 10,276 9,307 – 159 37,982 Annuities and pensions 2,638 (3,371) (1,528) 101 – (2,160) Net benefits and claims 20,878 6,905 7,779 101 159 35,822 Interest expense 232 269 47 1 462 1,011 Other expenses 5,273 3,401 2,947 4,798 444 16,863 Total contract benefits and expenses 26,383 10,575 10,773 4,900 1,065 53,696 Income (loss) before income taxes 3,188 1,791 2,483 1,641 (978) 8,125 Income tax recovery (expense) (445) (336) (385) (233) 186 (1,213) Net income (loss) 2,743 1,455 2,098 1,408 (792) 6,912 Less net income (loss) attributed to: Non-controlling interests 253 – – 2 – 255 Participating policyholders (567) 101 18 – – (448) Net income (loss) attributed to shareholders $ 3,057 $ 1,354 $ 2,080 $ 1,406 $ (792) $ 7,105 Total assets $ 162,970 $ 169,736 $ 290,838 $ 259,363 $ 34,736 $ 917,643 Geographicallocation The results of the Company’s reporting segments differ from its geographical location primarily due to the allocation of Global WAM and Corporate and Other segments into the geographical location to which its businesses relate. The following table presents results by geographical location. For the year ended December 31, 2022 Asia Canada U.S. Other Total Revenue Life and health insurance $ 18,786 $ 9,615 $ 6,580 $ 502 $ 35,483 Annuities and pensions 2,786 447 (863) – 2,370 Net premium income 21,572 10,062 5,717 502 37,853 Net investment income (loss) (8,468) (8,435) (13,288) 321 (29,870) Other revenue 2,702 3,246 3,217 (1) 9,164 Total revenue $ 15,806 $ 4,873 $ (4,354) $ 822 $ 17,147 For the year ended December 31, 2021 Asia Canada U.S. Other Total Revenue Life and health insurance $ 20,515 $ 8,905 $ 6,340 $ 370 $ 36,130 Annuities and pensions 2,558 344 33 – 2,935 Net premium income 23,073 9,249 6,373 370 39,065 Net investment income (loss) 5,313 1,255 4,830 226 11,624 Other revenue 2,818 3,363 4,952 (1) 11,132 Total revenue $ 31,204 $ 13,867 $ 16,155 $ 595 $ 61,821 Note 21 Related Parties The Company enters into transactions with related parties in the normal course of business and at the terms that would exist in arm’s-length transactions. (a) Transactionswithcertainrelatedparties Transactions with MFLP, a wholly owned unconsolidated partnership, are described in notes 11, 18 and 19. 212 | 2022AnnualReport | NotestoConsolidatedFinancialStatements