2020 INTEGRATED REPORT

THE PPS GROUP FIVE YEAR REVIEW Profit-Share allocations and benefit payments Through our unique mutual model, all the profits are ultimately attributable to our members. This is achieved by allocating operating profit and investment returns to the members’ PPS Profit-Share Accounts which are available to members on retirement, or to their beneficiaries upon death. GROUP PERFORMANCE AT A GLANCE Annual gross benefits paid to members (R’bn) 0 1 2 3 4 5 2020 2019 2018 2017 2016 2.4 2.9 3.2 3.7 4.8 Annual gross benefits paid to members & Profit-Share allocations (R’bn) 0 1 2 3 4 5 6 7 8 2020 2019 2018 2017 2016 5.2 6.6 3.8 8.0 7.0 R7.0 billion R4.8 billion R2.2 billion R0.5 billion Total annual Profit-Share allocations (R’bn) 0 1 2 3 4 5 2020 2019 2018 2017 2016 2.8 3.7 0.6 4.2 2.2 Annual operating profit allocations (R’bn) 0,0 0,3 0,6 0,9 1,2 1,5 2020 2019 2018 2017 2016 1.2 1.1 1.1 1.1 0.5 CEO’S MESSAGE TO MEMBERS | 49