Prudential Financial (PRU) Investor presentation summary

Strategic positioning and growth

• Over 145 years of service, with $1.5 trillion in assets under management and 50 million customers in more than 50 countries.

• Focused on becoming a higher growth, more capital-efficient, and nimble company.

• Integrated business model with mutually reinforcing insurance, retirement, and investment management operations.

• Diversified earnings: 50% from U.S. businesses, 40% from international, and 10% from investment management.

• Strategic priorities include investing in growth markets, omni-channel distribution, and next-generation financial solutions.

Financial strength and capital management

• Maintains AA financial strength rating, supported by $4.4 billion in highly liquid assets and disciplined asset-liability management.

• Adjusted book value per share at $98.42 as of June 30, 2024.

• Returned $725 million to shareholders in 2Q24 through dividends and share repurchases.

• 5% adjusted dividend yield and 7% five-year annual dividend per share CAGR.

• Asset leverage and regulatory capital ratios remain in line with or above peer averages and internal objectives.

Business segment highlights

• U.S. businesses emphasize retirement, group insurance, and individual life, with growth in sales and expanded distribution.

• International businesses maintain market leadership in Japan and expand in high-growth emerging markets.

• PGIM, the investment management arm, manages $1.06 trillion in credit assets and is a top global player in alternatives, real estate, and fixed income.

• Strong multi-channel distribution and digital enablement enhance customer and advisor experiences.