Mr. Shubha Khan reports

GREAT WEST ANNOUNCES PRICING OF EUROS500 MILLION SENIOR FIXED RATE EURO BONDS

Great-West Lifeco Inc. has set the pricing of 500 million euros of senior fixed rate euro bonds. This is the company's fourth debt issuance in the euro market.

The 500 million euros of seven-year bonds are denominated in euros and will pay an annual coupon of 3.625 per cent, priced at 99.575 per cent of par to yield 3.695 per cent. The bonds are expected to be rated A plus by S&P Global Ratings (acting through S&P Global Ratings Canada, a business unit of S&P Global Canada Corp.) and A by Fitch Ratings Inc. An application will be made for the bonds to be listed on the Global Exchange Market of the Irish Stock Exchange PLC, trading as Euronext Dublin. The transaction is expected to close on or about July 7, 2026. Net proceeds of the transaction will be used for general corporate purposes, which may include repayment of the company's outstanding 500 million euros of 1.750 per cent euro bonds maturing in December, 2026.

The offering was made through Barclays Bank PLC, Credit Agricole Corporate and Investment Bank, J.P. Morgan Securities PLC, and Merrill Lynch International as active joint bookrunners on behalf of a syndicate of managers.

About Great-West Lifeco Inc.

Great-West is a financial services holding company focused on building stronger, more financially secure futures. The company operates in the United States, Canada and Europe under the brands Empower, Canada Life and Irish Life. The company provides wealth, retirement, group benefits and insurance, and risk solutions to its approximately 40 million customer relationships. As of March 31, 2026, Great-West's total client assets were $3.3-trillion. Great-West trades on the Toronto Stock Exchange under the ticker symbol GWO and is a member of the Power Corp. group of companies.

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