PPS 2023 INTEGRATED REPORT

10. 10.2 2022 R'm Estimates of present value of future cash flows PPS ProfitShare accounts Risk adjustment for nonfinancial risk Estimates of present value of future cash flows Risk adjustment for nonfinancial risk Contracts under fair value transition approach Other contracts Total Movements related to the PPS Profit-Share Account Cessation benefits: PSA 1 616 (1 616) – – – – – – Year end allocations – 619 – – – – – 619 1 616 (997) – – – – – 619 Transfers (146) (17) (163) Changes that adjust the CSM through the statement of financial position – – – 11 (40) (135) 164 – Changes that adjust the RA through the statement of financial position – – – (85) 85 – – – Other movements 34 – – 163 – – – 197 Cash flows Premiums received 5 403 – – 283 5 686 Claims and other directly attributable expenses (3 210) – – (681) (3 891) Cessation benefits: PSA (2 014) – – – (2 014) Insurance acquisition cash flows (707) – – (14) (721) Total cash flows (528) – – (412) – – – (940) Insurance contract liabilities at 31 December (155) 32 294 6 142 (2 808) 733 3 272 346 39 823 PPS Profit-Share accounts and Long-term insurance contract liabilities Reconciliation of measurement components of insurance contract liabilities (continued) Life Risk: Participating Life Risk: Non-Participating CSM NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (continued) for the year ended 31 December 2023 161 Notes to the Consolidated Financial Statements

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