Metropolitan International Focus areas • Acquisition of Cannon Assurance (Kenya) • Acquisitions complementary to growth initiatives • Namibian integration • Top line growth in all lines of business • Implement mass-market initiatives • Product innovation and diversification • Support centre efficiencies

MMI Holdings | Semi-Annual December 2013 Interim Report - Page 21 MMI Holdings | Semi-Annual December 2013 Interim Report Page 20 Page 22