Momentum Retail Focus areas • Value of new business • Quality of business • Business mix • Grow recurring premiums • Increase distribution • New distribution initiatives • Grow agency force • Financial Wellness • Emphasis on innovation • Increase penetration in the middle-income market

MMI Holdings | Semi-Annual December 2013 Interim Report - Page 15 MMI Holdings | Semi-Annual December 2013 Interim Report Page 14 Page 16