Financial results MMI Retail insurance Mortality and Morbidity experience 400 350 300 250 200 150 100 50 0 FY2011 FY2012 FY2013 FY2014 FY2015 1H2016 Significant reduction in underwriting profits

Financial results MMI Retail insurance Mortality and Morbidity experience 400 350 300 250 200 150 100 50 0 FY2011 FY2012 FY2013 FY2014 FY2015 1H2016 Significant reduction in underwriting profits