Björn WahlroosChairman of the Board

Sampo plcAnnual General Meeting 2019

GDP development – Finland losing its good momentum

Source: Thomson Reuters Datastream

08 09 10 11 12 13 14 15 16 17 18 1990

100

110

120

130

SwedenUSA

Euro Area

Finland

0

1

2

3

2016 2017 2018E 2019E 2020E

Finland

Norway

SwedenDenmark

Nordea GDP growth estimates for Nordic countries

%

Rising interest rates - false alarm

Finland

Euro areaSweden

USA

Norway

Source: Thomson Reuters Datastream

09 10 11 12 13 14 15 16 17 18-1

0

1

2

3

4

5

Source: Thomson Reuters Datastream

2014 2015 2016 2017 2018 201980

100

120

140

160

180

Stock markets – bull market going strong or “dead cat bounce”?

Nikkei 225S&P 500

FTSE 100

OMX Helsinki

Creating Sampo Group – the starting point in 2001

Small MARKET SHARE Big

BankingRetail

Non-life InsurancePrivate

BankingMajor accounts

Non-life InsuranceSME

Non-life InsuranceMajor account

SII

Private banking

MutualFunds

LifeInsurance

Investmentbanking

AM

Fast

MARKET GROWTH

Slow Picture from 2001

Banking/SME

Sampo Group’s (If P&C’s) Topdanmark holding exceeds 23 per cent and Topdanmark becomes If’s associated company.

Sampo Group (Mandatum Life) acquires Suomi Mutual’swith-profit group pension portfolio. The portfolio transfer takes place on 30 Decenber 2014.

Sampo Insurance Company and Leonia merge into the Sampo-Leonia financial services group. The Group’s business areas are long-term savings (life insurance, asset management and mutual funds), banking, investment banking, and P&C insurance.

Sampo’s P&C insurance operations are merged with If (2002). Following the transaction, Sampo owns 38 per cent of If. If becomes fully owned by Sampo (2004). Following the transaction, Sampo has three core businesses: P&C insurance, banking and long-term savings.

Sampo’s Nordea holding exceeds 20 per cent and Nordea becomes an associated company.

Sampo Group (If P&C) acquires Tryg’s Finnish Business and the acquisition was closed in May 2013. If P&C signs a partnership agreement with Nordea.

Sampo plc’s ownership of Topdanmarkexceeds 33.34 per cent after the acquisition of shares from If P&C and in the market and hence Sampo is obliged to make a mandatory offer for the share-holders of Topdanmark. As a result Sampo plc owns 41.1 per cent of Topdanmark’s shares. Topdanmark nowbecomes Sampo’s associated company.

Sampo Group divests SampoBank Group to Danske Bank A/S. Following the transaction, Sampo’s business areas are: P&C insurance and life insurance.

20052003200220012000 2008 2011 2012 2013 2014 2016 20172004 20072006 20102009 2015

Mandatum Bank joins the Group, and the Group’s name is shortened to Sampo.

Sampo consolidates Topdanmark as a subsidiary as of 30 September 2017.

2018

Sampo pcl invests in fourfinancial and fintechcompanies Nordax, Nets, Saxo Bank and Intrum. Nordax becomes Sampo’sassociated company.

Structural changes in the key role

Source: Thomson Reuters Datastream01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18

0

200

400

600

800

1000

1200

1400

Sampo

STOXX EUROPE 600 Banks/Insurance

Sampo’s main objective is to create value for shareholders

Annual total return ~ 15%

1.1.2001=100120,259

0

20,000

40,000

60,000

80,000

100,000

120,000

140,000

2000

2001

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

2014

2015

2016

2017

2018

3/31

/201

9

Number of registered shareholders Total return

Torbjörn MagnussonGroup CEO and President (as of 1 Jan 2020)

Morten ThorsrudPresident and CEO of If

Ingrid Janbu HoltheHead of If BA Private

Changes in top management

Sampo plcAnnual General Meeting 2019

Björn WahlroosChairman of the Board