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    GWO   CA39138C1068

GREAT-WEST LIFECO INC.

(GWO)
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Great West Lifeco : to release fourth quarter 2021 financial

01/19/2022 | 10:14am EDT

RELEASE

TSX:GWO

Great-West Lifeco to release fourth quarter 2021 financial results

Announces dates for 2022 financial results and conference calls

Winnipeg, MB January 19, 2022. . . Great-West Lifeco will release its fourth quarter 2021 financial results after markets close on Wednesday, February 9, 2022.

The results will be discussed in a conference call and audio webcast hosted by company management at 3:30 p.m. ET on Thursday, February 10, 2022. The live webcast and presentation materials will be available at greatwestlifeco.com/news-events/events.

To listen via telephone dial 416-915-3239 (Toronto) or 1-800-319-4610 (Canada/USA toll-free).

A replay of the conference call will be available from February 10 to March 11, 2022, by calling 604-674-8052 (Vancouver) or 1-855-669-9658 using the access code 8244. An archive of the webcast will also be available on Great-West Lifeco's website following the event.

Upcoming conference calls and audio webcasts

Great-West Lifeco has scheduled its quarterly earnings conference calls and audio webcasts as follows:

Quarter

Earnings release

Earnings conference call

4th quarter 2021

February 9, 2022

February 10 at 3:30 pm ET

(after market close)

1st quarter 2022

May 4, 2022

May 5 at 3:30 pm ET

(after market close)

2nd quarter 2022

August 3, 2022

August 4 at 2:30 pm ET

(after market close)

3rd quarter 2022

November 2, 2022

November 3 at 11:30 am ET

(after market close)

About Great-West Lifeco Inc.

Great-West Lifeco is an international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management and reinsurance businesses. We operate in Canada, the United States and Europe under the brands Canada Life, Empower Retirement, Putnam Investments, and Irish Life. At the end of 2020, our companies had approximately 24,500 employees, 205,000 advisor relationships, and thousands of distribution partners - all serving our more than 30 million customer relationships across these regions. Great-West Lifeco and its companies are members of the Power Corporation group of companies. Great-West Lifeco trades on the Toronto Stock Exchange (TSX) under the ticker symbol GWO. To learn more, visit greatwestlifeco.com.

For more information contact:

Media Relations

Investor Relations

Liz Kulyk

Deirdre Neary

204-391-8515

647-328-2134

media.relations@canadalife.com

deirdre.neary@canadalife.com

100 Osborne Street N Winnipeg MB Canada R3C 1V3

  1. MEMBER OF THE POWER CORPORATION GROUP OF COMPANIES®

Disclaimer

Great-West Lifeco Inc. published this content on 19 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 January 2022 15:13:12 UTC.


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Financials
Sales 2022 222 B 172 B 172 B
Net income 2022 3 235 M 2 517 M 2 517 M
Net Debt 2022 - - -
P/E ratio 2022 9,49x
Yield 2022 5,90%
Capitalization 31 056 M 24 163 M 24 163 M
Capi. / Sales 2022 0,14x
Capi. / Sales 2023 0,13x
Nbr of Employees 28 000
Free-Float 26,3%
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Income Statement Evolution
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Mean consensus HOLD
Number of Analysts 10
Last Close Price 33,33 CAD
Average target price 38,90 CAD
Spread / Average Target 16,7%
EPS Revisions
Managers and Directors
Paul Anthony Mahon Co-President, Chief Executive Officer & Director
Jeffrey F. Macoun Co-President & Chief Operating Officer
Garry MacNicholas Chief Financial Officer & Executive Vice President
Robert Jeffrey Orr Chairman
Steven Michael Rullo Global Chief Information Officer & Executive VP
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