Zurich Pensions Fund specific projection rates

Zurich Pensions Fund specific projection rates This document lists the funds available through the Sterling Investment Bond and the fund specific projection rates used in our illustrations. Examples Where 100% of the investment is in the Zurich 7IM AAP Adventurous ZP the illustration would show a mid protection rate capped at 5%. Where 100% of the investment is in the BlackRock UK Gilts All Stocks Tracker ZP fund, the illustration would show a mid projection rate of 2.4%, as it is below the FCA s standard mid-point growth rate. In our pre-sales illustrations, we use a projection rate reflecting the growth assumption on each of the individual funds and their mix within the Plan. This resulting growth rate is then capped at the FCA s standard mid-point growth rate (currently 5%) if required. These fund specific projection rates are for illustration purposes only and are not guaranteed. Actual returns will depend on how the investment grows and the tax treatment of the product. 7IM AAP Adventurous ZP 5.00 7IM AAP Balanced ZP 4.28 7IM AAP Income ZP 3.30 7IM AAP Moderately Adventurous ZP 5.00 7IM AAP Moderately Cautious ZP 3.41 7IM Adventurous ZP 5.00 7IM Balanced ZP 4.30 7IM Moderately Adventurous ZP 5.00 7IM Moderately Cautious ZP 3.39 Aberdeen Asia Pacific Equity ZP 5.00 Aberdeen Life Global (ex UK) Equity ZP 5.00 Aberdeen Life Global Growth ZP 5.00 Aberdeen Life Sterling Long Dated Government Bond ZP 5.00 Aberdeen Life UK Equity ZP 5.00 Aberdeen Life UK Smaller Companies ZP 5.00 Allianz Emerging Markets Equity ZP 5.00 Allianz Gilt Yield ZP 1.30 Allianz RiskMaster Conservative Multi Asset ZP 4.43 Allianz RiskMaster Growth Multi Asset ZP 5.00 Allianz RiskMaster Moderate Multi Asset ZP 4.88 American Select ZP 5.00 American Smaller Companies ZP 5.00 American ZP 5.00 Aquila 50/50 Global Equity Index ZP 5.00 1

Aquila 60/40 Global Equity Index ZP 5.00 Aquila Corporate Bond Over 15 Year Index ZP 2.10 Aquila Index-Linked Over 5 Year Gilt Index ZP 1.30 Aquila UK Equity Index ZP 5.00 Aquila US Equity Index ZP 5.00 Aquila World ex UK Equity Index ZP 5.00 Artemis High Income ZP 2.84 Artemis Income ZP 5.00 Artemis Strategic Assets ZP 4.50 Artemis UK Select ZP 5.00 Artemis UK Smaller Companies ZP 5.00 Artemis UK Special Situations ZP 5.00 Asia ZP 5.00 Aviva Investors UK Property ZP 5.00 AXA Framlington Global Technology ZP 5.00 AXA Framlington Managed Balanced ZP 4.83 AXA Framlington UK Select Opportunities ZP 5.00 Balanced Managed ZP 5.00 Baring Multi Asset ZP 3.59 BlackRock Consensus 100 ZP 5.00 BlackRock Consensus 35 ZP 2.43 BlackRock Consensus 60 ZP 3.28 BlackRock Consensus 70 ZP 3.60 BlackRock Consensus 85 ZP 4.21 BlackRock Gold & General ZP 5.00 BlackRock Money Market ZP 0.60 BlackRock Sterling Liquidity ZP 0.60 BlackRock UK Special Situations ZP 5.00 Defensive Equity & Bond ZP N/A Deposit & Treasury ZP 0.60 Deutsche Managed Sterling ZP 1.56 Dimensional Emerging Markets Core Equity ZP 5.00 Dimensional Global Short-Dated Bond ZP 2.10 Dimensional International Core Equity ZP 5.00 Dimensional UK Core Equity ZP 5.00 Dimensional UK Small Companies ZP 5.00 European Bond ZP 5.00 European Select ZP 5.00 European Smaller Companies ZP 5.00 European ZP 5.00 F&C MM Lifestyle Balanced ZP 4.92 F&C MM Lifestyle Cautious ZP 4.51 F&C MM Lifestyle Defensive ZP 3.75 F&C MM Lifestyle Growth ZP 5.00 Fidelity American ZP 5.00 Fidelity American Special Situations ZP 5.00 Fidelity Asia ZP 5.00 Fidelity Emerging Markets ZP 5.00 Fidelity European ZP 5.00 Fidelity Global Property ZP 5.00 Fidelity Global Special Situations ZP 5.00 Fidelity Index Emerging Markets ZP 5.00 Fidelity Index Europe ex UK ZP 5.00 Fidelity Index Japan ZP 5.00 Fidelity Index Pacific ex Japan ZP 5.00 Fidelity Index US ZP 5.00 Fidelity Index World ZP 5.00 Fidelity MoneyBuilder Income ZP 2.10 Fidelity Multi Asset Open Growth ZP 5.00 Fidelity Multi Asset Open Strategic ZP 3.77 Fidelity Multi Asset Strategic ZP 3.77 Fidelity Strategic Bond ZP 3.30 Fidelity UK Special Situations ZP 5.00 Fidelity WealthBuilder ZP 5.00 First State Global Listed Infrastructure ZP 5.00 Global Bond ZP 2.10 2

Global Select ZP 5.00 Henderson Cautious Managed ZP 3.79 Henderson China Opportunities ZP 5.00 Henderson Emerging Markets Opportunities ZP 5.00 Henderson European Selected Opportunities ZP 5.00 Henderson Global Sustainable Equity ZP 5.00 Henderson Multi-Asset Absolute Return ZP 4.64 Henderson Multi-Manager Income & Growth ZP 3.75 Henderson Preference & Bond ZP 2.10 Henderson Strategic Bond ZP 2.10 Henderson UK Property ZP 5.00 High Yield Bond ZP 2.10 Horizon Monthly Income Plus ZP 2.10 Horizon Multi-Asset I ZP 3.05 Horizon Multi-Asset II ZP 3.59 Horizon Multi-Asset III ZP 4.18 Horizon Multi-Asset IV ZP 4.88 Horizon Multi-Asset V ZP 5.00 Invesco Perpetual Corporate Bond ZP 2.10 Invesco Perpetual Distribution ZP 3.36 Invesco Perpetual Global Targeted Returns ZP 2.61 Invesco Perpetual High Income ZP 5.00 Invesco Perpetual Income ZP 5.00 Invesco Perpetual Japanese Smaller Companies ZP 5.00 Invesco Perpetual Monthly Income Plus ZP 2.76 Investec Asia ex Japan ZP 5.00 Investec Cautious Managed ZP 4.49 Investec Global Energy ZP 5.00 Investec Global Strategic Equity ZP 5.00 Investec UK Special Situations ZP 5.00 ishares Continental European Equity Index ZP 5.00 ishares Emerging Markets Equity Index ZP 5.00 ishares Japan Equity Index ZP 5.00 ishares North American Equity Index ZP 5.00 ishares Pacific Ex Japan Equity Index ZP 5.00 ishares UK Equity Index ZP 5.00 ishares UK Gilts All Stocks Index ZP 1.30 Japan ZP 5.00 JPM Asia Equity ZP 5.00 JPM Balanced ZP 4.83 JPM Continental Europe Equity ZP 5.00 JPM Emerging Europe Equity ZP 5.00 JPM Global Bond ZP 1.30 JPM Global Equity Income ZP 5.00 JPM Global Equity ZP 5.00 JPM Japan Equity ZP 5.00 JPM Natural Resources ZP 5.00 JPM UK Specialist Equity ZP 5.00 JPM US Equity Income ZP 5.00 JPM US ZP 5.00 Jupiter China ZP 5.00 Jupiter Distribution ZP 2.76 Jupiter Ecology ZP 5.00 Jupiter Emerging European Opportunities ZP 5.00 Jupiter European Special Situations ZP 5.00 Jupiter European ZP 5.00 Jupiter Financial Opportunities ZP 5.00 Jupiter Income ZP 5.00 Jupiter India ZP 5.00 Jupiter Merlin Balanced Portfolio ZP 5.00 Jupiter Merlin Growth Portfolio ZP 5.00 Jupiter Merlin Income Portfolio ZP 4.40 Kames Ethical Cautious Managed ZP 3.81 Kames Ethical Corporate Bond ZP 2.10 Kames Ethical Equity ZP 5.00 Kames Sterling Corporate Bond ZP 2.10 3

Latin America ZP 5.00 M&G Corporate Bond ZP 2.10 M&G Episode Balanced ZP 3.50 M&G Gilt & Fixed Interest Income ZP 1.30 M&G North American Dividend ZP 5.00 M&G Optimal Income ZP 1.83 M&G Property Portfolio ZP 5.00 M&G Strategic Corporate Bond ZP 2.10 Man GLG Japan CoreAlpha ZP 5.00 Managed Bond ZP 2.32 Managed Equity ZP 5.00 Managed Equity & Bond ZP 3.94 Managed Equity Focused ZP 5.00 Martin Currie North American ZP 5.00 Multimanager Generation 2 Protected Profits ZP 5.00 Multimanager Protected Profits ZP 5.00 Neptune US Opportunities ZP 5.00 Newton Balanced ZP 5.00 Newton Global Income ZP 5.00 Newton International Bond ZP 2.10 Newton Managed ZP 5.00 Newton Real Return ZP 4.15 Newton UK Income ZP 5.00 Old Mutual Cirilium Balanced Passive ZP 3.77 Old Mutual Cirilium Balanced ZP 4.08 Old Mutual Cirilium Conservative Passive ZP 2.57 Old Mutual Cirilium Conservative ZP 2.81 Old Mutual Cirilium Dynamic Passive ZP 5.00 Old Mutual Cirilium Dynamic ZP 5.00 Old Mutual Cirilium Moderate Passive ZP 4.60 Old Mutual Cirilium Moderate ZP 5.00 Old Mutual Corporate Bond ZP 2.10 Old Mutual UK Alpha ZP 5.00 Old Mutual UK Mid Cap ZP 5.00 Omnis Managed Adventurous ZP 5.00 Omnis Managed Balanced ZP 5.00 Omnis Managed Cautious ZP 5.00 Omnis Multi-Manager Adventurous ZP 5.00 Omnis Multi-Manager Balanced ZP 5.00 Omnis Multi-Manager Cautious ZP 5.00 Omnis Multi-Manager Distribution ZP 3.67 Premier Multi-Asset Distribution ZP 4.19 Premier Multi-Asset Growth & Income ZP 5.00 Property ZP 5.00 Rathbone Income ZP 5.00 Schroder All Maturities Index Linked Bond ZP 1.30 Schroder Asian Income Maximiser ZP 5.00 Schroder Core UK Equity ZP 5.00 Schroder European Opportunities ZP 5.00 Schroder Flexible Retirement ZP 2.72 Schroder Global Alpha Plus ZP 5.00 Schroder Global Cities Real Estate ZP 5.00 Schroder Global Equity Income ZP 5.00 Schroder Income Maximiser ZP 5.00 Schroder Income ZP 5.00 Schroder Managed Balanced ZP 4.35 Schroder MM Diversity ZP 3.92 Schroder Strategic Credit ZP 2.10 Schroder Tokyo ZP 5.00 Schroder UK Alpha Plus ZP 5.00 Schroder UK Mid 250 ZP 5.00 Schroder US Mid Cap ZP 5.00 Seneca Diversified Growth ZP 5.00 Sinfonia Adventurous Growth Portfolio ZP 5.00 4

Sinfonia Balanced Managed Portfolio ZP 5.00 Sinfonia Cautious Managed Portfolio ZP 4.01 Sinfonia Income & Growth Portfolio ZP 4.66 Sinfonia Income Portfolio ZP 3.07 SLI Ignis UK Property ZP 5.00 Stewart Investors Asia Pacific Leaders ZP 5.00 Strategic Bond ZP 2.10 Tracker Protected Profits ZP 5.00 UBS US Equity ZP 5.00 UK Corporate Bond ZP 2.10 UK Equity Alpha Income ZP 5.00 UK Equity Income ZP 5.00 UK Growth & Income ZP 5.00 UK Select ZP 5.00 UK Smaller Companies ZP 5.00 UK ZP 5.00 Verbatim Portfolio 4 ZP 3.69 Verbatim Portfolio 5 Growth ZP 4.43 Verbatim Portfolio 5 Income ZP 4.50 Verbatim Portfolio 6 ZP 4.88 Verbatim Portfolio 7 ZP 5.00 Woodford Equity Income ZP 5.00 5

For more detail about these changes and their impact, please contact your usual financial adviser. This information relates to funds available as at December 2017. Zurich Assurance Ltd. Registered in England and Wales under company number 02456671. Registered Office: The Grange, Bishops Cleeve, Cheltenham, GL52 8XX. Telephone: 0370 241 6950. We may record or monitor calls to improve our service. WD0662 002 (12/17) (7111151) 6