News 2022 | Page 3

On 18 March 2022, MAPFRE MSV Life p.l.c. approved the bonus rates for With-Profits policies for the year ended 31 December 2021.

A Regular Bonus Rate of 2.00% was declared on the Company’s core products namely the Comprehensive Flexi Plan (regular and single premium policies), the Single Premium Plan and on the With-Profits options of the Investment Bond, Retirement Plan and the Personal Pension Plan. A Regular Bonus Rate of 1.90% was declared on the Comprehensive Life Plan (regular and single premium policies). The 2021 Regular Bonus Rates for these contracts represent an increase of 0.50% from the 2020 declaration.

The MAPFRE Group Annual General Meeting held in Madrid approved, among other resolutions, the accounts for fiscal year 2021, when the company posted a result of 765 million euros, a 45.3 percent increase on 2020.

Mapfre Middlesea and Mapfre MSV Life, both members of the Mapfre Group, recently launched a new website which will house both companies under one virtual roof. The website aims to provide an aesthetically pleasing and fresh looking portal, with a faster and more user-friendly interface that makes it easier for visitors to access its main functions.

MAPFRE MSV Life p.l.c. has seen sustained demand for Personal Pension Plans during 2021 as it has consolidated its position as the leading provider of retirement savings solutions in the Maltese market during last year, significantly increasing its book of Personal Pension plans.