EMPLOYEE BENEFIT PLANS

1. EMPLOYEE BENEFIT PLANS AIG Life Bulgaria Group Management Division 2005

2. What it is Employee Benefit Plan • Life insurance plan covering the employee / associates of an employer • It is offered from an employer to his employee over and above any kind of obligation • Financed / paid by the Employer on 100% basis or on a contributory system(with the participation of the employees) • Providing 24 hours worldwide coverage

3. Employee Benefit Plans Are considered worldwide as a Standard, Indispensable Human Resource / Employee Management Relationship Tool

4. Salary and Bonus Company car Mobile phone Transport allowance Food coupons Extra vacation Medical service Etc. Most common employee relationship tools

5. Motivation Rewarding Acknowledgement / Recognition What we can achieve using relationship tools ?

6. Increase of overall productivity Attraction of new talented and carrier oriented employees Development of positive working relationship Retention of all successful employees Ongoing objectives of employers

7. Employee Benefit Plan Features • Non-traditional benefits long-term for the employee and his family Employer’s Objective Achieved/Supported • Attracting a new talented and carrier oriented employees, especially one with alternatives or from unstructured benefit environments =>

8. Employee Benefit Plan Features • Benefits related to years of service or performance level Employer’s Objective Achieved/Supported • Supports retention of old successful employees (Barrier to exit) =>

9. Employee Benefit Plan Features • A caring employers image over and above any obligation Employer’s Objective Achieved/ Supported • Assists/ Enhances overall productivity through positive/ motivated employees • Ensures smooth working relationships =>

10. Perceived value / price Depending on the plan, the cost of such benefit plan starts from 0.43 % from the total payroll expenses

11. Group Life Insurance Special Group Accident Coverage In Hospital benefits, Surgery benefits Individual Saving Plans – for managers and key employees Unique Group Pension Plans InsuranceCoverage Options

12. Applicable for all or selected groups Special attention to insured Double protection with Group Accident The group life rate depends on age and gender Coverage due to accident and sickness: Death Total Permanent Disability Partial Permanent Disability Group Life Insurance

13. Appropriate basic coverage for all groups With very positive cost/benefit ratio Coverage due to accident: Accidental Death Total Permanent Disability Partial Permanent Disability In Hospital benefits and Surgery benefits are supplementary insurance coverage for selected groups Special Group Accident Coverage

14. Unique motivation plan Creates long-term loyalty relationship with Managers and Key Employees Pure saving product Policyholder is the Employer Beneficiary at maturity is Employee Individual Saving Plans

15. Unique Group Pension Plans • Provide employees with financial independence after a certain age • Individually developed pension program according the employers objectives • Long term employee relationship tool

16. Q & A for further information: Mariana Stoyanova – GMD Manager AIG-Life Bulgaria Tel. 2 969 10 13 Mob. 0 898 984 966