Ameriprise Financial : Overview

Ameriprise Financial

September 2021

Forward-looking statements

The forward-looking statements in this presentation reflect management's expectations about future

events, plans and performance. These forward-looking statements and the many assumptions upon which they are based involve risks and uncertainties. A list of factors that could cause actual results to be materially different from those expressed or implied by any of these forward-looking statements is detailed under the headings "Forward-Looking Statements" and "Risk Factors", and elsewhere, in our Annual Report on Form 10-K for the year ended December 31, 2020. These forward-looking statements speak only as of today's date and we undertake no obligation to update publicly or revise them for any reason. For information about Ameriprise Financial, please refer to ir.ameriprise.com.

Non-GAAP Financial Measures

This presentation contains certain non-GAAP financial measures that our management feels best reflect the underlying performance of our operations. Reconciliations of such non-GAAP financial measures to the most directly comparable GAAP financial measure have been provided along with the presentation.

2

A diversified and differentiated

financial services leader

with a record of outperformance -

well-positioned to capture future growth

3

Ameriprise - diversified and fully integrated

Advice & Wealth

Management

		Industry-leading
Strong investment		wealth manager with		Important solutions
	differentiated advice
performance;		value proposition		meeting clients'
client-focused approach				evolving needs

$1.2T	Tripled EPS	~90% free cash	Over $17B	$2.0B	37.5% adjusted
in AUM/A	since 20121	flow generation	returned	excess capital	operating ROE,
1. Excludes unlocking.			to shareholders		ex. AOCI
		since 2012		4
Data as of 6-30-21.

One dynamic firm delivering significant value

Wealth	Global Asset
Management	Management

Columbia

Threadneedle

Investments

Advice

• Wealth Management

Retirement &

Protection

Solutions

Benefits

Wealth management drives ~85% of the firm's revenue1

Deep, long-term client relationships

Captures assets and fees across market cycles

Strong asset persistency

Benefits from critical expertise and capabilities across AMP

Substantial free cash flow to reinvest for growth and return to shareholders

1. Represents AWM's advisor network.	5