ARC Ltd Integrated Annual Report 2023

33 HUMAN NATURAL INTELLECTUAL IC SOCIAL SC The following outlines the inputs across our various capitals: OUR BUSINESS MODEL - GEARED FOR VALUE CREATION CAPITALS FINANCIAL MANUFACTURING INPUTS HC NC FC MC • Capital base supported by donors • Operations support • Investments • Premiums • AV Model (ARC Group) • Underwriting system (Remetrica) • Dynamic 365: Underwriting sales system • SAGE X3: Accounting system • IT security systems • Proprietary risk and underwriting model • Technology and data system • Skilled and experienced staff • Strategic and operational frameworks • Investments • 18 employees • Board • Organisational culture • Partners and donors • Auditors and actuaries • African governments and member states • Humanitarian organisations • Media • Water and energy usage • RC Group engagement and support • Equity of $8 million • Total assets $120 million • Donor financing • Capital requirement cover • One of the largest balance sheets dedicated to weather-related risks in Africa • Early warning model • Technologically advanced with scalable potential • Top parametric insurer serving the African continent • Strong strategic partnerships • Innovative culture • Research-based solutions • Our primary capability is to manage climate risk. We deliver solutions to clients via products, services, and indices • Highly regarded parametric insurer • Solid, long-standing relationships of trust with member states, funders, and regulators • Contribution to resilience and DRM on the continent • While our direct social impact is limited, we remain committed to the responsible stewardship of resources. • While our direct impact is limited, we remain committed to responsible ESG stewardship OUR BUS I NESS MODE L

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