Executive Compensation: Risk Exposure

Aggregate Compensation for Executives who have a Material Impact on the Company’s Risk Exposure

As required under the Financial Stability Board’s Implementation of Standard 15, we have determined which executives have a material impact on our exposure. We have 18 executives who are in this category.

The table below shows the total compensation paid or granted in 2010 (in millions of dollars) to those 18 executives for services rendered to the Company, The Great-West Life Assurance Company, The Canada Life Assurance Company and their respective subsidiaries.

¹Share based awards calculated based on Black-Scholes value at time of grant