Public AccountabilityStatement

Enabling homeownership.Creating value.

Letter from the Chairman . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

Enabling homeownership. Creating value. . . . . . . . . . . . . . . . . . . . 4

Putting our values to work . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

Helping homeowners through difficult times . . . . . . . . . . . . . . . . . . 6

Promoting responsible homeownership through education . . . . . . . . 8

Helping newcomers buy their first home . . . . . . . . . . . . . . . . . . . . 9

Improving the housing finance system . . . . . . . . . . . . . . . . . . . . . 10

Supporting financial literacy . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10

Facilitating affordable homeownership . . . . . . . . . . . . . . . . . . . . 11

Raising awareness among youth . . . . . . . . . . . . . . . . . . . . . . . . . 13

Helping build stronger communities . . . . . . . . . . . . . . . . . . . . . . 14

Taking our commitment to Ottawa . . . . . . . . . . . . . . . . . . . . . . . 18

Helping fund the top priorities of Canadians . . . . . . . . . . . . . . . . . 19

Providing a great place to work. . . . . . . . . . . . . . . . . . . . . . . . . . 20

Chairman’s Award Recipients . . . . . . . . . . . . . . . . . . . . . . . . . . . 22

Table of Contents

Who we areWe are Canada’s leading private mortgage insurer with a history dating back to 1995. Our Company, Genworth Financial Mortgage Insurance Company Canada (GenworthCanada), a subsidiary of Genworth MI Canada, provides default mortgage insurance toCanadian residential mortgage lenders that enables first-time homebuyers to own a home more affordably.

Known as The Homeownership Company, we have a track record of successful innovationsthat benefit both lenders and borrowers. Our customer-focused strategy, active riskmanagement platform and financial strength position us well for delivering ongoingprofitability.

As of December 31, 2011, the Company had $5.3 billion in total assets and $2.9 billion in shareholder’s equity. Based in Oakville, Ontario, we employ approximately 260 peopleacross Canada.

Cover photo: Members of Genworth Canada at Habitat for Humanity build in Prince Edward Island. Photo courtesy of The Guardian newspaper of P.E.I.

Dear Friends:

Since 1995, Genworth Canada has helped more than 1.2 million Canadiansacross the country achieve their dream of homeownership.

Our business had another solid year in 2011. We set some ambitious goalsfor numerous parts of the business and made good progress on each ofthose areas. This was achieved against a backdrop of economic stress innumerous parts of the globe. As the economy continues to recover, we will continue to focus on strengthening our position as the leading privatemortgage insurer in Canada. We will do this by delivering outstandingcustomer service, prudently and actively managing our risk, andmaintaining financial flexibility.

Genworth Canada believes that leadership includes being a good citizenand neighbour and giving back to the communities where we live andconduct business. Throughout last year, our Company and our employeesdevoted significant resources – in both time and money – to help supportcharitable organizations and build stronger communities throughoutCanada.

Among our many initiatives is our Homeowner Assistance Program. Thisprogram exists to help prevent families who are going through temporaryfinancial difficulties from losing their home. While a solution may not befound in every case, we take great pride in helping those we can. Offered atno extra cost to Genworth-insured homeowners, our program enables theborrower to work with us and their lender to find alternatives to foreclosure.

We also support many charitable initiatives and encourage our employeesto participate in volunteer activities regularly. Among the many causes ouremployees supported this past year, are the United Way, Habitat forHumanity, Juvenile Diabetes Research Foundation and countless others as you’ll see highlighted in the pages that follow.

To further encourage volunteer activity, we held a “Month of Service”campaign. Throughout the month of June, employees were encouraged to take part in hands-on volunteering activities in support of numerousorganizations. In that one month, our employees across Canada donatedmore than 564 hours in support of 17 programs.

As 2012 unfolds, we will maintain our commitment to enabling responsiblehomeownership and creating value for all our partners – lenders,shareholders, employees and communities across the country.

Sincerely,

Brian HurleyChairman and Chief Executive Officer

Letter from the Chairman

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Enabling homeownership. Creating value.We believe in responsible homeownership. Our goal is to make homeownership more affordable and accessible for Canadians. We do this by promoting prudent home buying practices, contributing to responsible lending practices and actively managing risk. Our strength is in our people. We continually strive to add value to our lender customers, ourshareholders, our communities and our employees.

Helping Canadians buy homes from coast, to coast, to coast

From Victoria to St. John’s, and to the North, Genworth Canada is there to help Canadians who are ready for the responsibility of homeownership. We are proud to serve Canadians in every province and territory.

Through our mortgage default insurance products, we help Canadians purchase homes whenthey lack the funds needed to make a minimum down payment of 20 per cent. By providingproducts that insure lenders against borrower defaults, we position borrowers to benefit fromthe same low rates that would be offered to borrowers with a larger down payment.

As The Homeownership Company, we also believe in educating homebuyers about thehomeownership process, and promoting financial literacy to help protect the soundness and stability of Canada’s housing market.

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Heart

We’re there when people need us most.

We seek out, respect, and value differentperspectives and experiences.

We positively impact our communities around the world.

Integrity

We demonstrate fairness, honesty, andaccountability.

We do what we say.

We communicate with transparency.

Excellence

We prioritize to stay focused on the right things.

We take initiative to be a part of the solution.

We continually seek to teach and learn.

We believe in the power of a promise.

Putting our values to workOur values – Heart, Integrity and Excellence – are the foundation of our company. They definewho we are and how we work, and they guide our decisions each day. These values arefundamental to our success in keeping our promises to our customers, partners, shareholders,employees and our communities.

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The Genworth Canada Homeowner Assistance Program

A sudden job loss, illness, injury, maritalbreakdown or other life altering situation, can have a devastating impact on a homeowner’sfinancial well-being and threaten their ability to hold onto their home.

Genworth Canada’s Homeowner AssistanceProgram exists to help find solutions that can keep families in their homes while they struggle to manage through temporary financial difficulties.While a solution may not be found in every case, we take great pride in helping those we can.

Offered at no extra cost, this service identifiesalternatives to foreclosure such as increasingamortization periods, partial or shared paymentplans, or deferred payments.

Helping homeowners through difficult times

“It feels great to knowthat my actions can helpa family going throughrough times hang ontotheir home. To keep us inspired, we keepmessages from familiesand lenders we’vehelped, and we postthem to our wall ofHOAP.”Melissa Safadie, Leader, HomeownerAssistance Program

6 Genworth Canada’s Wall of HOAP: thank you notes from homeowners we helped through our HomeOwner Assistance Program.

7

Here are just a few examples of what Genworthhas done to help homeowners, across Canada,stay in their homes:

Taking time off to care for ourselves or a sick loved one canquickly drain our financial resources. The loss of income canthreaten our ability to pay a mortgage and to hold onto a home.

A homeowner in Quebec took extended time off work to provide special medical care for her disabled child; ineligible for government assistance, she fell behind on her mortgagepayments. To help keep this family in their home, GenworthCanada made an arrangement with her lender that gave herneeded relief from her mortgage payments until after she was able to return to work.

Losing a loved one is a painful emotional experience; it can also leave loved ones with unaffordable funeral costs that can threaten their ability to pay their mortgage.

A homeowner in New Brunswick experienced the tragedies of losing both her husband and her mother within the span of a year. The financial burden of both funeral costs made itimpossible for her to keep up with her mortgage payments.Genworth Canada worked with this homeowner and her lenderto help convert her mother’s suite into an income-generatingrental unit that gave her the ability to afford her mortgage, andenjoy a bit of extra breathing room.

Losing a job or suffering an unexpected loss of income is the single biggest threat to losing a home. For those withtemporary struggles, Genworth is often able to help.

After many years of loyal service, a homeowner in Ontario lost his job when his employer closed its doors. Genworth workedwith his lender to find a solution that gave the homeowner andhis family some financial flexibility, allowing them to keep theirhome while he temporarily withdrew from the workforce topursue training in a new trade.

Homeownership Education Week

Genworth Canada’s second annual NationalHomeownership Education Week was held April 10-14, 2011. This is a focused week during which we provide homebuyers with anopportunity to learn about the fundamentals of buying a home.

Each day of the week focused on a different topic, including financial planning,understanding your credit report, and marketinsights. Seminars and live webinars took placeacross the country, featuring presentations byGenworth Canada and other industry experts.

Homeownership.ca

As The Homeownership Company, our goal is to help Canadians achieve their dream ofhomeownership. Recognizing the need formore resources to educate prospectivehomeowners on all aspects related to buying and owning a home, we developedwww.homeownership.ca. This one-stop website provides guidance on every step of the homeownership journey. Whether lookingfor tips on budgeting, financing and mortgageoptions, or expert advice on anything fromchoosing the right neighbourhood to how togo about home improvements, this site has it all. Through Homeownership.ca we arehelping Canadians make informed andresponsible homeownership decisions.

Our online resources include:

� Homeownership education video

� Mortgage calculators

� My Home Planner toolkit

� Financial Fitness measurement tools

� Expert advice

� Useful links and more.

And in 2011, Genworth Canada launched a mobile application for smart phones andtablets, which helps Canadians calculate their mortgage payments.

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Promoting responsible homeownershipthrough educationAt Genworth Canada, we firmly believe in arming prospective Canadian homeowners with thebest information possible so they can make an informed decision when it comes to choosing the right home and the right mortgage.

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Helping newcomers buy their first home in CanadaOur New to Canada Program

Canada is a country that proudly celebrates its cultural diversity. We understand thathomeownership is an important goal fornewcomers and is an achievement that helpsnew immigrants feel at home in this country.

At Genworth Canada, we take great prideserving newcomers to Canada and in givingthem meaningful support and resources. Theservices we offer to newcomers extend beyondour products; we also offer online tools andadvice at www.homeownership.ca, available in seven languages:

� A toll-free number to help newcomersaddress their homebuying questions

� Information and tips to help them find aqualified REALTOR®

� Advice on how to find an affordable homethat suits their needs

� Calculators to help determine the mortgagesize and duration they can afford

� Tips to build and maintain a good creditrating

� Tips to guide them through the process and costs associated with buying a home

Improving thehousing financesystemProtecting consumers and the industry

Genworth Canada is committed to working with law enforcement, lenders, government and others in the industry to help improve the Canadian housing finance system.

Identity theft, mortgage fraud, and other relatedproperty offenses cost Canadians hundreds of millions of dollars each year; that is why we,through our underwriting process, continue toincorporate innovative new technologies andsystems to detect and prevent mortgage fraudand other illegal schemes that can exposeCanadians to risk.

We host numerous training sessions for lenders,brokers, REALTORS® and other professionals,with presentations from our internal experts, aswell as guest speakers from law enforcementand other government entities.

We also extend this education and awarenessprogram to prospective homeowners throughour Homebuyer Seminar Series.

Supporting financial literacy Monitoring the financial fitness of Canadians

As part of our commitment to enableresponsible homeownership, we believestrongly in helping enhance the financialunderstanding and literacy of homebuyers. To support this effort, Genworth Canadaestablished a relationship with the CanadianAssociation of Credit Counselling Services(“CACCS”) in 2009, and we continue to work

with them andsupport theirefforts to helpCanadians getinto betterfinancialshape.Working withCACCS, weheld a series

of seminars across Canada in 2011, teachingthe basics of financial fitness and the steps totake to achieve financial goals.

Genworth Canada and CACCS also conductedan annual financial fitness survey. The results of this survey help us monitor Canadians’attitudes on finances and homeownership sothat we can continue to deliver the right toolsand resources to educate homebuyers andpromote responsible lending practices acrossthe country.

The survey questions can be found atwww.financialfitness.ca, along with many otheruseful tools and resources around financialplanning, credit ratings, budgeting, managingexpenses and setting long-term goals.

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Supporting housing projects across Canada

Genworth Canada is constantly looking for newways to make homeownership more affordablefor Canadians. We provide mortgage insurancesupport for initiatives sponsored by governmentand non-profit entities, developers and lenders.

Through our work with the Canadian Housingand Renewal Association, and our proactive work with other industry players, we continue to increase our involvement with innovativeprojects that enhance access to affordablehomeownership. As part of our mandate, welook at ways to adapt our underwriting processto meet the demands of specific programs, and we offer reduced mortgage insurancepremium rates for properties associated with these programs.

In 2011, we approved 344 mortgageapplications relating to affordable housingprojects across the country and lookingahead we have approved 13 new projectsand programs in communities across Canada.We worked closely with Attainable HomesCalgary Corporation (AHCC) to support theirfirst project, Treo at Beacon Heights. AHCC is a non-profit organization owned by the City of Calgary, and created to empowerhard-working middle-income Calgarians to move from ‘the rental market’ tohomeownership. We are also excited aboutour involvement in supporting an importanthousing project in Regina, Saskatchewan, that will provide affordable housing for 126 individuals and families.

Facilitating affordable homeownership

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Treo at Beacon Heights: Attainable Homes Housing Corporation’s first affordable housing project in Calgary, Alberta

13912

Habitat for Humanity Canada

For some Canadians, the dream ofhomeownership can only be realized throughthe help of good neighbours. GenworthCanada and its employees have helped familiesacross Canada through active support andinvolvement as a National Sponsor of Habitatfor Humanity.

As part of our commitment to affordablehomeownership, we partnered with Habitat for Humanity in 2006; since then, our Company and its employees havesupported more than 30 Habitat for Humanityaffiliates across Canada and made totalcontributions in excess of $1.7 million.

The Path to Home Program

In 2011, Genworth Canada entered the second year of the Path to Homeprogram, a $1-million three-year commitment to Habitat for Humanity Canada.

The Path to Homeprogram is a GenworthCanada initiative with Habitat for Humanity that supports home building grants, access to educational resources, and employeevolunteer commitments, to projects andprograms across the country.

Our employees contributed more than 685 volunteer hours to Habitat in 2011; fromworking on construction sites, Habitat Re-Stores,and sitting on local boards and committees –our people were proud to step up to helpCanadian families.

This past year, we sponsored Habitat affiliates in the Canadian communities of Prince EdwardIsland; Saint-John and Moncton, NewBrunswick; Halifax, Nova Scotia; Montréal andSherbrooke, Québec; Ottawa, Toronto, Halton,Hamilton and Windsor, Ontario; Winnipeg,Manitoba; and Calgary, Alberta.

Genworth crew atHabitat build in Toronto

“The first time I representedGenworth Canada at a HabitatBuild, I had a great time and feltfantastic knowing I was helping a family by contributing to thebuilding of their new home. Sincethen, I’ve proudly served on mylocal Habitat Board and havereally enjoyed the experience.”Robert Kirby, Vice President, Loss Mitigation

The Meaning of Home National WritingContest

Genworth Canada’s national writing contest,The Meaning of Home,was created to raiseawareness among students of the importanceof having a home.

The contest calls on Canadian students ingrades 4, 5 and 6 to express what ‘home’means to them through a short story, poem or essay. As part of the program, teachers areencouraged to download education modulesonline and use the program to encourageliteracy, community support and charitablegiving in their classrooms.

Chosen among 3,200 entries, our2011 winner was 10-year old EdieSchnell of Calgary,Alberta. This younggirl wrote aninspirational essaycomparing herexperiences inCanada and Ethiopia:

“At the end of the day I would use the [river]

water to make dinner. My Birth Mom told meshe was sending me to a better place …Now I am in a perfect school with friends…Watercomes from a tap and I know it is clean…Sometimes things in life can be hard but having a good home can make a difference.”

As the fifth winner of the annual contest,Genworth Canada contributed $60,000 to the local Habitat building project of herchoice, which in this case was the Calgaryaffiliate. Since 2007, the contest has resulted in Genworth Canada donating over $450,000to more than 30 Habitat affiliates throughoutthe country.

To celebrate thefifth anniversary of The Meaning of Home contest,we, in partnershipwith Habitat,published acommemorativebook of winningand finalist entriesfrom the last fiveyears. Copies ofthe book can beordered at www.MeaningofHome.ca and allproceeds go to Habitat for Humanity Canada.

Raising awareness among Canada’s youth

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Edie Schnell

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Helping build stronger communitiesGenworth Canada is proud to give back to the communities it serves. In addition to numerousin-kind donations, the Company’s total cash-based contributions to community causes in 2011was $698,286.

Community builder of the year

We are recognized across Canada for ourcontributions to charitable causes. In Laval,Québec, Genworth Canada received theCoupe Défi Entreprise Award for our support of the Juvenile Diabetes Research Foundation(JDRF); and, in Oakville, Ontario, the Companyreceived a 2011 Oakville Award for BusinessExcellence in the first-ever Community Builderof the Year category.

We are proud to support several communityinitiatives in our hometown of Oakville,including the new Oakville Hospital, HabitatHalton, SafetyNet clothing drive, United Way of Oakville, Big Brothers Big Sisters, WellspringCancer Support Centre, Oakville Public LibraryTeen's Centre, JDRF, and the Oakville FamilyDay.

Genworth Canada committed $250,000 over five years to helpbuild a fracture clinic at the Oakville Hospital.

Genworth Canada accepts the Oakville Community Builder of the Year Award after being nominated by Anne Swarbick (left) of Habitat Halton. Photo courtesy of The Oakville Beaver.

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Volunteer of the Year

The Genworth Canada Volunteer of the Year Award recognizes one individual who went above and beyond,dedicating time and energy to help charitable causes the Company supports,including leading our record-breaking 2011United Way Campaign.

In recognition of herremarkable commitment,CEO and Chairman, BrianHurley, awarded LamarHaddad the 6th annualVolunteer of the YearAward at the company’smost recent AnnualEmployee Conference.

Lamar chose to equallysplit the GenworthVolunteer of the Year donation betweenPrincess Margaret Hospital and Rethink Breast Cancer.

“My volunteer experience withGenworth Canada has inspiredand humbled me, seeing theendless generosity of a staffthat continues to contributetheir time and funds withoutquestion.”Lamar Haddad, Genworth Volunteer of Year, 2011

United Way campaign

The 2011 Genworth Canada United Way Team raised nearly $117K for United WayCharities – with more than $50,000 contributedby Genworth’s 260 employees through payrolldeductions and other initiatives, US $50,000from the Genworth Foundation, and theremainder donated by Genworth Canada.

Throughout the course of the year, ouremployees led special fundraising eventsacross the country, including a silent auction to which employees and the Company donated nearly 100 prizes.

Our United Way campaign also earned us the 2011 United Way of Oakville Award.

Genworth Canada United Way Campaign Committee, holding2011 United Way of Oakville Award.

“For many years GenworthCanada has been there for our community. The incredibleleadership and generosityshown throughout all levels of the company means somuch to the people of Oakville.We are very grateful for theirunwavering commitment to our community.”Brad Park, CEO, United Way Oakville

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Month of Service

Giving back to the communities we serve is something we do all year round; but this past June 2011, the Genworth Canada Team went above and beyond with its annual Month of Service.

Our Month of Service is a time when our employees pulls together to support causes andorganizations that are important to the communities we serve, and have great meaning to us and to our families.

During the month, Genworth Canada supports its employees by offering paid time off to support community organizations and campaigns, and in many cases, the Company also provides donations and gifts in kind.

AboutFace (Toronto, ON):

Genworth Canada employees went to great heights to raise more than $11,500 for AboutFace.

“I couldn’t begin to imagine the fears thechildren we supported in this cause faceevery day of their lives. Hanging fromthe side of the CN Tower, as frightening

as it was, pales in comparison I am sure. It was worth it.”James Warnock, AVP, Operations

Mustard Seed (Edmonton, AB):

The Prairies Genworth Team donated morethan 200 hygiene kits to the Mustard SeedEdmonton to help inner city students).

Juvenile Diabetes Research Foundation (JDRF) (Québec):

The Québec Genworth Team participates in JDRF rides in Laval, Montréal and QuébecCity each year, and in 2011 raised more than$23,000 for the cause.

Members of Québec Genworth Team with their children at 2011JDRF Ride in Laval, Québec.

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Hope Cottage (Halifax, NS):

The Genworth Atlantic Team served breakfast tothose in need at the Hope Cottage Food Bank.

Society for the Protection of Cruelty to Animals (SPCA) (Port Coquitlam, BC):

The Genworth Pacific team participated in anSPCA car wash to raise money for this localbranch of Canada’s largest animal shelter.

Taking our commitment to OttawaEach year, the Government of Canada makesimportant decisions that impact the housingmarket. These changes affect consumerconfidence and the financial stability ofhomeowners and prospective homebuyersacross the country. As The HomeownershipCompany, Genworth Canada is committed toworking with key government departments and officials to provide recommendations in support of sound policies that reflect thehousing needs of Canadians.

Genworth Canada also believes the privatesector has an important role to play insupporting young Canadians who wish topursue careers in the public service. Throughour sponsorship of the Parliamentary InternshipProgram and the Forum of Young Canadians,we are providing students with access tolearning opportunities on Parliament Hill. TheParliamentary Internship Program is designed to provide university graduates with directexperience working for Members of Parliament.The Forum Experience is an intensive bilingualacademic program held in Ottawa thatimmerses students in the world of politics. It is offered annually to 600 high-school orCegep graduates from across Canada.

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In 2011, Genworth Canada paid more than $150M in Corporate Income Tax and PremiumTax to the Federal and Provincial governments.

NEWFOUNDLAND

PRINCE EDWARD ISLAND

NOVA SCOTIA

NEW BRUNSWICK

MANITOBA

SASKATCHEWAN

BRITISH COLUMBIA

YUKON

NORTHWEST TERRITORIES

NUNAVUT

QUÉBEC

ONTARIO

ALBERTA

FEDERAL

TOTAL

352,068

32,992

436,454

233,156

364,205

851,492

2,747,409

15,087

7,577

26

2,965,926

6,237,902

3,595,053

-

17,839,346

1,421,941

163,889

1,951,636

906,098

1,652,565

3,068,634

8,708,534

80,555

32,783

163

14,027,393

27,550,671

12,896,583

78,186,076

150,647,521

PREMIUM TAX

1,069,873

130,898

1,515,182

672,942

1,288,359

2,217,142

5,961,125

65,468

25,207

137

11,061,467

21,312,769

9,301,530

78,186,076

132,808,175

INCOME TAXPROVINCE TOTAL

Helping fund the top priorities of Canadians

Genworth Canada – Tax Payments (for the year ended December 31, 2011)

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Building Leadership Skills

To help our employees achieve their careergoals, we offer:

� Leadership Training and Development:We provide ongoing leadershipdevelopment courses that focus on:communicating vision and direction, setting goals, giving performance feedback, coaching, supporting employeedevelopment, reward and recognition, and demonstrating respect. This trainingenhances our managers’ leadership skills to the ultimate benefit of the organization.

� Manager Assimilation:At Genworth Canadawe have successfully used a New ManagerAssimilation process to integrate recentlyappointed managers with their direct reports.This facilitated half-day session can compressmonths of getting to know a new manager toa few short hours. This results in teams quicklybecoming productive after a managementchange.

� Performance Management:GenworthCanada’s annual review process is anopportunity for employees to inventory their core competencies and get usefulfeedback from managers.

� Goal Setting:An annual process to ensureour leaders understand and develop theirown individual objectives that link to thefunctional, business and organizational goals of the Company.

Providing a great place to workAt Genworth Canada, we believe accountability is a two-way street: we expect our employeesto do the best job they can; and in return, we believe we are accountable to offer them arewarding work environment where they are compensated fairly with competitive pay andbenefits, opportunities for growth, and the highest level of respect for their work-life balance.

Supporting Development

We believe in providing a positive, inclusiveenvironment for our employees that promotesgrowth and inspires performance. This is whyGenworth Canada offers competitive salaries,benefits, programs and resources that reinforceour commitment to continuous learning andprofessional development. Some of theprograms and resources include:

� The Genworth Development Centre, whichserves as the learning and organizationaleffectiveness centre for all Genworth Canadaemployees, providing career developmentassistance as well as self-guided learning,training, mentoring and resources.

� Competency models, which help define theskills and knowledge employees need tosucceed. The models assist employees inplanning career paths, assessing currentcompetencies, and preparing for future job growth.

� E-learning courses, which allow employees to take online courses in a quiet andcomfortable setting.

� A comprehensive tuition reimbursementprogram, which reimburses employees foreligible costs of completing courses in a postsecondary degree program that preparesthem for advancement in their field atGenworth Canada.

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Enhancing Well-Being

At Genworth Canada, we commit to ouremployees that we will do our part to help them achieve and maintain healthy lifestylesand to respect and support their right to enjoy a rewarding and manageable work-life balance.In support of a balanced life, Genworth Canadaoffers the following programs:

� A comprehensive benefits package, whichincludes medical and dental care, life andaccident insurance, disability coverage andaccess to an employee assistance program.As well, employees are offered a pensionplan and a stock savings plan that worktogether to support their financial goals.

� Fitness reimbursement, which in most cases sees Genworth Canada contributing 50 per cent of the cost of an employee’sfitness program.

� An employee assistance program, whichprovides confidential support, advice andresources that help employees deal withpersonal issues.

� A commitment to work/life balance, whichallows employees to work remotely, jobshare, or opt for part-time employment.

� A special benefit, which offers new parents a grant of up to $500 to help them with thecosts of having a new baby.

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In 2011, Genworth Canada employed 259 full-time and 10 part-timeemployees across the country:

Regional Full- Part-breakdown: time time

Alberta 8

British Columbia 6

Manitoba 1

New Brunswick 1

Newfoundland and Labrador 1

Nova Scotia 3

Ontario 213 9

Québec 25 1

Saskatchewan 1

Yvonne Burghardt-McEwan

Financial Controller, 6 years of service

Yvonne was the maindriver in the successfultransformation of theCompany’s financialstatements to conformwith IFRS. This projectwas a significantundertaking, requiringextensive research andunderstanding ofaccounting principles.Because of Yvonne’s

efforts, the Company’s transition to IFRS was seamless.

Chairman’s Award RecipientsThe annual Chairman’s Award of Excellence recognizes Genworth Canada employees whoconsistently work within their teams to maximize business performance while focusing onthe customer and providing innovative solutions.

Jay Iyer

Senior Risk Analyst, 8 years of service

Jay played aninstrumental role inseveral high-priorityanalytical projects. She consistently wentabove and beyond to achieve her goals.Her portfolio analyticalwork providedmanagement with thenecessary detail toadequately explain

results to investors and our Board. Jay alsoacted as a coordinator for our Habitat forHumanity involvement.

Jason Neziol

VP, Regional Sales, Ontario & GTA, 12 years of service

Jason was extremelyeffective in managingthe Ontario Regionduring 2011 andkeeping his sales team focused on thenecessary activities to grow our businessand support lendersthrough servicing,training and visibility.He has continued to

deepen relationships with senior levelcustomers and is responsible for several new high-profile relationships.

Kimberley Oroszy

Senior Escalation Officer, 12 years of service

Kimberley worksclosely with our sales teams and our customers to find solutions tochallenging mortgageapplications. Shecontinually providesoutstanding customerservice while balancingthe needs of thebusiness. Her efforts

have made a tremendous contribution to ourbusiness by improving the decision-makingprocess.

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Genworth MI Canada Inc.

2060 Winston Park Drive

Suite 300

Oakville, Ontario L6H 5R7

Tel: 905-287-5300

Fax: 905-287-5472

www.genworth.ca