#1PRUDENTIAL Prudential plc Insight Prudential: Opportunities in Indonesia 4 April 2022#2Forward Looking Statements This presentation may contain 'forward-looking statements' with respect to certain of Prudential's (and its wholly and jointly owned businesses') plans and its goals and expectations relating to its future financial condition, performance, results, strategy and objectives. Statements that are not historical facts, including statements about Prudential's (and its wholly and jointly owned businesses') beliefs and expectations and including, without limitation, statements containing the words 'may', 'will', 'should', 'continue', 'aims', 'estimates', 'projects', 'believes', 'intends', 'expects', 'plans', 'seeks' and 'anticipates', and words of similar meaning, are forward-looking statements. These statements are based on plans, estimates and projections as at the time they are made, and therefore undue reliance should not be placed on them. By their nature, all forward-looking statements involve risk and uncertainty. A number of important factors could cause Prudential's actual future financial condition or performance or other indicated results of the entity referred to in any forward-looking statement to differ materially from those indicated in such forward-looking statement. Such factors include, but are not limited to, the impact of the ongoing Covid-19 pandemic, including adverse financial market and liquidity impacts, responses and actions taken by governments, regulators and supervisors, the impact on sales, claims and assumptions and increased product lapses, disruption to Prudential's operations (and those of its suppliers and partners), risks associated with new sales processes and technological and information security risks; future market conditions (including fluctuations in interest rates and exchange rates, inflation (including interest rate rises as a response) and deflation, the potential for a return to a sustained low-interest rate environment, the performance of financial markets generally and the impact of economic uncertainty (including as a result of geopolitical tensions and conflicts), asset valuation impacts from the transition to a lower carbon economy and derivative instruments not effectively hedging exposures arising from product guarantees); global political uncertainties, including the potential for increased friction in cross-border trade and the exercise of executive powers to restrict trade, financial transactions, capital movements and/or investment; the policies and actions of regulatory authorities, including, in particular, the policies and actions of the Hong Kong Insurance Authority, as Prudential's Group-wide supervisor, as well as the degree and pace of regulatory changes and new government initiatives generally; given its designation as an Internationally Active Insurance Group ("IAIG"), the impact on Prudential of systemic risk and other group supervision policy standards adopted by the International Association of Insurance Supervisors; the physical, social and financial impacts of climate change and global health crises on Prudential's business and operations; the impact of not adequately responding to environmental, social and governance issues (including not properly considering the interests of Prudential's stakeholders or failing to maintain high standards of corporate governance); the impact of competition and fast-paced technological change; the effect on Prudential's business and results from, in particular, mortality and morbidity trends, lapse rates and policy renewal rates; the timing, impact and other uncertainties of future acquisitions or combinations within relevant industries; the impact of internal transformation projects and other strategic actions failing to meet their objectives; the availability and effectiveness of reinsurance for Prudential's businesses; the risk that Prudential's operational resilience (or that of its suppliers and partners) may prove to be inadequate, including in relation to operational disruption due to external events; disruption to the availability, confidentiality or integrity of Prudential's information technology, digital systems and data (or those of its suppliers and partners) including the Pulse platform; any ongoing impact on Prudential of the demerger of M&G plc and the demerger of Jackson Financial Inc.; the increased operational and financial risks and uncertainties associated with operating joint ventures with independent partners, particularly where joint ventures are not controlled by Prudential; the impact of changes in capital, solvency standards, accounting standards or relevant regulatory frameworks, and tax and other legislation and regulations in the jurisdictions in which Prudential and its affiliates operate; and the impact of legal and regulatory actions, investigations and disputes. These and other important factors may, for example, result in changes to assumptions used for determining results of operations or re-estimations of reserves for future policy benefits. Further discussion of these and other important factors that could cause actual future financial condition or performance to differ, possibly materially, from those anticipated in Prudential's forward-looking statements can be found under the 'Risk Factors' heading of Prudential's 2021 Annual Report and the 'Risk Factors' heading of Prudential's 2021 Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission. Prudential's 2021 Annual Report and Form 20-F are available on its website at www.prudentialplc.com. These factors are not exhaustive as Prudential operates in a continually changing business environment with new risks emerging from time to time that it may be unable to predict or that it currently does not expect to have a material adverse effect on its business. Any forward-looking statements contained in this presentation speak only as of the date on which they are made. Prudential expressly disclaims any obligation to update any of the forward-looking statements contained in this presentation or any other forward-looking statements it may make, whether as a result of future events, new information or otherwise except as required pursuant to the UK Prospectus Rules, the UK Listing Rules, the UK Disclosure Guidance and Transparency Rules, the Hong Kong Listing Rules, the SGX-ST Listing Rules or other applicable laws and regulations. Cautionary Statements This presentation does not constitute or form part of any offer or invitation to purchase, acquire, subscribe for, sell, dispose of or issue, or any solicitation of any offer to purchase, acquire, subscribe for, sell or dispose of, any securities in any jurisdiction nor shall it (or any part of it) or the fact of its distribution, form the basis of, or be relied on in connection with, any contract therefor. 2#3Nic Nicandrou Michellina Laksmi Triwardhany Omar Sjawaldy Anwar CEO of Asia & Africa CEO of Prudential Life Assurance Indonesia President Director Prudential Sharia Life Assurance#4Prudential plc Agenda Interview Q&A session 20 minutes 30 minutes 4#5Prudential plc Indonesia: Resilience supported by broadening & strengthening capabilities Growth amid challenging backdrop +37% Increase in standalone protection policies Linked savings Standalone protection Broadened 2018 product ranges +19% Increase in Sharia new policies Linked protection +33% Increase in Group business APE Momentum despite peak Covid cases in Jun/Jul +17% +8% +5% Linked savings Other Linked protection 1Q21 2Q21 3Q21 4Q21 2021 Total NBP, $m Standalone protection (21)% Diversification of sales product mix 158 125 2021 Enhancing distribution capabilities ~16k Policies sold D2C, incl. 13k via OVO 29k Agents closing sales via PruForce¹ +25% Growth in banca NBP 2020 New business profit, $m 321k +7% New policies sold Note: Data as of FY21 and growth rates on a constant exchange rate basis unless otherwise stated. 1. Involving PruForce (activity management system) hosted on Pulse. 5#6Prudential plc Reinforced leadership in Sharia and Takaful Broadening access to new customers 240m Muslims in SE Asia Favourable demographics #1 Malaysia Takaful 30% market share 18k agents; +18% Indonesia Sharia 29% market share 143k agents; +11% Leading position High quality resilient growth +19% 143 2020 CER¹ 170 2021 Contribution to total Indonesia APE sales Sharia and Takaful APE, $m +72% Building on our leadership in Sharia & Takaful Enrich customer engagement PRUCerah 1st Sharia compliant education plan in market PRUCinta Traditional Sharia 13% FY21 1. Growth rates on a constant exchange rate (CER) basis. Driving increased productivity +20% 1.37 1.65 2020 2021 Increase in no. of customers, m pulse by Prudential Bite-size low-cost digital products & services Providing affordable & accessible healthcare 787 459 2020 2021 No. of new Sharia and Takaful policies (,000) 9#7Prudential plc Indonesia Opportunity set in the market Platform to capture opportunities Insurance penetration¹ 1.4% Market ranking6 2nd Agency7 M Population² 274m GDP growth³ (%) 5.7% Market share6 10% Banca Health & protection gap+ $1,230 No. of customers7 1.5m GDP per capita5 $4,225 Digital pulse by Prudential Financials H&P APE mix7, % APE, $m IFRS operating profit, $m 198.1k Standard Chartered || UOB 大半銀行 NBP, $m Embedded value, $bn 71% 383 390 589 555 540 519 224 227 2.7 2.6 315 446 2.2 267 252 163 155 125 2017 2018 2019 2020 2021 2017 2018 2019 2020 2021 2017 2018 2019 2020 2021 2019 2020 2021 1. Source: Swiss Re Institute; Sigma No 3/2021: World insurance - life insurance penetration (premiums as a percentage of GDP in 2020). 2. United Nations, Department of Economic and Social Affairs, Population Division, World Population Prospects 2019 Revision (2020 estimates). 3. Real GDP growth rate between 2021 and 2026. Source: IMF (October 2021). 4. Source: Swiss Re Institute: The health protection gap in Asia, October 2018. Average gap per household is calculated as 'total health protection gap divided by estimated number of households hospitalised under the mentioned gap range'. 5. Source: IMF (October 2021). 6.Ranking and market share based on weighted new business premium. On a total weighted premium basis, ranked 1st with a market share of 20% 7. As at 31 December 2021. 8. On an actual exchange rate basis. 7