2021 VONB Performance and Strategic Highlights

All Segments Grew VONB on Comparable Basis Malaysia 8% Other Markets 14% Group ex-Hong Kong above 2019 level (1) Mainland China Mainland China 30% 2021 VONB $1,108m +10%(¹) Singapore 10% $3,366m +18% Thailand 17% Hong Kong $756m +37% Thailand $609m +34% Singapore Malaysia $356m $283m Hong Kong 21% +6% +26% Notes: VONB by geographical market is based on local statutory reserving and capital requirements, before the deduction of unallocated Group Office expenses and non-controlling interests (1) Before the impact of 5% withholding tax applied to VONB in AIA China since July 2020 (2) Growth rate excluding one-off contribution to VONB in Australia in 1Q2020, as previously disclosed Other Markets $511m (2) +1%2 AIA 15

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