IFRS 17 Adoption & Financial Impact Overview

1. Insurance Service Result New Business Drives Increasing CSM and Future OPAT Growth AIA 52.9 + 6.0 FY22 CSM Movement, Net of Reinsurance ($b) 9.3% CSM Release Rate (1) (5.1) +15.9% + 2.4 61.3 (3.9) (2.1) 55.3 50.2 Opening CSM New Business CSM Expected Return on In-force CSM Variances Before Variances, Exchange Rates and Release Exchange Rates Closing CSM Before Release CSM Release Closing CSM Note: (1) Calculated after variances and exchange rates 6

View entire presentation