Investor Presentaiton

Capturing Full Growth Potential of Chinese Life Insurance Market Structural Growth Drivers AIA Group's Unique Growth Advantage in Mainland China Full exposure to the large and highly attractive life and health insurance market Complementary strategy across distribution channels and customer segments 1.4 billion Total Population >900 million Middle Class and Affluent Population by 2030E ~2.4% Life Insurance Penetration AIA AIA China: 100% Ownership ☐ Targeting fast-growing middle class and affluent market segment ☐ 5x increase of target market potential through geographical expansion ■ High-quality and differentiated Premier Agency strategy ☐ Value-focused bancassurance model Comprehensive needs-based protection and long-term savings propositions >$160 billion Potential additional annual life insurance premium required to close the mortality protection gap in Mainland China >$2.8 trillion Annual Healthcare Expenditure Forecast 2030E 中邮保险 CHINA POST INSURANCE China Post Life: 24.99% Equity Strategic Investment ☐ AIA Targeting underpenetrated mass market segment Unmatched scale and reach leveraging PSBC's distribution network Access to ~40,000 retail financial outlets and more than 600m retail customers ☐ Strategic shift to longer-term savings and protection products ☐ Value creation via dedicated joint Technical Assistance Advisory team 38

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