Investor Presentaiton

Strong Momentum in 2H22, Well-Positioned for Growth Multiple Growth Engines ■ MAINLAND CHINA ■ HONG KONG ASEAN INDIA Double-digit VONB growth pre-Omicron (1) VONB growth YoY in Jan-Feb 23 Unique advantage to capture full growth potential VONB growth in 2022, building momentum #1 in Agency and gaining market share Well-positioned for sustained MCV business ■ 13% VONB growth in 2H22 #1 in ASEAN, major driver of 2H VONB growth #1 Premier Agency, leading domestic partners 52% VONB growth in 2022 # 3 private life insurer, #1 retail protection Fastest growing life insurer Unmatched Financial Flexibility STRONG, RESILIENT BALANCE SHEET $17.9b free surplus, up in 2022 283% Group LCSM cover ratio GROWING FREE SURPLUS GENERATION ATTRACTIVE NEW BUSINESS RETURNS CONSISTENT CASH GENERATION SUPERIOR SHAREHOLDER RETURNS |: |: AIA $6.0b UFSG in 2022 $60.8b free surplus generation since IPO >20% IRR on new business investment 3-year payback period $4.3b capital flows to Group in 2022 $10.7b Holding Co. financial resources Total DPS up 5.3% to 153.68 HK cents $10.0b share buy-back programme Note: (1) Jul to Nov 2022 YoY VONB growth 13

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