2021 Results and Financial Review

Strategic flexibility from strong capital position SII cover ratio¹ Capital framework Total: £4.75bn capital return Capital c.180% Existing £1bn (11)% share buyback (41)% Centre liquidity c.£1.5bn 202% (11)% 191% 186% Leverage <30% (1)% (5)% 244% FY20 FY21 B Share Scheme² Further One-off £1bn debt pension reduction payment Pro forma estimated at FY21 All footnotes on pages 64-66 Pro forma SII debt leverage: 28% Pro forma centre liquidity: £1.7bn Maintain AA credit rating metrics Expected impact of Succession acquisition Adjusted for Succession Surplus capital above 180% available for: Investment in the business Bolt-on M&A - Return to shareholders over time AVIVA 16

View entire presentation