IFRS 17 Impact and OPAT Analysis

Shareholders' Equity Higher and Less Volatile Shareholders' Equity AIA Reconciliation of IFRS Shareholders' Equity from IFRS 4 to IFRS 17 ($b) +6.6 + 4.2 (0.7) 44.7 + 3.0 38.1 IFRS 4 (6.7) IFRS 17 (2.5) Change +4.2 FY22 Net Profit OCI(1) Shareholders' Equity Transitional Impact (1) and Others FY22 Shareholders' Equity IFRS 17 IFRS 4 Notes: Due to rounding, numbers presented in the chart may not add up precisely Excluding unit-linked with significant protection (1) (2) OCI represents fair value reserve and insurance finance reserve; transitional impact excludes impacts from OCI for presentation Other Comprehensive Income (OCI) is smaller and less volatile going forward Continues to include mark-to-market on fixed income assets through the fair value reserve Under IFRS 17 Relates only to non-par business (1) and surplus assets Par business captured within insurance contract liabilities Partially offset by the effect of discount rate changes on insurance contract liabilities that are now included in insurance finance reserve within OCI(2) 15

View entire presentation