Investor Presentaiton

EV Equity 2.9x Since IPO; Track Record of Profitable Growth EV Equity ($b) 24.9 2.9x + 68.4 71.2 2010 2022 24.9 EV Equity Movement Since IPO ($b) Group EV Equity End of 2010 Expected Return on EV and VONB Net of Finance Costs (3.2) (0.1) 90.0 (18.8) Variances and Economic Assumption Changes Exchange Rates and Other Items Group EV Equity Before Returns to Shareholders Returns to Shareholders AIA 71.2 Group EV Equity End of 2022 21 21

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