Strategic Expansion and Growth

Asia invested assets Shareholder-backed debt exposures PRUDENTIAL By geography1, at 30 June 2020 $bn Sovereign debt By credit rating 1,2, at 30 June 2020 $bn Other government bonds Corporate bonds 21% By market: 24% 41% United States Thailand 14% Vietnam 24% Other Total $11bn 1. Totals may not cast as a result of rounding 2. Based on middle rating from Standard and Poor's, Moody's and Fitch. If unavailable, local external rating agencies ratings and then internal ratings have been used 18% 30% 35% 7% 16% Total $1bn 5% 8% Rating: 15% AAA AA A BBB <BBB 42% Total $11bn 33

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