General Insurance Financial Overview

Gross investment income (GII), APTI basis* Invested Assets & Gross Investment Income, APTI Basis General Insurance Life and Retirement Gross Investment Income, APTI basis ($M) ■Interest & dividends ■ Alternative investments ■ All other ■ Other adjustments¹ Interest & dividends Alternative investments All other $2,435 $79 $293 $2,411 $17 $374 Other Operations Total AIG $3,377 $135 $3,406 $22 -$82 $812 $605 $1,039 $2,615 $2,534 $1,058 $34 $6 $2,063 $2,020 $452 $535 $59 $22 $553 $517 ($119) $(140) ($41) ($97) ($22) ($1) ($3) 4Q20 4Q21 4Q20 4Q21 4Q20 4Q21 4Q20 4Q21 4Q21 Invested Assets ($B) 81.2 5.0 1.7 194.3 5.1 1.2 10.4 (1.0) 6.1 285.9 9.1 9.0 1) Other adjustments include net realized gains related to economic hedges and other. 2) Interest and dividends include amounts related to commercial mortgage loan prepayments and call and tender income; Life and Retirement annualized yields include yield on collateral related to hedging program. 3) Alternative investment income includes income on hedge funds, private equity funds and affordable housing partnerships. 4Q21 and 4Q20 Annualized Investment Yields 2.91% 2.53% Fixed Maturities² Alternative Investments³ Total Alternative Investments Consolidated AIG Hedge Funds & Private Equity 46.54% 4.41% 4.18% 41.59% 3.82% 3.58% 35.33% 31.60% 35.81% 30.38% 32.08% 35.38% 27.12% 23.76% * Refers to financial measure not calculated in accordance with generally accepted accounting principles (Non-GAAP); definitions and abbreviations of Non- GAAP measures and reconciliations to their closest GAAP measures can be found in this presentation under the heading Glossary of Non-GAAP Financial Measures and Non-GAAP Reconciliations. AIG Copyright 2022 by American International Group, Inc. All rights reserved. No part of this document may be reproduced, republished or reposted without the permission of AIG. General Insurance Life and Retirement Consolidated AIG General Insurance Life and Retirement Consolidated AIG 4Q20 4Q21 ■4Q20 4Q21 Hedge Funds Private Equity 9

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