AIA Delivers Excellent Results

HONG KONG, 24 July 2015 – The Board of Directors of AIA Group Limited (stock code: 1299) is pleased to announce that AIA delivered another strong set of results for the six months ended 31 May 2015.

The main highlights of the results are:

Excellent growth in value of new business (VONB)

•  VONB of US$959 million, up 21 per cent; up 25 per cent on constant exchange rates (CER)
•  Annualised new premiums (ANP) of US$1,878 million, up 11 per cent; up 15 per cent on CER
•  VONB margin of 50.2 per cent, up 4.0 pps

Strong increase in IFRS operating profit

•  IFRS operating profit after tax (OPAT) of US$1,630 million, up 12 per cent; up 15 per cent on CER
•  Net profit up 41 per cent to US$2,180 million; up 45 per cent on CER

Sustainable value creation and robust capital position

•  Free surplus of US$8.3 billion, up 7 per cent over the first half
•  Free surplus generation of US$2.1 billion
•  30 per cent increase in net remittances to US$1.0 billion
•  EV Equity of US$40.5 billion, up 4 per cent over the first half
•  EV of US$38.6 billion, up 4 per cent over the first half
•  Solvency ratio for AIA Co. increased by 26 pps to 453 per cent on the HKICO basis

Increased interim dividend

•  17 per cent increase in interim dividend to 18.72 Hong Kong cents per share

Mark Tucker, AIA’s Group Chief Executive and President, said:

“AIA has delivered another strong performance in the first half of 2015. VONB growth is 25 per cent on a constant exchange rate basis, which more clearly reflects the underlying performance of the business during the recent period of foreign exchange volatility.

“Our disciplined approach to the management of our in-force business has enabled us to achieve a strong increase in IFRS operating profit and maintain our resilient solvency position. Our financial results continue to demonstrate the value of the consistent execution of our well-established growth strategy and our exclusive focus on the Asia-Pacific region.

“The region continues to present enormous growth opportunities for AIA. Ongoing urbanisation and rising disposable incomes, coupled with low provision of social welfare benefits, will continue to fuel the substantial and growing need for healthcare, protection and long-term savings products. AIA is exceptionally well-positioned to make the most of these opportunities.

“The Board has declared a 17 per cent increase in the interim dividend, a clear reflection of the health of AIA’s business, our strong financial results and our confidence in the future prospects for the Group. The power of AIA’s franchise, the breadth of our product range, our trusted brand and unrivalled financial strength will enable us to continue to generate sustainable value for our customers and shareholders.”

About AIA

AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets in Asia-Pacific – wholly-owned branches and subsidiaries in Hong Kong, Thailand, Singapore, Malaysia, China, Korea, the Philippines, Australia, Indonesia, Taiwan, Vietnam, New Zealand, Macau, Brunei, a 97 per cent subsidiary in Sri Lanka, a 26 per cent joint venture in India and representative offices in Myanmar and Cambodia.

The business that is now AIA was first established in Shanghai over 90 years ago. It is a market leader in the Asia-Pacific region (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$172 billion as of 31 May 2015.

AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia-Pacific, AIA serves the holders of more than 29 million individual policies and over 16 million participating members of group insurance schemes.

AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code “1299” with American Depositary Receipts (Level 1) traded on the over-the-counter market (ticker symbol: “AAGIY”).

Contacts

APPENDIX

Financial Summary

¹ Comparatives for balance sheet items are shown at 30 November 2014.

This document contains forward-looking statements relating to AIA Group Limited that are based on the beliefs of the Group’s management as well as assumptions made by and information currently available to the Group’s management. These forward-looking statements are, by their nature, subject to significant risks and uncertainties. When used in this document, the words “will”, “future” and similar expressions are intended to identify forward-looking statements. You are strongly cautioned that reliance on any forward-looking statements involves known and unknown risks and uncertainties. Actual results and events may differ materially from information contained in the forward-looking statements.

This document is for information purposes only and does not constitute an invitation or offer by any person to acquire, purchase or subscribe for securities. This document is not, and is not intended to be, an offer of securities for sale in the United States. The securities of AIA Group Limited have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”) and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements under the U.S. Securities Act. There is not, and is not intended to be, any public offering of such securities in the United States.