AIA ANNOUNCES REGIONAL WINNERS OF THE AIA HEALTHIEST SCHOOLS COMPETITION

HONG KONG,July 5,2023 -- AIA Group Limited ("AIA" or the "Group"; stock code: 1299) is delighted to announce the regional winners of the first AIA Healthiest Schools Competition. The initiative fosters active lifestyles,mental wellbeing and healthy eating habits among primary and secondary school students in Asia.

From left to right Ben Ng,AIA Malaysia Chief Executive Officer,Jayne Plunkett,AIA Group Chief Risk Officer,Yang Berhormat Puan Fadhlina Sidek,Minister of Education of Malaysia; representative of the Daroonwittaya School in Thailand winner of the AIA Healthiest Schools Competition in the primary school category and Stuart Spencer,AIA Group Chief Marketing Officer.

The programme comprises a competition to motivate schools to showcase their impact and success in driving better health outcomes amongst students. The competition serves as a platform for schools to build communities that share best practices and new ideas around promoting health and wellness within the school setting.

A total of 744 primary and secondary schools across Australia,Hong Kong(1),Thailand and Vietnam registered for the programme during the 2022/2023 academic year.

Stuart A. Spencer,AIA Group Chief Marketing Officer,said,"As the leading pan-Asian life and health insurer,the wellbeing of our communities is extremely important to AIA. We are proud of the early success of the initiative,and we will continue to accelerate our vision to create the largest community of schools,parents,and students that instils lifelong healthy behaviours in the region. The AIA Healthiest Schools competition furthers AIA's ambition to engage,educate and inspire a billion people to live Healthier,Longer,Better Lives by 2030."

The regional winners were announced at an awards ceremony attended by Malaysia's Minister of Education and other stakeholders from the education sector. The winning entries were judged on the breadth of their work,level of engagement with staff and students,impact and future plans.

"We are delighted to recognise the winners of the first AIA Healthiest Schools competition. After careful evaluation,Daroonwittaya School from Thailand and Alpha School from Vietnam won in the primary and secondary school categories respectively," concluded Spencer.

Daroonwittaya School in Thailand - Regional Primary School Competition Winner

Daroonwittaya Schoolstood out for the breadth of health and wellness activities that the school conducted. The schoolapproached health and wellbeing holistically through nutrition,physical fitness,mental wellbeing and sustainability,with enthusiastic participation by the students.

Alpha School in Vietnam - Regional Secondary School Competition Winner

Alpha School was recognised for the creative manner in which they focused on the mental wellbeing of their students through immersive workshops. Their "School of Wellbeing" exhibition addressed health issues facing children in an innovative and impactful way.

To find out more about the winning schools and to register for the next phase of the programme,visit ahs.aia.com.

Notes:

(1) Hong Kong SAR refers to the Hong Kong Special Administrative Region.

(2) Macau SAR refers to the Macau Special Administrative Region.

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 – wholly-owned branches and subsidiaries in Mainland China,Hong Kong SAR(1),Thailand,Singapore,Malaysia,Australia,Cambodia,Indonesia,Myanmar,New Zealand,the Philippines,South Korea,Sri Lanka,Taiwan (China),Vietnam,Brunei and Macau SAR(2),and a 49 per cent joint venture in India. In addition,AIA has a 24.99 per cent shareholding in China Post Life Insurance Co.,Ltd.

The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$303 billion as of 31 December 2022.

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,AIA serves the holders of more than 41 million individual policies and over 17 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").