AIA Regional Equity Fund

1 AIA Regional Equity fund July 2022 Investment ObjectiveThis fund is managed to provide long-term capital appreciation by investing in Equity securities of Asian (ex Japan) companies. The fund may investin listed equities, warrants, options, convertible bonds and other Equity -linked instruments. Key fund Facts (As of 31 July 2022) Launch Date2 September 1997 Launch PriceSGD of ILP Sub-FundFIL Investment Management (Singapore)LimitedName of Underlying fund (s)Fidelity Funds - Asian Equity FundManager(s) of UnderlyingFund(s)FIL fund Management LimitedRisk ClassificationHigher Risk SubscriptionCash, CPF(OA) and SRSS ales Charge (For Cash andSRS)Up to 5%*Sales Charge (for CPF OA orSA)0% (wef 1 Oct 2020)Pricing FrequencyDailyManagement of Net Asset ValueBidSGD SizeSGD 1, Performance (As of 31 July 2022) Period1 Month3 Months6 Months1 Year3 Year^5 Year^10 Year^SinceInception^ fund (bid-to-bid)

2 AIA Regional Equity fund -1301003305607901020 Sep-97 Sep-98 Sep-99 Sep-00 Sep-01 Sep-02 Sep-03 Sep-04 Sep-05 Sep-06 Sep-07 Sep-08 Sep-09 Sep-10 Sep-11 Sep-12 Sep-13 Sep-14 Sep-15 Sep-16 Sep-17 Sep-18 Sep-19 Sep-20 Sep-21 Jul-22 AIA Regional Equity fund BenchmarkSource: AIA Singapore Notes (1) Performance of the fund is in SGD on a bid to bid basis with net dividends reinvested,without taking into consideration the fees and charges payable through deduction of premium orcancellation of units (2) ^ denotes annualised returns (3) Current Manager: FIL InvestmentManagement (Singapore) Limited (wef 27 June 2011) (4) Current benchmark: MSCI All CountryAsia ex Japan Index ( 1 October 2014) (5) Previous benchmark: MSCI All Country Far EastFree ex Japan DTR Net Index (Inception to 30 September 2014) Past Performance is not necessarily indicative of future performance.

3 Sector Allocation (%) (As of 31 July 2022) Country Allocation (%) (As of 31 July 2022) 10 20 30 40 UTILITIESENERGYREAL ESTATECOMMUNICATION SERVICESMATERIALSHEALTH CARECONSUMER STAPLESINDUSTRIALSUNINVESTED CASHCONSUMER DISCRETIONARYINFORMATION TECHNOLOGYFINANCIALS KINGDOMINDONESIATHAILANDSINGAPOREUNINVES TED CASHTAIWANKOREA (SOUTH) hong KONGINDIACHINA Source: FIL Investment Management (Singapore) Limited, Information from the underlying FidelityFunds - Asian Equity fund Top Holdings (As of 31 July 2022) Holdings (%)TAIWAN SEMICONDUCTOR MFG CO GROUP ELECTRONICS CO BANK BANK kong EXCH & CLEARING ENT GROUP OVERSEAS BANK : FIL Investment Management (Singapore) Limited, Information from the underlyingFidelity Funds - Asian Equity fund Manager s Commentary (As of 31 July 2022) Market ReviewEquities ended lower in July.

4 However, the strong performance of Indian and other Regional markets was offset by weakness in the real estate sectorin China. The dependency of Regional Asian economies on imported oil and gas led to rising inflationary pressures as the continued Russia-Ukrainecrisis and global supply-chain constraints intensified high prices in the resources sectors. In this environment, information technology (IT), materialsand utilities outperformed, while consumer discretionary, real estate and communication services were the notable ReviewThe fund outperformed the index over the month. Security selection in the financials sector, notably positions in Indian banks contributed to the backdrop of favourable foreign inflows for Indian equities and rising interest rate environment, private lenders Axis Bank, ICICI Bank andHDFC Bank added notable value.

5 Shares in these banks were also supported by robust quarterly results, led by significant growth within the retail andcommercial banking lending segment. Regional heavyweight technology names made a comeback after correcting significantly so far this year amidweaker demand and rising concerns over a potential recession. Moreover, with fears around monetary policy tightening by the Fed bottoming out,semiconductor chip-maker Samsung Electronics gained in line with its western counterparts. Elsewhere, an underweight position in e-commerce giantAlibaba Group Holding added value. Shares in the company came under pressure following reports of a data breach. Conversely, the allocation toinsurer AIA Group held back performance as strict COVID-19 restrictions across China slowed down its business in China and in hong , the company is well positioned to embrace the development of the Asian insurance market in the long run with its differentiatedbusiness strategy and a proven track record in its management and execution.

6 The recent COVID-19 resurgence in some regions of China in July ledto weakened discretionary spending and overall reduced demand. Against this backdrop, Chinese consumer names including online services platformMeituan detracted as macro concerns weighed on consumer general macroeconomic backdrop is quite challenging. We continue to monitor developments closely and assess broader trends that are arisingout of the geopolitical stress. The most immediate impact is the rising oil prices and inflationary pressures for energy importers in A shares are trading at attractive valuations following a recent selloff. Moreover, investor sentiment is positive amid easing regulatoryrestrictions and the reopening of China. Meanwhile, India stands to gain from favourable demographics, but equities are trading at high a sustainability perspective, Asian companies will continue to improve ESG-related disclosures and improve their sustainability practices tocatch-up to the standards demonstrated by their developed market peers.

7 This structural trend will continue to create investment opportunities as wepick such companies early in their sustainability evolution to generate a longstanding investor in Asia and emerging markets, and in line with our bottom-up investment approach, it is important to identify high-qualitygrowth companies with strong pricing power that can successfully adapt, improve the sustainability of their business models and continue to companies will be able to create long-term : FIL Investment Management (Singapore) Limited *Please refer to the Product Summary applicable to the investment-linked policy which you have purchased or intend to purchase for these applicable fees and charges. AIA Regional Equity fund is an investment-linked policy (ILP) fund offered by AIA Singapore Private Limited ( AIA Singapore ) and is only available under AIA Investment-Linked Policies.

8 AIAS ingapore is the product provider. This fact sheet is prepared by AIA Singapore and the information presented is for informational use only. Investments are subject to investment risks including thepossible loss of the principal amount invested. Past performance, as well as the prediction, projection or forecast on the economy, securities markets or the economic trends of the markets are notnecessarily indicative of the future or likely performance of the ILP funds. The performance of the ILP funds is not guaranteed and the value of the units in the ILP funds and the income accruing to theunits, if any, may fall or rise. A product summary relating to the ILP funds is available and may be obtained from your AIA Financial Services Consultant. A potential investor should read the productsummary before deciding whether to subscribe for units in the ILP funds.

9 AIA Singapore does not warrant or make any representations regarding the use or the results of the use of the figuresgenerated in terms of their correctness, accuracy, reliability, or otherwise. E. & O. E. AIA Singapore Private Limited (Reg )1 Robinson Road, AIA Tower, Singapore 048542 Monday - Friday: AIA Customer Care Hotline: 1800 248 8000