SINGAPORE - Media OutReach - 9 April 2021 - AIA Group Limited ("AIA" or the "Company": stock code: 1299) has established AIA VCC, a Variable Capital Company in Singapore as part of its group wide investment programme to facilitate capital deployment globally.

The Investment Manager of AIA VCC is AIA Investment Management Private Limited ("AIAIM") that was established in 2016 as the Group level asset management company and with reported assets under management of SGD178 billion as at the end of 2020.

AIA is now exploring how the recently introduced VCC framework can support AIA's investment programme with particular focus on balance sheet exposure to specialist and alternative investment strategies.