Aviva : Shareholder update - September 2023

Dear Shareholder

Welcome to our autumn update. I'm delighted to report that your business continues to go from strength to strength.

As you can read in more detail below, our half year results once again extended our recent track record of consistent, profitable growth. The positive performance across the group reinforces our conviction that our strategy, and our deliberately diversified business model, is the right one for Aviva.

This strong trading momentum, combined with our financial strength and our continued focus on efficiency, means that we are set to exceed our targets as well as being able to invest a billion pounds back into the business, just as we said we would. It also means that we can continue to grow our dividend and deliver regular, sustainable returns for you as shareholders.

Given this strong momentum, it is disappointing that this has not been reflected in our recent share price performance, which has been impacted by external factors. We though, remain focused on continuing to drive strong performance. That means continuing to execute really well, delivering growth, together with further reliable and consistent financial performance.

As ever, this update also covers some of our recent work on sustainability. This month we focus on two initiatives to protect and enhance the U.K.'s biodiversity. I'd also like to draw your attention to the advice and information on how to protect yourselves from potential scammers. I hope you find it useful.

Thank you once more for your continued interest in and support for Aviva.

George Culmer - Chair