AMERICAN INTERNATIONAL GROUP, INC.

SOURCES

Liquidity to AIG Parent from Subsidiaries

During the six months ended June 30, 2025, our General Insurance companies distributed dividends of $1.4 billion to AIG Parent or applicable intermediate holding companies.

Sales of Corebridge Shares by AIG(a)

In May 2025, we sold approximately 13 million shares of Corebridge common stock at a per share purchase price of $32.15. The aggregate proceeds to AIG Parent were approximately $430 million.

Debt Issuance

In May 2025, AIG issued $625 million aggregate principal amount of 4.850% Notes Due 2030 and $625 million aggregate principal amount of 5.450% Notes Due 2035.

USES

General Borrowings

During the six months ended June 30, 2025, $1.1 billion of debt categorized as general borrowings matured, was repaid and/or redeemed, including:

•Repayment of ¥37.7 billion aggregate principal amount of AIG Japan Holdings Kabushiki Kaisha's borrowings, equivalent to approximately $250 million at the time of repayment.

•Repurchase, through cash tender offers, approximately$457 million aggregate principal amount of certain notes and debentures issued by AIG for an aggregate purchase price of approximately$448 million.

•Redemption of approximately$236 million aggregate principal amount of our 3.900% Notes Due 2026 for a redemption price of 100 percent of the principal amount, plus accrued and unpaid interest.

•Repayment of $146 million aggregate principal amount of our 2.500% Notes due June 30, 2025.

We made interest payments on our general borrowings totaling $196 million during the six months ended June 30, 2025.

Dividends

We made cash dividend payments in the amount of $0.45 per share on AIG Common Stock for the three months ended June 30, 2025 (an increase of 12.5 percent from prior dividend payments), and$0.40 per share for the three months ended March 31, 2025, totaling$488 million.

Repurchases of Common Stock(b)

During thesix months ended June 30, 2025, AIG Parent repurchased approximately 50 million shares of AIG Common Stock, for an aggregate purchase price of approximately $4.0 billion.

(a)On August 6, 2025, AIG launched a secondary public offering to sell 30 million shares of Corebridge common stock at a public offering price of $33.65 per share, corresponding to approximately $1.0 billion of gross proceeds, and has granted a 30-day option to the underwriter to purchase up to an additional 4.5 million shares. The offering is expected to close on August 8, 2025.

(b)Pursuant to a Securities Exchange Act of 1934 (the Exchange Act) Rule 10b5-1 repurchase plan, from July 1, 2025 to August 1, 2025, AIG Parent repurchased approximately 6 million shares of AIG Common Stock for an aggregate purchase price of approximately $467 million.