AMERICAN FINANCIAL GROUP INC

Not applicable.

Part II

AFG Common Stock is listed and traded on the New York Stock Exchange under the symbol AFG. There were approximately 4,300 shareholders of record of AFG Common Stock at February 1, 2025.

Issuer Purchases of Equity Securities

AFG did not repurchase any shares of its Common Stock during 2024. As of December 31, 2024, there are 5,729,010 remaining shares that may be repurchased until December 31, 2025 under the Plans authorized by AFG’s Board of Directors in October 2020 and May 2021.

AFG acquired 53,362 shares of its Common Stock (at an average of $126.33 per share) in the first nine months of 2024, 150 shares (at an average of $133.14 per share) in October 2024 and 61 shares (at $136.62 per share) in December 2024 in connection with its stock incentive plans.

Stock Performance Graph

The following graph compares the performance of AFG Common Stock during the five year period from December 31, 2019 through December 31, 2024 with the performance of (i) the S&P 500 Composite Stock Index (“S&P 500 Index”) and (ii) the S&P 500 Property & Casualty Insurance Index. The graph assumes that an initial investment of $100 was made on December 31, 2019 and all dividends were reinvested. The stock price performance presented below is not intended to be indicative of future price performance.

(a)Cumulative total shareholder return measures the performance of a company’s stock (or an index) over time and is calculated as the change in the stock price plus cumulative dividends (assuming dividends are reinvested) over a specific period of time divided by the stock price at the beginning of the time period.

(b)The S&P 500 Property & Casualty Insurance Index included the following companies at December 31, 2024 (weighted by market capitalization): The Allstate Corporation, Arch Capital Group Ltd., Assurant, Inc., Chubb Limited, Cincinnati Financial Corporation, Erie Indemnity Company, The Hartford Financial Services Group, Inc., Loews Corporation, The Progressive Corporation, The Travelers Companies, Inc. and W.R. Berkley Corporation.