AIA Group Limited announced following changes to the composition of the Board committees of the Company ("Board Committees") as part of its ongoing effort to enhance Board effectiveness by rotation of Board Committee chairman and members to bring in new perspectives and skills to the Board Committees, effective from 1 January 2022: Mr. John Barrie Harrison, an independent non-executive director of the Company ("INED") and the Chairman of the Audit Committee of the Company ("Audit Committee"), will retire as Chairman but remain as a member of the Audit Committee; Mr. Cesar Velasquez Purisima, an INED and a member of the Audit Committee, will be appointed as Chairman of the Audit Committee in place of Mr. Harrison, and also appointed as a member of the Risk Committee of the Company ("Risk Committee"); Mr. Jack Chak-Kwong So, an INED and the Chairman of the Remuneration Committee of the Company ("Remuneration Committee"), will retire as Chairman but remain as a member of the Remuneration Committee; Mr. George Yong-Boon Yeo, an INED and a member of the Remuneration Committee, will be appointed as Chairman of the Remuneration Committee in place of Mr. So; Mr. Chung-Kong Chow, an INED and the Chairman of the Risk Committee, will retire as Chairman but remain as a member of the Risk Committee; and Ms. Swee-Lian Teo, an INED and a member of the Risk Committee, will be appointed as Chairman of the Risk Committee in place of Mr. Chow.