AIA is making a HK$30 million donation to Yan Oi Tong through AIA Foundation to offer emergency support to the elderly and the underprivileged who are impacted by the pandemic. The donation will support the "Fighting the Virus" Programme of the "Yan Oi Tong Love Elderly Card" Scheme to provide prompt and targeted support for 10,000 elderly living alone and the underprivileged. Apart from distributing pandemic care packs, Yan Oi Tong will also provide them with various timely support, including medical services, home care services, and purchase of health products and daily necessities for home delivery, to ensure their critical needs are duly met amid the pandemic.

Mr. Alger Fung, Chief Executive Officer of AIA Hong Kong & Macau and Director of AIA Foundation, said, "The fifth wave of COVID-19 has dealt a severe blow to the community. AIA fully understands that the elderly and underprivileged are among the most vulnerable segments. We are therefore making a donation to Yan Oi Tong via AIA Foundation to provide 10,000 elderly and disadvantaged people with concrete and timely support, and to prove that they are not being neglected. Deeply rooted in Hong Kong, AIA will closely monitor the development of the pandemic and introduce anti-COVID measures in a timely manner to support the general public on all fronts. Despite the current raging situation, we believe that by standing together, we will rise to the challenge and come out stronger. Every cloud has a silver lining."

AIA has already introduced a number of anti-COVID support initiatives earlier. These include implementing a Special Claim Arrangement for Hospital Cover¹ for eligible customers diagnosed with COVID-19, extending the Cover to include the community treatment facilities designated by the Hospital Authority²; offering "Telemedicine Service"³ to selected customers, staff and financial planners in Hong Kong; and providing Rapid Antigen Test (RAT) Kits to all financial planners and staff based in Hong Kong. The Company will introduce more support measures in a timely manner in response to the development of the pandemic and the needs of different sectors of the community.

AIA Group Limited established its operations in Hong Kong in 1931. To date, AIA Hong Kong and AIA Macau have close to 19,000 financial planners¹, as well as an extensive network of brokerage and bancassurance partners. We serve over 3.4 million customers², offering them a wide selection of professional services and products ranging from individual life, group life, accident, medical and health, pension, personal lines insurance to investment-linked assurance schemes with numerous investment options. We are also dedicated to providing superb product solutions to meet the financial needs of high net worth customers.

AIA Foundation was established in 1995 with the mission to create shared value by promoting charitable activities and driving social and economic development. Affirming its long-term commitment to investing and nurturing our children and youth, AIA Foundation strives to cultivate a healthier and more productive future human capital for Hong Kong. Through a wide variety of activities promoting physical, mental and financial health, and in pursuit of its charitable objectives, AIA Foundation is committed to helping people live Healthier, Longer, Better Lives, while actively supporting the less privileged by means of financial assistance and other charitable events to contribute to the community at large.