Press release
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16 October 2026 Aviva plc Wealth ‘In Focus’ investor and analyst briefing Aviva plc (“Aviva” or the “Group”) is today hosting the next in our series of ‘In Focus’ investor and analystbriefings. Today’s event is focused on Aviva’s Wealth business. The event, which commences at 9:00am (BST), will be hosted by Amanda Blanc, Group CEO, and presented byDoug Brown, CEO, Insurance, Wealth & Retirement, and Michele Golunska, MD Wealth. The UK wealth market is a major growth opportunity and central to Aviva’s long-term strategy. Aviva has delivered a strong performance in its Wealth business since the last Wealth ‘In Focus’ briefing in 2023. Weare on track for our ambition of £280m of Wealth operating profit by 2027 and we expect to achieve greater than£500m by 2032. The UK wealth market is set to grow at more than 10% per annum1. By 2035, the asset pool is expected to reach £7.5tn, with an associated profit pool of around £10bn2.New technology, including the use of AI, and new regulation, such as the Pension Schemes Act 2026 andTargeted Support, are creating exciting new opportunities for growth in a changing UK wealth market.Aviva is uniquely positioned to capitalise on these trends. We are already the number one Wealth player in theUK by assets, with £261bn, and nearly six million Wealth customers. Our trusted brand, unrivalled UKcustomer base of 21.8m, proprietary data and lifetime customer wealth offering give us a clear competitiveadvantage.Aviva has already made strong progress in Wealth. We have delivered a consistently strong performance, drivenby our Workplace and Adviser Platform propositions where we have significant scale, with operating profitdoubling since 2019, and we have an ambition to deliver greater than £500m of Wealth operating profit by2032.In addition, Aviva has potential to deliver further organic growth beyond this, through expanding our DirectWealth, Advice and Targeted Support propositions. Presentation arrangements Today's presentation and analyst Q&A will be live-streamed on www.aviva.com, and a recording will be madeavailable on the website shortly after the event. Presentation slides will be released on Aviva's website shortly beforethe event. Footnotes 1. Net flows and asset growth 2. Aviva analysis of Wealth market data and forecast growth rates based on Fundscape, Broadridge, Platforum and company reporting -ends- LEI: YF0Y5B0IB8SM0ZFG9G81 Enquiries: Media: Andrew Reid +44 (0)7800 694 276Sarah Swailes +44 (0)7800 694 859Alice Constable +44 (0)7350 398 942 Analysts: Michael O'Hara +44 (0)7387 234 388Joel von Sternberg +44 (0)7384 231 238Giles White +44 (0)7385 011 249 Notes to editors
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We are the UK's only diversified insurer and we operate in the UK, Ireland and Canada. We also have international investments in India and China.We help our 25.3 million customers make the most out of life, plan for the future, and have the confidence that if things go wrong we’ll be there to put it right.We have been taking care of people for more than 325 years, in line with our purpose of being ‘with you today, for a better tomorrow’. In 2025, we paid £31.9 billion in claims and benefits to our customers. Aviva is a Living Wage, Living Pension and Living Hours employer and provides market-leading benefits for ourpeople, including flexible working, paid carers leave and equal parental leave. Find out more at www.aviva.com/about-us/our-peopleAs at 30 June 2026, total Group assets under management at Aviva Group were £479 billion and our estimated Solvency II shareholder capital surplus was £6.8 billion. Our shares are listed on the London Stock Exchange and we are a member of the FTSE 100 index.For more details on what we do, our business and how we help our customers, visit www.aviva.com/about-us The Aviva newsroom at www.aviva.com/newsroom includes links to our spokespeople images, podcasts,research reports and our news release archive. Sign up to get the latest news from Aviva by email. You can follow us on: X: www.x.com/avivaplc LinkedIn: www.linkedin.com/company/aviva-plc Instagram: www.instagram.com/avivaplc/For the latest corporate films from around our business, subscribe to our YouTube channel: www.youtube.com/aviva Cautionary statement This report should be read in conjunction with the documents distributed by Aviva plc (the ‘Company’ or ‘Aviva’)through The Regulatory News Service (RNS). This report contains, and we may make other verbal or written‘forward-looking statements’ with respect to certain of Aviva’s plans and current goals and expectations relating tofuture financial condition, performance, results, strategic initiatives and objectives and other future events andcircumstances (including, climate and other sustainability-related plans and goals). Statements including thosecontaining the words ‘believes’, ‘intends’, ‘expects’, ‘projects’, ‘plans’, ‘will’, ‘seeks’, ‘aims’, ‘may’, 'might',‘could’, 'should', ‘outlook’, ‘likely’, ‘target’, ‘goal’, ‘guidance’, ‘trends’, ‘future’, ‘estimates’, ‘potential’, 'possible',‘objective’, ‘predicts’, ‘ambition’ and ‘anticipates’, and words of similar meaning, are forward-looking. By theirnature, all forward-looking statements are subject to known and unknown risks and uncertainty. Accordingly, thereare or will be important factors that could cause actual results - and Aviva's related plans, expectations and targets -to differ materially from those indicated in these statements. Factors that could cause actual results to differmaterially from those indicated in forward-looking statements in the report include: the impact of ongoing uncertainconditions in the global financial markets and the national and international political and economic situationgenerally (including those arising from the current conflict in the Middle East and wider geopolitical landscape);market developments and government actions; the effect of credit spread volatility on the net unrealised value of theinvestment portfolio; the effect of losses due to defaults by counterparties, including potential sovereign debtdefaults or restructurings, on the value of our investments; the impact of changes in short or long-term interest ratesand inflation reduce the value or yield of our investment portfolio and impact our asset and liability matching; theimpact of changes in equity or property prices on our investment portfolio; fluctuations in currency exchange rates;the effect of market fluctuations on the value of options and guarantees embedded in some of our life insuranceproducts and the value of the assets backing their reserves; the amount of allowances and impairments taken on ourinvestments; the effect of adverse capital and credit market conditions on our ability to meet liquidity needs and ouraccess to capital; changes in, or restrictions on, our ability to commence capital management initiatives; changes inor inaccuracy of assumptions in pricing and reserving for insurance business (particularly with regard to mortalityand morbidity trends, lapse rates and policy renewal rates), longevity and endowments; a cyclical downturn of theinsurance industry; the impact of natural and man-made catastrophic events (including pandemics) on our businessactivities and results of operations; the transitional, litigation and physical risks associated with climate change;failure to understand and respond effectively to the risks associated with sustainability; our reliance on informationand technology and third-party service providers for our operations and systems; the risks associated with adoptionof and reliance on new and rapidly advancing technologies such as artificial intelligence and quantum computing;the impact of the Group’s risk mitigation strategies proving less effective than anticipated, including the inability ofreinsurers to meet obligations or unavailability of reinsurance coverage; poor investment performance of the Group’sasset management business; the withdrawal by customers at short notice of assets under the Group’s management;failure to manage risks in operating securities lending of Group and third-party client assets; increased competitionin the UK and in other countries where we have significant operations; regulatory approval of changes to theGroup’s internal model for calculation of regulatory capital under the UK’s version of Solvency II rules; the impactof recognising an impairment of our goodwill or intangibles with indefinite lives; changes in valuationmethodologies, estimates and assumptions used in the valuation of investment securities; the effect of legalproceedings and regulatory investigations; the impact of operational risks, including inadequate or failed internaland external processes, systems and human error or from external events and malicious acts (including cyber-attacks, phishing/vishing attacks, and theft, loss or misuse of customer data); risks associated with arrangementswith third parties, including joint ventures; our reliance on third-party distribution channels to deliver our products;funding risks associated with our participation in defined benefit staff pension schemes; the failure to attract or retainthe necessary key personnel, including quality financial advisers and underwriters; the failure to act in good faith,
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resulting in customers not achieving good outcomes and avoiding foreseeable harm; the effect of systems errors orregulatory changes on the calculation of unit prices or deduction of charges for our unit-linked products that mayrequire retrospective compensation to our customers; the effect of a decline in any of our ratings by rating agencieson our standing among customers, broker-dealers, agents, wholesalers and other distributors of our products andservices; changes to our brand and reputation and the potential loss of or damage to customer relationships, whetherrelated to changes in customer habits or not; changes in laws and legal or public policy, in particular; changes in taxlaw and interpretation of existing tax laws in jurisdictions where we conduct business; changes to InternationalFinancial Reporting Standards relevant to insurance companies and their interpretation; the inability to protect ourintellectual property; the effect of undisclosed liabilities and other risks associated with our business disposals;uncertainties relating to announced and future acquisitions, combinations or disposals within relevant industriesincluding diversion of management attention and other resources and the Group's ability to integrate and deliverexpected benefits within the assumed timeframe; the impact of exposure to Lloyd's related risks following theacquisition of Probitas, including dependence on Lloyd’s credit rating, solvency position and the maintenance ofLloyd’s own licence and approvals to underwrite business and commitment to certain financial and operationalobligations, including to make contributions to funds at Lloyd’s; the policies, decisions and actions of government orregulatory authorities in the UK, the EU, the US, Canada or elsewhere, including changes to and the implementationof key legislation and regulation (for example, FCA Consumer Duty and Solvency UK). Please see Aviva's mostrecent Annual Report and Accounts for further details of risks, uncertainties and other factors relevant to thebusiness and its securities. Forward-looking statements should therefore be construed in light of suchaforementioned factors. Aviva undertakes no obligation to update the forward-looking statements in this report orany other forward-looking statements we may make. Forward-looking statements in this report are current only as ofthe date on which such statements are made and readers are cautioned not to place undue reliance on such forward-looking statements. Such statements should be regarded as indicative and illustrative only, and Aviva does notprovide any representation, assurance or guarantee that the occurrence of the events expressed or implied in anyforward-looking statements in this report will actually occur. The information in this report does not constitute anoffer to sell or an invitation to buy shares in Aviva plc or an invitation or inducement to engage in any otherinvestment activities.Aviva plc is a company registered in England and Wales No. 2468686
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