Happy Retirement Savings Program. Make additional voluntary contributions for a more colourful retirement RETIREMENT MPF

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1 RETIREMENT MPF Happy Retirement Savings Program Make additional voluntary contributions for a more colourful retirement Value, Choice, Simplicity - Our Pledge to You mpf.aia.com.hk Please note: Happy Retirement Savings Program (the HRSP ) is not a savings plan. Contributions made to the HRSP invest solely in the AIA MPF funds offered under AIA MPF Basic Value Choice or AIA MPF Prime Value Choice and, therefore, do not guarantee the repayment of capital under all circumstances.

2 Important Notes Relevant Schemes, for the purposes of this document, means AIA MPF - Basic Value Choice and AIA MPF - Prime Value Choice. MPF fund, for the purposes of this document, means Constituent as defined in the Glossary of the Principal Brochure of the Relevant Schemes. The MPF Conservative, the Capital Stable Portfolio, the Allianz Capital Stable and the Fidelity Capital Stable in the Relevant Schemes do not guarantee the repayment of capital under all circumstances. The Guaranteed Portfolio in the Relevant Schemes invests solely in an approved pooled investment fund in the form of an insurance policy issued by the AIA Company Limited (the Insurer ). The guarantee is also given by the Insurer. Your investments in the Guaranteed Portfolio, if any, are therefore subject to the credit risks of the Insurer. Please refer to Section A, Schedule 6 and Appendix of the Principal Brochure of the Relevant Schemes for the details of the credit risk, guarantee features and guarantee conditions. The Guaranteed Portfolio in the Relevant Schemes is a capital guaranteed fund. Your investments are therefore subject to the credit risks of the guarantor, AIA Company Limited. The guarantee only applies when Members hold their investment until the end of a Scheme Year. Please refer to Section A, Schedule 6 and Appendix of the Principal Brochure of the Relevant Schemes for the details of the credit risk, guarantee features and guarantee conditions. You should consider your own risk tolerance level and financial circumstances before making any investment choices. When, in your selection of funds, you are in doubt as to whether a certain fund is suitable for you (including whether it is consistent with your investment objectives), you should seek financial and/or professional advice and choose the fund(s) most suitable for you taking into account your circumstances. In the event that you do not make any investment choices, your contributions made to the Relevant Schemes will be invested in the Guaranteed Portfolio. You should not base your investment choices on this document alone and should refer to the Principal Brochure of the Relevant Schemes. Make additional voluntary contributions to enjoy special privilege and prepare for your retirement reserve Through the MPF scheme, both you and your employer will be setting aside money each month so that you can build up your nest egg for a comfortable retirement. However, your current MPF contributions may not be sufficient to fully cover your retirement expenses, so it s never too early to begin making extra investments for a larger reserve. Making voluntary contributions can be one of the ways to achieve this goal! With a monthly contribution amount from as low as HK$00, you can join our Happy Retirement Savings Program to enjoy the value, choice and simplicity of AIA MPF s offerings, as well as special privilege.

3 Striving to provide value-for-money offerings and respectable return to maximise benefits on every cent of your contribution Seven funds with management fees at 0.99% Remark : For other AIA MPF funds, management fees chargeable at Constituent level are up to.00% p.a. of net asset value. For other fees and charges of all AIA MPF funds including the management fees chargeable at the underlying fund level (ranging from 0% to 0.8% p.a. of net asset value effectively), please refer to the Principal Brochure of the Relevant Schemes for details. Joining fee and Annual fee : Nil Special privilege management fees rebate (For details, please refer to the attached appendix) Enabling you to enjoy freedom in fund selection and fund switching Comprehensive suite offering MPF funds on one platform With MPF funds serving diverse risk appetites, AIA MPF offers you distinct investment opportunities covering a wide range of geographical locations and asset classes. You can easily choose your MPF funds to suit your investment needs at different market conditions and life stages. Five renowned investment managers with distinct investment advantages for you to enjoy No single investment manager provides an everlasting and comprehensive investment advantage. That is why we pursue a multi-manager platform of five renowned investment managers, enabling you to diversify your investments and enjoy the distinct investment advantages of different investment managers. Unlimited free fund switching among MPF funds Depending on market conditions, you can switch to other MPF funds managed by different investment managers in as little as a day, free of charge (subject to conditions). AIA, for the purposes of this document, refers to AIA Pension and Trustee Co. Ltd. (incorporated in the British Virgin Islands with limited liability) Participants are permitted to raise only one switch request (i) out of the Guaranteed Portfolio* via any means; or (ii) via the paper form (applicable to all MPF funds) within the same Scheme Year. Switches or reallocations via the Interactive Voice Response System or Interactive Website are free of charge, but subject to an access fee (which is currently waived). With effect from July 0, the permitted number of switching requests submitted via paper form in each Scheme Year will be relaxed from once to unlimited. * AIA Company Limited (the "Insurer") is the insurer of the insurance policy underlying the Guaranteed Portfolio. The guarantee provided by the Insurer is subject to conditions and applies only when members hold their investment until the end of a Scheme Year. In the event a Participating Employer participates in a scheme provided by another service provider and therefore necessitates any withdrawal(s) from the Guaranteed Portfolio, the Individual Account of an Employee Member of the withdrawing Participating Employer may be subject to a discretionary adjustment (which may reduce the balance of his/her Individual Account). The discretionary adjustment is determined at the sole discretion of the Insurer on withdrawal but will in no event exceed % of the Individual Account balance. Scheme participants are advised to refer to the Principal Brochure of the Relevant Schemes for more information regarding this and other funds. The Insurer will declare an interim rate (which will not be less than 0% per annum) each month. Interest on Individual Accounts will be accrued and credited daily based on the interim rate. At the end of each financial year (ending on 0 November), the Insurer will declare an annual interest rate (the "Annual Rate"). The Annual Rate and any interim rate declared are determined at the sole discretion of the Insurer. The Insurer guarantees that the Annual Rate declared, however, will not be less than 0% per annum.

4 AIA MPF s Lifestyle s Growth Portfolio Balanced Portfolio Capital Stable Portfolio Fidelity Growth Risk/Return Rating (-) Low risk/low return () High risk/high return () Investment Mix Equity s Index-Tracking Collective Investment Scheme Series + American Eurasia Hong Kong and China World Fixed Income s Asian Bond Global Bond MPF Conservative Δ Dynamic Asset Allocation Manager s Choice # Equity s Asian Equity European Equity Japan Equity Greater China Equity Hong Kong Equity North American Equity Green Guaranteed Guaranteed Portfolio* Investment Objective s with Management Fees at 0.99%^ To seek a long term capital appreciation by investing in a combination of North and South American equity market index-tracking funds. To seek a long term capital appreciation by investing in a combination of European, Australasian and Far Eastern equity market index-tracking funds. To seek a long term capital appreciation by investing in a combination of equity market index-tracking funds that track Hong Kong equity market indices that measure the performance of companies listed in Hong Kong (including China incorporated enterprises listed in Hong Kong in the form of H Shares). To seek a long term capital appreciation by investing in a combination of global equity market index-tracking funds. To seek long term capital growth by primarily investing in a portfolio of bonds in the Asia-Pacific region (excluding Japan), issued by, amongst others, government, supranational organisations and corporates. To seek long-term stable return from a combination of current income and capital appreciation by investing in a portfolio of debt securities in the international markets, issued by government, supranational organisations and corporates. To preserve the value of the principal invested. Other s To achieve long term capital appreciation through a professionally managed portfolio, invested in two or more approved pooled investment funds and/or approved Index-Tracking Collective Investment Schemes ( ITCISs ). To provide investors with long-term capital growth in US dollar terms through a portfolio consisting primarily of securities of companies based or operating principally in the Asia-Pacific region excluding Japan and Hong Kong. To provide investors with long-term capital growth through the underlying approved pooled investment fund which consists primarily of securities of companies based or operating principally in countries in Western Europe. To provide investors with long-term capital growth through the underlying approved pooled investment fund which consists primarily of securities of companies based or operating principally in Japan. To provide long-term capital appreciation by investing in the equity securities of companies with exposure to the economies of countries within the Greater China region (i.e. China, Hong Kong and Taiwan). To provide long-term capital appreciation through the underlying approved pooled investment fund which consists primarily of shares in companies quoted on the Stock Exchange of Hong Kong. To provide long-term capital appreciation through the underlying approved pooled investment fund which consists primarily of shares in US companies. To provide investors with long-term capital appreciation through well diversified investments in global equities principally by investing in companies according to () their environmental ratings and () financial performance expectations, with a view to outperforming the MSCI World Index over the medium to long term. To minimise capital risk in Hong Kong dollar terms. To maximise long-term capital appreciation in Hong Kong dollar terms. To maximise long-term capital appreciation in Hong Kong dollar terms within moderate risk parameters. To minimise short-term capital risk in Hong Kong dollar terms. To build real wealth over the long term, to focus investment into the global equity markets and to have the flexibility to invest in global bonds. Equities Bonds Deposits & Debt Securities

5 AIA MPF s Fidelity Stable Growth Fidelity Capital Stable Allianz Growth Allianz Stable Growth Allianz Capital Stable Risk/Return Rating (-) Low risk/low return () High risk/high return () Investment Mix Investment Objective To generate a positive return over the long term and to broadly diversify the portfolio as to asset type as between equities and bonds. To produce a positive return over the long term and to focus investment towards less volatile assets of bonds and cash whilst retaining some equity exposure. To maximise long-term overall returns by investing primarily in global equities through the underlying approved pooled investment fund. To achieve a stable overall return over the long term by investing in a diversified portfolio of global equities and fixed-interest securities through the underlying approved pooled investment fund. To provide investors with capital preservation combined with steady capital appreciation over the long term by investing in a diversified portfolio of global equities and fixed-interest securities through the underlying approved pooled investment fund. Equities Bonds Deposits & Debt Securities The Risk/Return Rating stated above is determined by AIA based on the investment mix of the relevant MPF funds and such Risk/Return Rating will be updated in accordance with prevailing market circumstances (where applicable) and is for reference only. ^ For s with management fees at 0.99%, the total Management fees chargeable at both the Constituent level and its relevant underlying fund level shall be 0.99% per annum of net asset value at current level. + The MPF funds in this category are portfolio management funds investing in more than one approved ITCISs. These MPF funds are not index-tracking funds. Δ Fees and charges of the MPF Conservative in the Relevant Schemes are deducted from the assets of the fund and, therefore, unit price/nav/fund performance quoted have incorporated the impact of fees and charges. # Depending on the global market condition, the Manager's Choice may allocate from 0% to 90% of assets in equities, with balance in bonds, money market instruments and cash. The investment mix stated above is for reference only, it could differ from the actual mix. Investment involves risks and not all investment choices available under the Relevant Schemes would be suitable for everyone. Investment performance and returns may go down as well as up. Investors are subject to the credit risks (including default and downgrade risks) of the Insurer in the case of a constituent fund which invests in an approved pooled investment fund in the form of an insurance policy. For further details including fund switching, fees and charges, product features and risks involved, please refer to the Principal Brochure of the Relevant Schemes. Helping you manage your MPF with ease LifeEasy service A free MPF portfolio management service This service automatically rebalances the proportion of equities and bonds in your MPF investments based on your age or desired number of savings years, gradually decreasing your exposure to risk as you get closer to retirement age or end of desired savings years. Simply opt in to this service to enjoy a peace of mind, knowing your investments are in good hands. Flexible management of your money - Up to four partial withdrawals per Scheme Year Selection Matrix to help you choose MPF funds Not sure which MPF funds suit you? This is a friendly tool that will help you choose MPF funds in just a few steps. Check it out at mpf.aia.com.hk. Various convenient account management platforms Interactive Website mpf.aia.com.hk AIA MPF App Dedicated Interactive Member Website Hotline: AIA.COM.HK (8) Quarterly -hour printed Interactive or e-benefit Voice statements Response ( IVR ) Benefit Dedicated statements AIA MPF (printed Hotline (for or electronic Citibank Customers): version) AIA System MPF App (8) hour Interactive Voice Response ( IVR ) System Convenient payment methods Direct Debit Instruction ( DDI ) auto-payment CCB (Asia) Credit Card Earn credit card bonus Payment by Phone Service ( PPS ) or PPS by e-cpayment points while,6 making make instant regular contributions via Internet Simply dial 80 or go to AIA.COM.HK and follow the given instructions. (Our Merchant Code: 97) For more information about LifeEasy service, please refer to section D6 of the Principal Brochure of the Relevant Schemes. Minimum withdrawal amount is HK$,000 per transaction. Remaining balance must be no less than HK$,000. PPS via phone or Internet are only for making initial contribution payment or subsequent lump sum contribution payment. For For more more information, information, please please call call our our dedicated Member Hotline AIA MPF at Hotline (8) (for 00 Citibank 688 or Customers) visit our Interactive at (8) 00 Website 88 at or visit mpf.aia.com.hk. our Interactive Website at AIA.COM.HK. HRSC (0/06) (/0) Issued by AIA Pension and Trustee Co. Ltd.

6 Appendix Special privilege - Perpetual 0.0% p.a. management fees rebate (the Rebate ) From now until December 06 and subject to conditions,, upon successful enrolment into the Happy Retirement Savings Program (the HRSP ), you can enjoy a management fees rebate of perpetual 0.0% p.a. for your average monthly account balance, under the HRSP. The Rebate will be distributed within days after each quarter end (i.e. February, May, August, and November each year). The Rebate will be calculated based on the average monthly balance of your account, over that particular quarter, and will be allocated/credited to your account in the form of unit/amount rebate and in accordance with your latest investment mandate as at the date of Rebate distribution. Illustrative example # : Assuming a member set up his HRSP account in Nov 0, and made $0,000 and $00,000 additional voluntary contributions to it in Dec 0 and Mar 0 respectively. Closing balance (HK$) Average monthly account balance, (HK$) Perpetual 0.0% p.a. rebate amount to be distributed within days after each quarter end (i.e. Feb, May, Aug, Nov each year) (HK$) 0 Nov 0 (HRSP account set up during the month) n/a Dec 0 (made $0,000 additional voluntary contributions to HRSP account) Jan 0 8 Feb 0 0, , ,000.00, , , After the quarter ended 8 Feb 0, the perpetual 0.0% p.a. rebate for Dec 0 Feb 0 (, , ,000) / x (0.0% / ) = $0.8 and distributed in Apr 0 Mar 0 (made $00,000 additional voluntary contributions to HRSP account) 0 Apr 0 May 0 0, ,00.8 0, , ,00. 0,00.8 After the quarter ended May 0, the perpetual 0.0% p.a. rebate for Mar-May 0 (00, , ,00.8) / x (0.0% / ) = $66.67 and distributed in Jul 0 0 Jun 0 Jul 0 Aug 0 0,00.8 0,087. 0,087. 0,00.8 0,0.7 0,087. After the quarter ended Aug 0, the perpetual 0.0% p.a. rebate for Jun-Aug 0 (0, , ,087.) / x (0.0% / ) = $7.0 and distributed in Oct 0 0 Sep 0 Oct 0 0 Nov 0 0,087. 0,6. 0,6. 0,087. 0,.0 0,6. After the quarter ended 0 Nov 0, the perpetual 0.0% p.a. rebate for Sep-Nov 0 (0, ,.0 + 0,6.) / x (0.0% / ) = $7.06 and distributed in Jan 0 Dec 0 Jan 0 8 Feb 0 0,6. 0,6.9 0,6.9 0,6. 0,6.6 0,6.9 After the quarter ended 8 Feb 0, the perpetual 0.0% p.a. rebate for Dec 0 Feb 0 (0,6. + 0, ,6.9) / x (0.0% / ) = $7. and distributed in Apr 0 # This example solely aims to illustrate the calculation of the Rebate and thus does not take into account the investment return, fees and/or any other factors. This example is hypothetical and for illustration only. It may differ from the actual situation. Terms and conditions: Upon successful enrolment into the HRSP, a member is bound by all of the terms and conditions of the HRSP as stated in the application form. The Rebate is only applicable on the condition that your account has not been terminated on the date of Rebate distribution. For the purpose of the Rebate, investments in the American, Eurasia, Hong Kong and China, World, Asian Bond, Global Bond and MPF Conservative would not be counted towards your account balance under the HRSP. For the avoidance of doubt, the calculation of average monthly balance of your account under the HRSP would not include investments in the American, Eurasia, Hong Kong and China, World, Asian Bond, Global Bond and MPF Conservative. The average account balance of a particular month is calculated based on the average of the closing balance of that particular month and the previous month. For MPF funds (other than the Guaranteed Portfolio), which are unitised funds, the Rebate will be allocated to your account in the form of units. For the Guaranteed Portfolio, which is not a unitised fund, the relevant amount of the Rebate will be credited to your account. In case of any dispute in relation to this special privilege and the interpretations of the terms and conditions herein, AIA Pension and Trustee Co. Ltd. s decision shall be final. HRSA 8(0/06)