AMERICAN INTERNATIONAL GROUP, INC.

Operating Cash Flow Activities

Insurance companies generally receive most premiums in advance of the payment of claims or policy benefits. The ability of insurance companies to generate positive cash flow is affected by the frequency and severity of losses under their insurance policies, policy retention rates, effective management of their investment portfolio and operating expense discipline.

Interest payments totaled $67 million and $72 million in the three months ended March 31, 2026 and 2025, respectively. Excluding interest payments, AIG had operating cash inflows of $222 million and $16 million in the three months ended March 31, 2026 and 2025, respectively.

Investing Cash Flow Activities

Net cash provided by investing activities in the three months ended March 31, 2026 was $833 million compared to $2.8 billion in the prior year period.

Financing Cash Flow Activities

Net cash used in financing activities in the three months ended March 31, 2026 totaled $799 million, reflecting:

•$241 million to pay dividends of $0.45 per share on AIG Common Stock; and

•$0.5 billion to repurchase approximately 7 million shares of AIG Common Stock.

Net cash used in financing activities in the three months ended March 31, 2025 totaled $2.7 billion reflecting:

•$234 million to pay dividends of $0.40 per share on AIG Common Stock;

•$2.2 billion to repurchase approximately 29 million shares of AIG Common Stock; and

•$247 million in net outflows from the issuance and repayment of long-term debt.