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 $273 million and $268 million in the nine months ended September 30, 2026 and 2025, respectively. Excluding interest payments, AIG had operating cash inflows of $4.8 billion and $2.9 billion in the nine months ended September 30, 2026 and 2025, respectively.

Investing Cash Flow Activities

Net cash used in investing activities in the nine months ended September 30, 2026 was $2.9 billion compared to net cash provided by investing activities of $3.3 billion in the prior year period.

Financing Cash Flow Activities

Net cash used in financing activities in the nine months ended September 30, 2026 totaled $1.3 billion, reflecting:

•$764 million to pay dividends of $0.50 per share in the three months ended September 30, 2026 and June 30, 2026, and $0.45 per share for the three months ended March 31, 2026 on AIG Common Stock;

•$1.7 billion to repurchase approximately 22 million shares of AIG Common Stock; and

•$1.3 billion in net inflows from the issuance and repayment of long-term debt.

Net cash used in financing activities in the nine months ended September 30, 2025 totaled $5.7 billion reflecting:

•$734 million to pay dividends of $0.45 per share in the three months ended September 30, 2025 and June 30, 2025, and $0.40 per share for the three months ended March 31, 2025 on AIG Common Stock;

•$5.3 billion to repurchase approximately 66 million shares of AIG Common Stock; and

•$154 million in net inflows from the issuance and repayment of long-term debt.