FWD Hong Kong’s new business FYP and APE growth outperform the industry average in 2025¹

New business single premium surges nearly 70%, ranking third in Hong Kong² Solidifies position as a top five pan-Asian insurer in Hong Kong³

HONG KONG SAR - Media OutReach Newswire - 8 May 2026 - According to the Provisional Statistics on Hong Kong Long-Term Insurance Business – January to December 2025 from the Insurance Authority of Hong Kong, FWD Hong Kong ("FWD") achieved outstanding performance for the full year of 2025:

• New business first year premium (FYP) increased by 59% year-on-year (YoY) and new business annual premium equivalent (APE) increased by 41% YoY, both outperforming the industry average growth of 51% and 38% respectively¹.
• New business single premium increased by 68% YoY, ranking third in Hong Kong².
• New business FYP for participating insurance products ranked third in Hong Kong⁴.

Ken Lau, Managing Director of Greater China and Hong Kong Chief Executive Officer, FWD

, said, "FWD Hong Kong delivered exceptional results for the full year of 2025, securing top-three market rankings in key business indicators which demonstrated our comprehensive growth momentum. In particular, the strong performance of our participating products underscores a balanced portfolio that excels in both health protection and wealth management. Our tied agency force also expanded by 11% YoY, more than five times the industry average⁵, reflecting our commitment to expanding the team and our confidence in future growth. As we solidify our position as a top five pan-Asian insurer by business scale in Hong Kong³, we will continue to stand by our customer-led approach, bridging protection gaps with innovative products, and changing the way people feel about insurance."

In 2025, FWD's key distribution channels posted strong YoY double-digit growth that surpassed industry average:

• Tied agency channel: New business FYP increased by 52% YoY, outpacing the industry average growth of 42%².
• Bank channel: New business FYP grew by 35% YoY, outperforming the industry average growth of 33%².
• Brokerage channel: New business FYP surged by 89% YoY, exceeding the industry average growth of 79%².

Growth in tied agency team significantly outpaces the industry

FWD's strategic focus on expanding its professional team continues to yield impressive results. The tied agency force grew by 11% YoY in 2025—a rate more than five times the industry average of 2%⁵—further strengthening the company's distribution capabilities.

Click here to download high-resolution images of FWD Hong Kong.

¹ Provisional Statistics on Hong Kong Long Term Insurance Business – January to December 2025, Insurance Authority of Hong Kong. The calculation combines individual and group businesses.

² Provisional Statistics on Hong Kong Long Term Insurance Business – January to December 2025, Insurance Authority of Hong Kong. The calculation includes individual business only.

³ According to Provisional Statistics on Hong Kong Long Term Insurance Business – January to December 2025, Insurance Authority of Hong Kong, as well as FWD's own assessment based on market information, FWD ranks among the top five pan-Asian insurers in Hong Kong in both new business FYP and new business case count rankings. Calculated based on individual and group businesses. Pan-Asian insurers refer to multinational insurers currently having a well-established operation in the Asian market with multiple distribution channels.

⁴ Provisional Statistics on Hong Kong Long Term Insurance Business – January to December 2025, Insurance Authority of Hong Kong. The calculation includes individual business and non-bank insurers only.

⁵ 《Pi Financial Services Intelligence report》- December 2025.
Hashtag: #FWDHongKong

The issuer is solely responsible for the content of this announcement.

About FWD Hong Kong

FWD Hong Kong is part of the FWD Group (1828.HK), a pan-Asian life and health insurance business that serves approximately 40 million customers across 10 markets, including BRI Life in Indonesia. FWD Hong Kong is firmly positioned as a top five pan-Asian insurer by business scale in Hong Kong^*.

FWD Hong Kong has been assigned strong financial ratings by international agencies. It offers life and medical insurance, employee benefits, and financial planning.

FWD's customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828.

For more information about FWD Hong Kong, please visit www.fwd.com.hk.

^*According to Provisional Statistics on Hong Kong Long Term Insurance Business - January to December 2025, Insurance Authority of Hong Kong, as well as FWD's own assessment based on market information, FWD ranks among the top five pan-Asian insurers in Hong Kong in both new business first year premium and new business case count rankings. Calculated based on individual and group businesses. Pan-Asian insurers refer to multinational insurers currently having a well-established operation in the Asian market with multiple distribution channels.

HONG KONG SAR - Media OutReach Newswire - 8 May 2026 - According to the Provisional Statistics on Hong Kong Long-Term Insurance Business – January to December 2025 from the Insurance Authority of Hong Kong, FWD Hong Kong ("FWD") achieved outstanding performance for the full year of 2025:

• New business first year premium (FYP) increased by 59% year-on-year (YoY) and new business annual premium equivalent (APE) increased by 41% YoY, both outperforming the industry average growth of 51% and 38% respectively¹.
• New business single premium increased by 68% YoY, ranking third in Hong Kong².
• New business FYP for participating insurance products ranked third in Hong Kong⁴.

Ken Lau, Managing Director of Greater China and Hong Kong Chief Executive Officer, FWD

, said, "FWD Hong Kong delivered exceptional results for the full year of 2025, securing top-three market rankings in key business indicators which demonstrated our comprehensive growth momentum. In particular, the strong performance of our participating products underscores a balanced portfolio that excels in both health protection and wealth management. Our tied agency force also expanded by 11% YoY, more than five times the industry average⁵, reflecting our commitment to expanding the team and our confidence in future growth. As we solidify our position as a top five pan-Asian insurer by business scale in Hong Kong³, we will continue to stand by our customer-led approach, bridging protection gaps with innovative products, and changing the way people feel about insurance."

In 2025, FWD's key distribution channels posted strong YoY double-digit growth that surpassed industry average:

• Tied agency channel: New business FYP increased by 52% YoY, outpacing the industry average growth of 42%².
• Bank channel: New business FYP grew by 35% YoY, outperforming the industry average growth of 33%².
• Brokerage channel: New business FYP surged by 89% YoY, exceeding the industry average growth of 79%².

Growth in tied agency team significantly outpaces the industry

FWD's strategic focus on expanding its professional team continues to yield impressive results. The tied agency force grew by 11% YoY in 2025—a rate more than five times the industry average of 2%⁵—further strengthening the company's distribution capabilities.

Click here to download high-resolution images of FWD Hong Kong.

¹ Provisional Statistics on Hong Kong Long Term Insurance Business – January to December 2025, Insurance Authority of Hong Kong. The calculation combines individual and group businesses.

² Provisional Statistics on Hong Kong Long Term Insurance Business – January to December 2025, Insurance Authority of Hong Kong. The calculation includes individual business only.

³ According to Provisional Statistics on Hong Kong Long Term Insurance Business – January to December 2025, Insurance Authority of Hong Kong, as well as FWD's own assessment based on market information, FWD ranks among the top five pan-Asian insurers in Hong Kong in both new business FYP and new business case count rankings. Calculated based on individual and group businesses. Pan-Asian insurers refer to multinational insurers currently having a well-established operation in the Asian market with multiple distribution channels.

⁴ Provisional Statistics on Hong Kong Long Term Insurance Business – January to December 2025, Insurance Authority of Hong Kong. The calculation includes individual business and non-bank insurers only.

⁵ 《Pi Financial Services Intelligence report》- December 2025.
Hashtag: #FWDHongKong

The issuer is solely responsible for the content of this announcement.

About FWD Hong Kong

FWD Hong Kong is part of the FWD Group (1828.HK), a pan-Asian life and health insurance business that serves approximately 40 million customers across 10 markets, including BRI Life in Indonesia. FWD Hong Kong is firmly positioned as a top five pan-Asian insurer by business scale in Hong Kong^*.

FWD Hong Kong has been assigned strong financial ratings by international agencies. It offers life and medical insurance, employee benefits, and financial planning.

FWD's customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the main board of the Hong Kong Stock Exchange under the stock code 1828.

For more information about FWD Hong Kong, please visit www.fwd.com.hk.

^*According to Provisional Statistics on Hong Kong Long Term Insurance Business - January to December 2025, Insurance Authority of Hong Kong, as well as FWD's own assessment based on market information, FWD ranks among the top five pan-Asian insurers in Hong Kong in both new business first year premium and new business case count rankings. Calculated based on individual and group businesses. Pan-Asian insurers refer to multinational insurers currently having a well-established operation in the Asian market with multiple distribution channels.

** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **

MUMBAI, INDIA - Media OutReach Newswire - 9 May 2026 - Vinpearl Joint Stock Company has signed Memoranda of Understanding (MoUs) with Thomas Cook India, SOTC Travel, and MakeMyTrip, three of India's leading travel and tourism companies. The strategic partnerships are aimed at directly and comprehensively reaching all customer segments, helping position Vietnam as a "preferred destination" in the world's most populous country.

The agreements were signed at the Vietnam–India Business Forum, held as part of the State visit of General Secretary and President To Lam to India, in the presence of General Secretary and President To Lam and Maharashtra Chief Minister Shri Devendra Fadnavis.

The partnerships are expected to open direct access channels to all customer segments, stimulate travel demand and experiential tourism, and ultimately position Vietnam as a "preferred destination" for India's 1.47 billion people.

Representing India are three of the country's most influential and trusted travel distribution channels: Thomas Cook India, SOTC Travel, and MakeMyTrip. Thomas Cook India has strong expertise in group travel, corporate travel, and large-scale MICE tourism. SOTC Travel is well known for family vacations, group tours, and mid- to high-end leisure travel. Meanwhile, MakeMyTrip, India's leading online travel platform, has a strong advantage in reaching younger travelers, independent tourists, and digitally-driven booking behaviors.

Representing Vietnam is Vinpearl, the country's leading hospitality, tourism, and entertainment brand, operating nearly 60 properties nationwide. Its diverse five-star "all-in-one" ecosystem offers accommodation, shopping, dining, entertainment, golf, and MICE services, making it particularly well-suited to the travel preferences of Indian visitors, including large group travel, multi-generational family vacations, and experience-rich holidays.

Through these partnerships, the parties aim to maximize each other's strengths, enhance tourism development capabilities, and shape tailored travel products, gradually positioning Vietnam as a "preferred destination" for Indian travelers in the near future.

Speaking at the event, Ms. Ngo Thi Huong, CEO of Vinpearl, said: "India is one of the key markets in Vinpearl's international expansion strategy. Through partnerships with leading industry players, we are not only broadening our market reach but also proactively developing products tailored to each customer segment. Vinpearl aims to strengthen its presence in the Indian market while contributing to positioning Vietnam as an attractive and distinctive destination on the global tourism map."

Mr. Anubhav Bansal, Vice President of MakeMyTrip and representative of the three Indian partners, added: "Vinpearl operates one of the region's leading integrated tourism and hospitality ecosystems, with a scale, product diversity, and destination experience portfolio that increasingly align with the preferences of Indian travelers. We believe Vinpearl is playing an important role in positioning Vietnam as an attractive destination for this market. Combined with the extensive distribution strengths of both sides, this partnership is expected to significantly boost Indian tourist arrivals to Vietnam in the coming years."

India is currently the world's most populous country, with 1.47 billion people. The country's rapidly expanding middle class is driving a strong surge in demand for international travel.

Recognizing the strategic importance of the Indian market, Vinpearl has not only leveraged its scale and integrated "all-in-one" ecosystem but has also continuously developed specialized offerings for Indian travelers, including luxury wedding tourism, MICE travel, multi-generational family holidays, group trips, and couple getaways. In 2025, the number of Indian guests staying within the Vinpearl system surged by a record 402% year-on-year, followed by a further 335% increase during the first four months of this year compared to the same period last year.

The signing of MoUs with these three major market access partners marks the next step in Vinpearl's strategy to sustainably grow its visitor base from the 1.47 billion-population Indian market, while also helping position Vietnam as a "preferred destination" for Indian travelers.

Hashtag: #Vinpearl

https://vinpearl.com/en

The issuer is solely responsible for the content of this announcement.

About Vinpearl

Vinpearl is Vietnam's leading hospitality, tourism, and entertainment brand, currently operating 60 properties across 20 provinces and cities nationwide. Its ecosystem includes a network of five-star hotels and resorts in 35 provinces and cities with more than 17,300 rooms; 15 VinWonders theme parks offering attractions for all age groups; six world-class golf courses; and three international-standard convention centers and theaters under the VinPalace brand. The ecosystem also features two semi-wildlife conservation and care parks, an equestrian academy, and spectacular multi-million-dollar live performance shows in destinations such as Nha Trang and Phu Quoc, attracting millions of visitors each year.

About Thomas Cook India

Founded in 1881, Thomas Cook (India) Limited (TCIL) is one of India's leading omnichannel travel and tourism groups, operating across foreign exchange, corporate travel, MICE, leisure travel, and value-added services.

TCIL owns and operates several major B2C and B2B brands, including Thomas Cook, SOTC, TCI, SITA, Sterling Holiday Resorts, Asian Trails, and Desert Adventures. The group has a presence in 28 countries across five continents and is one of the largest travel service networks headquartered in the Asia-Pacific region.

About SOTC Travel

Established in 1949, SOTC Travel is one of India's oldest and most reputable travel and tourism brands. The company is part of Fairfax Financial Holdings through Thomas Cook (India) Limited (TCIL).

Operating through an omnichannel model, SOTC offers a wide range of services across leisure travel, incentive travel, and corporate travel. With more than 75 years of experience, SOTC has served millions of travelers across destinations worldwide and is recognized for its deep understanding of Indian travelers' preferences and behaviors.

About MakeMyTrip

MakeMyTrip is India's leading online travel booking platform, holding a dominant position in flight bookings, hotel reservations, and travel packages. With tens of millions of users and a strong digital ecosystem, MakeMyTrip covers the entire customer journey while maintaining a strong advantage in reaching younger travelers and independent tourists.

** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **

Vinpearl Partners With Three Leading Indian Travel Companies, Unlocking Access To A 1.47 Billion-Person Market