THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF (I) ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) NO. 596/2014 AS IT FORMS PART OF UNITED KINGDOM DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018; AND (II) ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OF AMERICA OR THE DISTRICT OF COLUMBIA OR IN OR INTO ANY OTHER JURISDICTION OR TO ANY OTHER PERSON WHERE OR TO WHOM IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.

Aviva plc

(incorporated in England and Wales with limited liability, registered number 02468686)

announces the final results of the tender offers for its outstanding £700,000,000 6.125 per cent. Fixed/Fixed Rate Reset Subordinated Notes due 2036 (ISIN: XS0138717441) and €750,000,000 1.875 per cent. Senior Notes due 2027 (ISIN: XS1908273219) and the outstanding £350,000,000 Fixed Rate Reset Perpetual Restricted Tier 1 Contingent Convertible Notes (ISIN: XS1728036366) of Direct Line Insurance Group Limited

29 May 2026

On 19 May 2026, Aviva plc (the Offeror) announced separate invitations to eligible holders of (i) its outstanding £700,000,000 6.125 per cent. Fixed/Fixed Rate Reset Subordinated Notes due 2036 (ISIN: XS0138717441) (of which £200,000,000 in aggregate nominal amount remains outstanding) (the Tier 2 Notes) and €750,000,000 1.875 per cent. Senior Notes due 2027 (ISIN: XS1908273219) (of which €464,002,000 in aggregate nominal amount remains outstanding) (the Senior Notes); and (ii) the outstanding £350,000,000 Fixed Rate Reset Perpetual Restricted Tier 1 Contingent Convertible Notes (ISIN: XS1728036366) (of which £350,000,000 in aggregate nominal amount remains outstanding) (the RT1 Notes and, together with the Tier 2 Notes and the Senior Notes, the Notes and each a Series) of Direct Line Insurance Group Limited (formerly known as Direct Line Insurance Group plc), in each case to tender their outstanding Notes for purchase by the Offeror for cash, on the terms and subject to the satisfaction (or waiver) of the New Financing Condition and the other conditions contained in the tender offer memorandum dated 19 May 2026 (the Tender Offer Memorandum) prepared by the Offeror (each such invitation an Offer and, together, the Offers).

On 20 May 2026, the Offeror announced that the Capped Offers Maximum Acceptance Amount (applicable to the Offers for the RT1 Notes and the Senior Notes) had been set at £298,346,750 in aggregate nominal amount of the Notes.

Settlement of the issue of the New Notes took place on 28 May 2026, and the Offeror announced earlier today that the New Financing Condition has been satisfied.

The Offers expired at 4.00 p.m. (London time) on 28 May 2026 (the Expiration Deadline) and the Offeror now announces the final results of the Offers.

Capitalised terms used in this announcement but not defined have the meanings given to them in the Tender Offer Memorandum.

Pricing in respect of the Offers took place at or around 11.00 a.m. (London time) today.

Final Results and Pricing for the Tier 2 Notes

The Offeror will accept for purchase all of the Tier 2 Notes that were validly tendered, and there will be no scaling of any tenders of Tier 2 Notes for purchase pursuant to the relevant Offer. A summary of the final pricing for, and results of, the Offer in respect of the Tier 2 Notes is set out in the table below:

The Offeror will also pay an Accrued Interest Payment in respect of the Tier 2 Notes accepted for purchase pursuant to the relevant Offer, as further described in the Tender Offer Memorandum.

Final Results and Pricing for the RT1 Notes and the Senior Notes

As indicated in the indicative results announcement released by the Offeror earlier today, the Offeror has exercised its right to set the Capped Offers Final Acceptance Amount at a level that is higher than the previously announced Capped Offers Maximum Acceptance Amount, and has now decided to set the Capped Offers Final Acceptance Amount at £400,001,995, and to set each Capped Offer Series Acceptance Amount:

(i)            in respect of the RT1 Notes, at £338,285,000 and, accordingly, the Offeror will accept all of the RT1 Notes that were validly tendered, and there will be no scaling of any tenders of any RT1 Notes for purchase pursuant to the relevant Offer; and

(ii)           in respect of the Senior Notes, at €71,210,000 and, accordingly, the Offeror will accept Senior Notes validly tendered for purchase pursuant to the relevant Offer subject to pro rata scaling at a Scaling Factor of 81.9 per cent.

A summary of the final pricing for, and results of, the Offers in respect of the RT1 Notes and the Senior Notes is set out in the table below:

General

The Offeror will also pay an Accrued Interest Payment in respect of any Notes accepted for purchase pursuant to the relevant Offers, as further described in the Tender Offer Memorandum.

The Settlement Date in respect of any Notes accepted for purchase pursuant to the Offers is expected to be 1 June 2026. The Offeror intends to cancel all Notes purchased by it pursuant to the Offers.

Following settlement of the Offers, (i) £11,715,000 in aggregate nominal amount of the RT1 Notes, (ii) €392,792,000 in aggregate nominal amount of the Senior Notes; and (iii) £113,800,000 in aggregate nominal amount of the Tier 2 Notes, will remain outstanding. As previously announced by the Offeror on 19 May 2026, all of the Tier 2 Notes that remain outstanding on 19 June 2026 will be redeemed on such date at their Special Redemption Price (to be determined in accordance with the terms and conditions of the Tier 2 Notes) together with interest accrued to (but excluding) such redemption date.

Barclays Bank PLC (Telephone: +44 20 3134 8515; Attention: Liability Management Group; Email: [email protected]), Deutsche Bank AG, London Branch (Telephone: +44 207 545 8011; Attention: Liability Management Group), HSBC Bank plc (Telephone: +44 20 7992 6237; Attention: Liability Management, DCM; Email: [email protected]), J.P. Morgan Securities plc (Telephone: +44 207 134 2468; Attention: EMEA Liability Management Group; Email: [email protected]) and Morgan Stanley & Co. International plc (Telephone: +44 20 7677 5040; Attention: Liability Management Team, Global Capital Markets; Email: [email protected]) are acting as Dealer Managers (in respect of the Offers as made to Relevant Noteholders).

Kroll Issuer Services Limited (Telephone: +44 20 7704 0880; Attention: Arlind Bytyqi; Email: [email protected]; Offer Website: https://deals.is.kroll.com/aviva) is acting as Tender Agent for the Offers.

This announcement is released by the Offeror and contains information that qualified or may have qualified as inside information for the purposes of (i) Article 7 of the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (UK MAR); and (ii) Article 7 of the Market Abuse Regulation (EU) 596/2014 (MAR), encompassing information relating to the final results and pricing of the Offers described above. For the purposes of (i) MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055; and (ii) UK MAR and Article 2 of Commission Implementing Regulation (EU) No. 2016/1055 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, this announcement is made by Susan Adams, Group Company Secretary at the Offeror.

LEI Number: YF0Y5B0IB8SM0ZFG9G81

DISCLAIMER This announcement must be read in conjunction with the Tender Offer Memorandum. No offer or invitation to acquire any securities is being made pursuant to this announcement.  The distribution of this announcement and/or the Tender Offer Memorandum in certain jurisdictions may be restricted by law.  Persons into whose possession this announcement and/or the Tender Offer Memorandum come(s) are required by each of the Offeror, the Dealer Managers and the Tender Agent to inform themselves about, and to observe, any such restrictions. Nothing in this announcement or the Tender Offer Memorandum constitutes an offer to buy or a solicitation of an offer to sell Notes or an invitation to participate in any Offer.