Press Release AIG 175 Water Street New York, NY 10038 www.aig.com | Contacts: Sabra Purtill (Investors): sabra.purtill@aig.com Shelley Singh (Investors): shelley.singh@aig.com Claire Talcott (Media): claire.talcott@aig.com AIG to Redeem 3.300% Notes Due 2021 NEW YORK, December 30, 2020 -- American International Group, Inc. (NYSE: AIG) today announced that it will redeem all of its outstanding 3.300% Notes Due 2021 (Common Code 026874DG9/ ISIN US026874DG98) (the “Notes”) on February 1, 2021 (the “Redemption Date”). On the Redemption Date, AIG will pay to the registered holders of the Notes a redemption price equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest to, but not including, the Redemption Date. As of December 30, 2020, $1,500,000,000 aggregate principal amount of the Notes were outstanding. This press release does not constitute a notice of redemption of the Notes. Holders of the Notes should refer to the notice of redemption delivered to the registered holders of the Notes by The Bank of New York Mellon, the trustee with respect to the Notes. # # # Certain statements in this press release, including those describing the completion of the redemption, constitute forward-looking statements. These statements are not historical facts but instead represent only AIG’s belief regarding future events, many of which, by their nature, are inherently uncertain and outside AIG’s control. It is possible that actual results will differ, possibly materially, from the anticipated results indicated in these statements. Factors that could cause actual results to differ, possibly materially, from those in the forward-looking statements are discussed throughout AIG’s periodic filings with the SEC pursuant to the Securities Exchange Act of 1934. # # # |