December 11, 2012

Dear Colleagues,

We come together as a company to celebrate in good times and we draw together in times of
shared crisis. Today warrants a celebration like no other in AIG`s history and places well in
the past a crisis none of us will ever forget.

Today, the U.S. Department of the Treasury has priced an offering of approximately 234.2
million shares of AIG common stock at a price to market of $32.50 per share. Upon the
closing of this transaction, expected this Friday, Treasury will have sold the last of its
remaining shares of AIG common stock, receiving proceeds of approximately $7.6 billion
from the sale.

The closing oI this transaction will mark the Iull resolution oI America`s Iinancial support
of AIG with a profit to taxpayers of $22.7 billion to date. It marks one of the most
extraordinary and what many believed to be the most unlikely turnarounds in American
business history.

And you did it.

America invested in 62,000 AIG employees, and we kept our promise to rebuild this great
company and deliver a profit to those who put their trust in us. You did this. Every single
man and woman at AIG did this remarkable thing. There is a saying that in American life,
there are no second acts. Well, take a bow, because today marks our second act.

We are not going to stop here and take a rest. We are not at the finish line. This turning
around has been hard won as you know. And, what a run we have had together.

Now, we have to exceed the expectations of our clients, our investors, our regulators, and
our other stakeholders around the world. Since this is our second act, it is all about the
quality, integrity, and power of our performance. Please know: my confidence in you is
unqualified. You got us this far. I know you will take us an independent company once
again to new levels of achievement.

This has been a long walk since September of 2008. Let`s Iace it it hasn`t always been
fun. Our next steps together are perhaps even more significant than all that you have done in
the last five years to reconstruct what we nearly lost: our company.

My job now is to urge each of you to face tomorrow bring on tomorrow with the focus
and determination that brought us to this point. I know that we will succeed together. But
today, let`s take a Iew moments to reflect and celebrate.

What a way to end the year. How are we going to top this next year?

Thank you, from the bottom of my heart. I am so proud at this moment of each of you.

Sincerely,