CONTENTS Chartis Inc. SunAmerica Financial Group IFC Overview 2 Chairman’s Message 3 CEO’s Letter to Shareholders 4 Moving Forward 10 Board of Directors 11 2011 Form 10-K IBC Shareholder Information SunAmerica Financial Group (SunAmerica) is one of the  largest life insurance and retirement services organizations  in the United States. With one of the broadest distribu- tion networks in the industry, SunAmerica helps its more  than 18 million customers meet the challenges of financial  and retirement security through American General, AGLA,  VALIC, Western National, SunAmerica Asset Management,  SunAmerica Retirement Markets, SunAmerica Affordable  Housing Partners, Royal Alliance, SagePoint Financial,  and FSC Securities.  Chartis Inc. (Chartis) is a world-leading property-casualty  and general insurance organization serving more than 70  million clients around the world. With one of the industry’s  most extensive ranges of products and services, deep claims  expertise, and excellent financial strength, Chartis enables  its commercial and personal insurance clients to manage  virtually any risk with confidence.  Q  V o t e d best claims service  in response to the New  Zealand earthquakes, according to a survey by the  Insurance Brokers Association of New Zealand.  Q  P a r t n e r dw i t ht h eN a t i o n a lC o u n c i lo fY o u t hS p o r t s  i n t h e U . S t o l a u n c h “ aHead of the Game ,” a program  to reduce concussions and other head injuries in   y o u t h s p o r t s . Q AIU Japan  ranked  #1  in two categories in the 2011   J . D P o w e r A s i a P c i fi  c Customer Satisfaction Study. Q  H a n d - e l i v e r d $10 million  claims check to the   L a m b e r t - S . L o u i s I n t e r n a t i o n a l A i r p o t w i t h n four days  o f t h e A p r i l 2 0 1 M i s o u r i s t o r m s . Q  V o t e d best European casualty insurer  for 2011 by   r e a d r s o f Intelligent Insurer. Q  U n c o v e r ds i g n i fi  cant new information surrounding the  e v o l i n g r e t i m e n t a i t u d e s o f t d a y ’ s p r e - t i r e s  t h r o u g h i t s groundbreaking  SunAmerica Retirement   R e - S t SM  Study. Q  E a r n e d top sales rankings  in 2011 across product lines:  # 1 i n fi  xed annuities, #4 in total annuities, #5 in term life, and #6 in variable annuities.  Q  R e c o g n i z e d over 25 times  in 2011 by various  industry associations for industry-leading customer  and participant services, as well as marketing and   c l i e n t m a t e r i a l s .