Employee Stock Option/ Share Scheme::Grant of Share Options

Hong Kong Exchanges and Clearing Limited, The Stock Exchange of Hong Kong Limited and the Singapore Exchange Securities Trading Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

(Incorporated and registered in England and Wales under the number 01397169)

(Stock Code: 2378)

GRANT OF SHARE OPTIONS

This announcement is made pursuant to Rule 17.06A of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "Listing Rules").

Prudential plc ("Prudential" or the "Company") announces that on 2 November 2021, options were granted over a total of 397,341 shares (the "Options") to certain eligible agents of the Company, under the Prudential International Savings-Related Share Option Scheme for Non-Employees. A summary is set out below:

Date of grant	:	2 November 2021
Exercise price of Options granted	: GBP 11.89 per share
Closing price of a Prudential GBP	:	GBP 14.82

0.05 Ordinary Share on the date of grant

Validity periods of the Options : Three (3) years, exercisable from 1 December 2024 to 31 May 2025 Five (5) years, exercisable from 1 December 2026 to 31 May 2027

None of the Grantees of the Options is a director, chief executive or substantial shareholder of the Company, nor an associate (as defined in the Listing Rules) of any of them.

Name of contact and telephone number for enquiries:

Group Secretariat
Jennie Webb	[phone]
Sylvia Edwards	[phone]

Note:

Prudential plc provides life and health insurance and asset management, with a focus on Asia and Africa. The business helps people get the most out of life, by making healthcare affordable and accessible and by promoting financial inclusion. Prudential protects people's wealth, helps them grow their assets, and empowers them to save for their goals. The business has more than 17 million life customers in Asia and Africa and is listed on stock exchanges in London, Hong Kong, Singapore and New York. Prudential is not affiliated in any manner with Prudential Financial, Inc. a company whose principal place of business is in the United States of America, nor with The Prudential Assurance Company Limited, a subsidiary of M&G plc, a company incorporated in the United Kingdom.

By order of the Board

Prudential plc

Tom Clarkson

Company Secretary

3 November 2021, London

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As at the date of this announcement, the Board of Directors of Prudential plc comprises:

Chair

Baroness Shriti Vinodkant Vadera

Executive Directors

Michael Andrew Wells (Group Chief Executive), Mark Thomas FitzPatrick CA and Stuart James Turner FCA FCSI FRM

Independent Non-executive Directors

Jeremy David Bruce Anderson CBE, Chua Sock Koong, David John Alexander Law ACA, Ming Lu, Anthony John Liddell Nightingale CMG SBS JP, The Hon. Philip John Remnant CBE FCA,

Alice Davey Schroeder, Thomas Ros Watjen, Jane Fields Wicker-MiurinOBE, Jeanette Kai Yuan Wong and Yok Tak Amy Yip

* For identification purposes

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