英国保诚 2025年年度报告和过渡报告

If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section13 or 15(d)of the Securities Exchange Act of 1934. Indicate by check mark whether the registrant: (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of1934 during the preceding 12months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject tosuch filing requirements for the past 90days. Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant toRule405 of RegulationS-T (§232.405 of this chapter) during the preceding 12months (or for such shorter period that the registrant was requiredto submit and post such files). Table of Contents Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer, or an emerging growthcompany. See definition of “large accelerated filer," "accelerated filer," and "emerging growth company” in Rule12b-2 of the Exchange Act.Large accelerated filer☒Accelerated filer☐Non-accelerated filer☐Emerging growth company☐If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant haselected to not use the extended transition period for complying with any new or revised financial accounting standards†provided pursuant to Section13(a) of the Exchange Act.☐Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of itsinternal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firmthat prepared or issued its audit report.☒If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant includedin the filing reflect the correction of an error to previously issued financial statements.☐Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensationreceived by any of the registrant’s executive officers during the relevant recovery period pursuant to § 240.10D-1(b).☐Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing:U.S.GAAP☐International Financial Reporting Standardsas issued by the International Accounting Standards Board☒Other☐If “Other” has been checked in response to the previous question, indicate by check mark which financial statement item the registrant has electedto follow:☐Item17☐Item18If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act).☐Yes☒No*Not for trading, but only in connection with the registration of American Depositary Shares.†The term "new or revised financial accounting standard" refers to any update issued by the Financial Accounting Standards Board to its Accounting Standards Codification after 5 April2012. Table of Contents Table of contents Table of Contents Table of Contents Table of Contents Table of Contents This 2024 Annual Report may include references to our website. Information on our website or any other website referenced in this 2024Annual Report is not incorporated herein and should not be considered to be part of this 2024 Annual Report. We have included any website asan inactive textual reference only. Operations processes risk Operations processes risk is the risk of failure to adequately or accurately process different types of operational transactions, includingcustomer servicing and asset and investment management operations. Due to human error, among other reasons, operations andprocess control incidents do occur from time to time and no system or process can entirely prevent occurrence. The Group aims to manage the risk effectively by maintaining operational resilience and honouring commitments to customers andother stakeholders, whilst avoiding material adverse financial loss or impact on its reputation. Further detail on the risks to the Grouparising from system issues or control gaps is included in sections 3.1 and 3.3 in the Risk factors. Change management risk Change management risk remains a material risk for Prudential, with a number of significant change programmes underway which, ifnot delivered and executed effectively with adequate and capable resources to defined timelines, scope and cost, may negativelyimpact its operational capability, control environment, employees, reputation and ability to deliver its strategy and maintain marketcompetitiveness. The current portfolio of transformation and significant change programmes includes: (i) delivering the Group’sbusiness strategy together wi