CARNOUSTIE 2021

Press Release
A New Benchmark For Women’s Golf | Record Prize Fund at AIG Women’s Open18 August 2021, Carnoustie, Scotland: The AIG Women’s Open has set a new benchmark for prize
money in women’s golf with the announcement that the prize fund for this year’s Championship will
increase by $1.3 million to $5.8 million with the winner earning $870,000.

With the support of title sponsor AIG, the largest prize fund in women’s Major Championship golf will
increase by a further $1 million to no less than $6.8 million in 2022. This will more than double the prizefund from 2018 before AIG’s partnership with The R&A commenced.
The AIG Women’s Open takes place from 19-22 August at Carnoustie and will be played in 2022 at
Muirfield, another of Scotland’s world-renowned links courses.
Martin Slumbers, Chief Executive of The R&A, said: “We are absolutely committed to elevating the AIG
Women’s Open and enhancing its status as one of golf’s premier Championships. With our partners at
AIG, we are taking action to make change happen and sending out a strong signal that more needs tobe done by everyone involved to grow women’s golf. It needs greater investment and support from golf
bodies, sponsors, the media and fans to help us grow the game’s commercial success and generate theincome and revenues necessary to make prize fund growth viable and sustainable.
“We have set a new benchmark for prize money in women’s Major Championship golf this week and,thanks to AIG, will build on it still further next year. We hope this will inspire other events to follow ourlead and help us to take a collective leap forward for the women’s game.”Peter Zaffino, President and Chief Executive Officer of AIG, said, “AIG is proud to be the title sponsor ofthe AIG Women’s Open, which is one of the most prestigious and celebrated golf Championships in theworld. We are committed to serving as allies to women in golf, in business and in the communities wherewe live and work.
“Striving for pay equity and highlighting the achievements of successful women are critical components tothis commitment and part of AIG’s core values. We are very pleased with today’s announcement as it
represents an important step forward in raising the profile of women’s golf and the status of the AIG
Women’s Open.
“We thank The R&A for their excellent partnership and I am confident that together we will continue tolead the way in achieving meaningful progress.”
In 2019, in AIG’s first year as title sponsor of the Championship the prize fund was increased by $1.25
million to $4.5 million, an increase of almost 40% on the previous year.
The prize fund for the 2021 AIG Women’s Open is set out below:
Place

USD

Place

USD

1870,000

3931,597

2572,750

4030,339

3414,828

4129,082

4320,356

4227,824

5

257,3824326,560

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6

210,14644

25,302

7

175,50745

24,357

8

153,467

46

23,412

9

137,72147

22,467

10

125,12448

21,522

11

115,674

49

20,577

12

107,80250

19,632

13

100,87451

19,006

14

94,57852

18,37415

88,90953

17,742

16

83,871

54

17,116

17

79,46555

16,48418

75,68556

15,852

19

72,53757

15,22620

70,01558

14,59421

67,50059

13,96822

64,97860

13,33623

62,462

61

13,02324

59,94062

12,70425

57,73763

12,391

26

55,5346412,078

27

53,32565

11,75928

51,122

66

11,44629

48,92067

11,13330

47,03068

10,81431

45,14069

10,501

32

43,25070

10,18933

41,360

71

7,604

34

39,470

72

7,428

35

37,899

73

7,252

36

36,322

74

7,076

37

34,751

75

6,900

38

33,17476

6,725

About AIG
American International Group, Inc. (AIG) is a leading global insurance organization. AIG member
companies provide a wide range of property casualty insurance, life insurance, retirement solutions, andother financial services to customers in approximately 80 countries and jurisdictions. These diverseofferings include products and services that help businesses and individuals protect their assets, manage
risks and provide for retirement security. AIG common stock is listed on the New York Stock Exchange.
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Additional information about AIG can be found at www.aig.com | YouTube: www.youtube.com/aig |Twitter: @AIGinsurance www.twitter.com/AIGinsurance | LinkedIn: www.linkedin.com/company/aig.
These references with additional information about AIG have been provided as a convenience, and theinformation contained on such websites is not incorporated by reference into this press release.
AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance
operations of American International Group, Inc. For additional information, please visit our website atwww.aig.com. All products and services are written or provided by subsidiaries or affiliates of American
International Group, Inc. Products or services may not be available in all countries and jurisdictions, andcoverage is subject to underwriting requirements and actual policy language. Non-insurance products
and services may be provided by independent third parties. Certain property-casualty coverages may beprovided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty
funds, and insureds are therefore not protected by such funds.
About The R&A
The R&A group of companies was formed in 2004 to take on The Royal and Ancient Golf Club of St
Andrews’ responsibilities for governing the Rules of Golf, staging The Open, golf’s original championship,and developing the sport. The R&A World Golf Museum in St Andrews is part of the R&A group.
Together The R&A and the USGA govern the sport of golf worldwide, operating in separate jurisdictions
with a commitment to a single code for the Rules of Golf, Rules of Amateur Status and Equipment
Standards. The R&A, through R&A Rules Ltd, governs the sport worldwide, outside of the United States andMexico, on behalf of over 36 million golfers in 146 countries and with the consent of 159 organisations
from amateur and professional golf.
The R&A has responsibility for running a series of world class amateur events and international matches
in women’s and girls’ as well as men’s and boys’ golf. The R&A stages the AIG Women’s Open and workswith the European Tour to stage the Senior Open presented by Rolex.
The R&A is committed to investing £200 million over ten years in developing golf and supports the growthof the sport internationally, including the development and management of sustainable golf facilities. For
more information, visit www.randa.org.
Further information:
The R&A Corporate Communications+44 (0)1334 460000
media@randa.org
Dana E. Ripley
Head of Media Relations & External Communications
American International Group, Inc. (AIG)+1 (212) 770-4221
Dana.Ripley@aig.com

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