The board of directors of China Life Insurance Company Limited announces that, on 28 March 2024, Mr. Huang Yiping tendered his resignation as an Independent Non-executive Director, the Chairman of the Risk Management and Consumer Rights Protection Committee, and a member of each of the Strategy and Assets and Liabilities Management Committee and the Connected Transactions Control Committee of the Company according to the relevant requirements due to his reappointment as a member of the Monetary Policy Committee of the People's Bank of China. As the resignation of Mr. Huang Yiping will result in the number of Independent Non-executive Director falling below the minimum number required by the relevant regulatory requirements and the Articles of Association of the Company, Mr. Huang Yiping will continue to perform the relevant duties as an Independent Non-executive Director, the Chairman and a member of the specialised Board committees until a new Independent Non-executive Director is elected at a general meeting of the Company and his/her qualification is approved by the National Financial Regulatory Administration.