Ping An Insurance of China : Procedures for the 2025 Annual General Meeting of Ping An Insurance (Group) Company of China, Ltd.

Procedures for the 2025 Annual General Meeting of Ping An Insurance (Group) Company of China, Ltd.

The 2025 Annual General Meeting of Ping An Insurance (Group) Company of China, Ltd. (hereinafter referred to as the "Company") was convened at 2:00 p.m. on May 20, 2026 at the Ping An Hall, Ping An (Shenzhen) Financial Education and Training Center, No. 7280, Longhua Avenue, Longhua District, Shenzhen, Guangdong Province, the PRC. The Meeting was held by way of a combination of on-site voting and online voting for A shares.

Attendees of the above general meeting comprised shareholders and their proxies, all Directors and the Board Secretary of the Company. Persons in attendance at the above general meeting included the Company's senior management, scrutineers from the vote-monitoring institution, shareholder scrutineers and witness lawyers from Beijing AnJie Broad (Shenzhen) Law Firm. The above general meeting was convened by the Board of Directors of the Company and chaired by Mr. Ma Mingzhe, Chairman of the Board.

1. Opening of the Meeting

   As the Chairman of the Meeting, Mr. Ma Mingzhe, welcomed all shareholders and their proxies to the Company's general meeting, and, on behalf of the Board of Directors and the Company's management, expressed gratitude to all shareholders for their concern and support for the Company.

2. Introduction of agenda and reading of proposed resolutions

   Mr. Sheng Ruisheng, the Board Secretary, introduced the agenda of the Meeting and all the proposed resolutions, including:

   1. Ordinary resolutions by way of non-cumulative voting:

      1. To consider and approve the Report of the Board of Directors of the Company for the Year 2025.

      2. To consider and approve the Report of the Supervisory Committee of the Company for the Year 2025.

      3. To consider and approve the Annual Report of the Company for the Year 2025 and its summary.

      4. To consider and approve the Profit Distribution Plan of the Company for the Year 2025 and the proposed declaration and distribution of final dividends.

      5. To consider and approve the Resolution regarding the Appointment

         of Auditors of the Company for the Year 2026.

      6. To consider and approve the Management Policy for Remuneration of Directors and Senior Management of the Company (2026 Edition).

   2. Special resolution by way of non-cumulative voting:

      1. To consider and approve the Resolution regarding the Proposed Grant of General Mandate by the General Meeting to the Board to Issue H Shares, that is, the grant of a general mandate to the Board to allot, issue and deal with (including the sale and transfer of Treasury Shares, if any, the same below) additional H Shares not exceeding 10% of H Shares in issue (excluding any Treasury Shares) of the Company, at a relevant price represents a discount (if any) of no more than 10% to the benchmark price.

   3. Reports:

      1. To consider and review the performance evaluation results of the Directors for the Year 2025.

      2. To consider and review the performance evaluation results of the Supervisors for the Year 2025.

      3. To consider and review the performance report of the Independent Directors for the Year 2025.

      4. To consider and review the special report on the related party transactions for the Year 2025.

      In addition, in accordance with the relevant requirements of the National Financial Regulatory Administration, the management of the Company also reported to the general meeting on the Company's solvency position for the year, the evaluation of the major shareholder and the remuneration plan for senior management.

3. Announcement of the number of shareholders present at the Meeting on-site and the number of shares represented

   According to the Statistical Report on On-site Attendance of Shareholders read out at the Meeting, 109 A-share shareholders and 8 H-share shareholders attended the 2025 Annual General Meeting of the Company on-site, representing an aggregate of 5,482,875,782 shares, accounting for approximately 30.28% of the total number of shares of the Company carrying voting rights.

   The convening procedures of the general meeting, the issuance of notices and the attendance of shareholders complied with the relevant provisions of the Company Law and the Articles of Association, and

   were lawful and valid.

4. Voting by shareholders present at the Meeting

   Mr. Sheng Ruisheng, the Board Secretary, explained to the shareholders the voting procedures of the Meeting. The Chairman of the Meeting, Mr. Ma Mingzhe announced the commencement of the voting session and invited all shareholders to cast their votes. The voting was scrutinized by two shareholder representatives and the vote-monitoring institution, while lawyers from Beijing AnJie Broad (Shenzhen) Law Firm acted as witness lawyers to oversee the voting results.

5. Q&A session with shareholders

   During the counting of votes, the Meeting proceeded to the Q&A session with shareholders. The management of the Company responded to questions raised by shareholders one by one. Before the conclusion of the Q&A session, the Chairman of the Meeting, Mr. Ma Mingzhe, once again expressed gratitude to all shareholders for their participation and support on behalf of the Board of Directors and management of the Company.

6. Announcement of voting results and resolutions passed

The Company announced the voting results of the 2025 Annual General Meeting, and the relevant resolutions were duly passed.

The record is hereby made.