The board of directors of China Life Insurance Company Limited announced that following the election of Mr. Bai Tao as an Executive Director of the Company by the shareholders of the Company at the first extraordinary general meeting 2022 held on 27 April 2022 (the "EGM"), Mr. Bai Tao was elected as the Chairman of the Board at the eleventh meeting of the seventh session of the Board held on
the same day.