The board of directors of China Reinsurance (Group) Corporation announced that, due to work rearrangement, Ms. Xiong Lianhua has tendered her resignation as the chairlady of the board of supervisors of the Company (the "Board of Supervisors"), a Supervisor and the chairlady of the Performance Supervision and Inspection Committee of the Board of Supervisors. The resignation will come into effect from 29 April 2022 when the letter of resignation from Ms. Xiong Lianhua has been served on the Board of Supervisors.