China Reinsurance (Group) Corporation dated 3 March 2023 in relation to, among other things, the election of Ms. Ye Mei as an independent non-executive director of the fifth session of the board of directors of the company. The appointment of Ms. Ye Mei in relation to the above position shall be effective upon her qualification as a director being approved by the National Administration of Financial Regulation and the implementation of the procedural requirements stipulated in the articles of association of the company. The Board announced that the company received the approval from the National Administration of Financial Regulation on the qualification of Ms. Ye Mei on 12 December 2023.

Pursuant to such approval, the National Administration of Financial Regulation approved the qualification of Ms. Ye Mei as a director of the Company. On 20 December 2023, the company officially appointed Ms. Ye Mei as an independent non-executive director of the Company, and Ms. Ye Mei officially started to perform her duties on such date until the expiry of the term of the fifth session of the Board and is eligible for re-election upon expiry of her term of office.