New China Life Insurance Company Ltd. announced that it has received the resignation letter from Mr. WANG Chengran, the chairman of the board of supervisors, on 8 April 2021. Mr. WANG Chengran resigned from his positions as the shareholder representative supervisor, the chairman of the board of supervisors and all other positions of the company due to his age. According to relevant provisions of the Articles of Association, before the appointment of a new supervisor, Mr. WANG Chengran will continue to perform the duties as a supervisor in accordance with laws, regulations, regulatory documents and the Articles of Association. The company will complete the election of new supervisor(s) and subsequent work as soon as possible in accordance with relevant laws and regulations and the Articles of Association.