The board of directors of New China Life Insurance Company Ltd. received the resignation from Mr. GUO Ruixiang on 18 August 2021. Mr. GUO Ruixiang hereby resigned from his positions as a non-executive director, a member of the Investment Committee, Audit and Related Party Transaction Control Committee and Risk Management and Consumer Rights Protection Committee of the Board of the Company due to work related reasons. The resignation of Mr. GUO Ruixiang was effective upon its delivery to the Board of the Company.