Ping An Insurance of China : Summary of Solvency Report of Ping An Group for 2021

Ping An Insurance (Group)

Company of China, Ltd.

(C-ROSS)

Summary of Solvency Report for 2021

Contents

I. Basic Information.........................................................................................................................................	2
II. Major Indicators .........................................................................................................................................	4
III. Actual Capital............................................................................................................................................	5
IV. Minimum Capital.......................................................................................................................................	5
V. Comprehensive Risk Assessment................................................................................................................	6
VI. Risk Management .....................................................................................................................................	6
VII. Liquidity Risk ......................................................................................................................................	13
VIII. Regulatory Measures Taken by Regulators against the Company ................................................	14

I

Legal representative: Registered address:

Business scope:

Reporting contact: Office telephone: Fax:

Email address:

I. Basic Information

(I) Company overview and reporting contact
Company name:	Ping An Insurance (Group) Company of China, Ltd.
Types of securities and listing places:
	A share	The Shanghai Stock Exchange
	H share	The Stock Exchange of Hong Kong Limited
Stock short names and codes:
	A share	中国平安	601318
	H share	Ping An	2318

Ma Mingzhe

47th, 48th, 109th, 110th, 111th and 112th Floors,

Ping An Finance Center,

No.5033 Yitian Road,

Futian District,

Shenzhen

Investing in financial and insurance enterprises, supervising and managing the onshore and offshore businesses of subsidiaries, and engaging in fund utilization

Ma Yuqiong

0755-22628621

0755-82431029 [e-mail]

(II) Shareholding structure and shareholders

The shareholding structure and shareholders of Ping An Group (the "Group") have been

disclosed in the Annual Report of the Group for 2021.

(III) Particulars of controlling shareholder and de facto controller

2

The shareholding structure of the Group is relatively scattered. There is no controlling shareholder, nor de facto controller.

(IV) Subsidiaries and joint ventures

The information on the subsidiaries and joint ventures of the Group has been disclosed in the Annual Report of the Group for 2021.

(V) Directors, supervisors, and senior management

The information on the directors, supervisors, and senior management of the Group has been disclosed in the Annual Report of the Group for 2021.

3

II. Major Indicators

Indicators	December 31,	December 31,
2021/2021	2020/2020
Core solvency margin ratio (regulatory	228.7%	231.8%
requirement: >= 50%)
Core solvency margin surplus (in RMB	1,454,596	1,395,738
million)
Comprehensive solvency margin ratio	233.5%	236.4%
(regulatory requirement: >= 100%)
Comprehensive solvency margin surplus (in	1,086,208	1,047,336

RMB million)

Premium income (in RMB million)

Net profit (in RMB million)

Net profit attributable to shareholders of the parent company (in RMB million)

760,843797,880

121,802159,359

101,618143,099

Net assets (in RMB million)	1,077,723	987,905
Comprehensive risk assessment result for the	N/A	N/A
latest period

4