China Life Insurance Company Limited announced the election of Ms. Zhuo Meijuan as a Non-executive Director of the seventh session of the board of directors of the Company (the "Board") at the third extraordinary general meeting 2022 (the "EGM") of the Company held on the same day, and (ii) the announcement of the Company dated 12 May 2023 in relation to the election of Ms. Ye Yinglan as an Employee Representative Supervisor of the seventh session of the board of supervisors of the Company at the tenth extraordinary meeting of the third session of the employee representative meeting of the Company. The Company has recently received the approval of qualification of Ms. Zhuo Meijuan and Ms. Ye Yinglan issued by the National Administration of Financial Regulation (the "NAFR", the predecessor of which is the China Banking and Insurance Regulatory Commission). Pursuant to the approval, the qualification of Ms. Zhuo Meijuan as a Director of the Company and the qualification of Ms. Ye Yinglan as a Supervisor of the Company have been approved by the NAFR.

Their term of service commenced on 21 June 2023. With effect from the same day, Ms. Zhuo Meijuan has served as a member of the Risk Management and Consumer Rights Protection Committee of the seventh session of the Board.