Resignation of Director of the Board

China Pacific Insurance Grp Co. Ltd

29 August 2024

 

29 August 2024

CHINA PACIFIC INSURANCE (GROUP) CO., LTD.

(A joint stock company incorporated in the People's Republic of China with limited liability)

Resignation of Director of the Board

The board of directors (the "Board") of China Pacific Insurance (Group) Co., Ltd. (the "Company") hereby announces that Ms. LIU Xiaodan ("Ms. LIU") has submitted her resignation to the Board on 28 August 2024, resigning from her position as independent non-executive director and chairwoman of the Nomination and Remuneration Committee of the Board due to her work arrangement.

Since the resignation of Ms. LIU will result in the number of independent non-executive directors of the Company falling below the relevant regulatory requirements and the requirements of the Articles of Association of China Pacific Insurance (Group) Co., Ltd., Ms. LIU will continue to perform her duties until the appointment qualifications of the new independent non-executive director are approved by the regulatory authorities.

Ms. LIU has confirmed that she has no disagreement with the Board and that there is no matter in respect of her resignation that needs to be brought to the attention of the shareholders and creditors of the Company. During the tenure of office, Ms. LIU performed her duties with diligence and dedication. The Board would like to express

its sincere gratitude to Ms. LIU for her contributions to the Company!

          By Order of the Board of Directors

China Pacific Insurance (Group) Co., Ltd.

FU Fan

Chairman

About CPIC

CPIC is a joint stock company established under the laws of the People's Republic of China with limited liability.

CPIC's registered office is located at 1 South Zhongshan Road, Huangpu District, Shanghai, the People's Republic of China.

 

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