China Life Insurance Co., Ltd. held its 40th meeting of the seventh Board of Directors on June 26, 2024. The meeting was chaired by Chairman Bai Tao, and nine directors attended. The meeting passed a resolution on the distribution of mid-year profits in 2024, deciding to distribute cash dividends to shareholders, not exceeding 30% of the net profit attributable to shareholders of the parent company in the first half of 2024, subject to the condition of available distributable profits. In addition, the meeting also reviewed and passed the resolution on post-investment matters of Qihang Fund and the addition of preferred stock investment for Zhongcheng Project. All resolutions were passed unanimously and there were no opposing or abstaining votes. The convening and resolutions of the meeting comply with relevant laws and regulations and company articles of association.

China Life Insurance Co., Ltd. held its 40th meeting of the seventh Board of Directors on June 26, 2024. The meeting was chaired by Chairman Bai Tao, and nine directors attended. The meeting passed a resolution on the distribution of mid-year profits in 2024, deciding to distribute cash dividends to shareholders, not exceeding 30% of the net profit attributable to shareholders of the parent company in the first half of 2024, subject to the condition of available distributable profits. In addition, the meeting also reviewed and passed the resolution on post-investment matters of Qihang Fund and the addition of preferred stock investment for Zhongcheng Project. All resolutions were passed unanimously and there were no opposing or abstaining votes. The convening and resolutions of the meeting comply with relevant laws and regulations and company articles of association.