Ping An Insurance (referred to as "the Company") voluntarily announced on July 15, 2024 the proposal to issue convertible bonds denominated in US dollars to professional investors. The proposal has not been implemented and no final agreement has been reached. The convertible bonds will not be sold in the United States or other restricted areas and will be sold outside the United States in accordance with the Securities Act Regulation S. The Company plans to use the proceeds for financial business development, medical and retirement new strategic business, and general corporate purposes. The Company will apply to the Hong Kong Stock Exchange for the approval of the convertible bonds and the listing of its H shares after conversion. The joint global coordinators, joint bookrunners and joint lead managers mentioned in the announcement are Morgan Stanley Asia Limited and J.P. Morgan Securities (Asia Pacific) Limited.

Ping An Insurance (referred to as "the Company") voluntarily announced on July 15, 2024 the proposal to issue convertible bonds denominated in US dollars to professional investors. The proposal has not been implemented and no final agreement has been reached. The convertible bonds will not be sold in the United States or other restricted areas and will be sold outside the United States in accordance with the Securities Act Regulation S. The Company plans to use the proceeds for financial business development, medical and retirement new strategic business, and general corporate purposes. The Company will apply to the Hong Kong Stock Exchange for the approval of the convertible bonds and the listing of its H shares after conversion. The joint global coordinators, joint bookrunners and joint lead managers mentioned in the announcement are Morgan Stanley Asia Limited and J.P. Morgan Securities (Asia Pacific) Limited.