Ping An Insurance's subsidiary Lufax Holding Ltd announced on September 27, 2024, a joint announcement stating that Morgan Stanley, on behalf of the consortium, will make a mandatory unconditional cash tender offer for Lufax shares. This offer involves the acquisition of all issued Lufax shares and American depositary shares, as well as the cancellation of all unexercised Lufax options. The comprehensive documents have been sent to independent Lufax shareholders and other relevant holders on the same day, containing offer details, expected timeline, and terms. The offer start date is September 27, 2024, with a deadline set for October 28, 2024. The Lufax board of directors and independent financial advisors have made recommendations to relevant holders regarding this offer. The directors of Ping An Insurance, Lufax, and Ant Technology accept responsibility for the accuracy of the announcement and confirm there are no omissions.

Ping An Insurance's subsidiary Lufax Holding Ltd announced on September 27, 2024, a joint announcement stating that Morgan Stanley, on behalf of the consortium, will make a mandatory unconditional cash tender offer for Lufax shares. This offer involves the acquisition of all issued Lufax shares and American depositary shares, as well as the cancellation of all unexercised Lufax options. The comprehensive documents have been sent to independent Lufax shareholders and other relevant holders on the same day, containing offer details, expected timeline, and terms. The offer start date is September 27, 2024, with a deadline set for October 28, 2024. The Lufax board of directors and independent financial advisors have made recommendations to relevant holders regarding this offer. The directors of Ping An Insurance, Lufax, and Ant Technology accept responsibility for the accuracy of the announcement and confirm there are no omissions.