CHINA LIFE INSURANCE CO., LTD. HELD THE THIRTY-EIGHTH MEETING OF THE 7TH BOARD OF DIRECTORS ON MAY 24, 2024, WITH THE VENUE IN BEIJING. The meeting should be attended by 10 directors, in fact 8 directors were present, including Executive Director Li Ming Kwong, Liu Hui, Nguyen Qi, Non-Executive Director Wang Junhui, Cheung Mei Juan, and independent Director Zhai Haitao, etc. Chairman Bai Tao appointed a representative of Li Ming Kuong to attend due to the failure to attend due to the fact that he was unable to attend for public affairs. The meeting included the nomination of Mr. Lu Feng as an Independent Director candidate for the eighth term of the Board, and the consideration of the 2023 Solvency Stress Test Report and the Asset Management Report. All the motions passed with a full vote. Mr. Lu Feng is a professor at Peking University with extensive experience in economics and finance.

CHINA LIFE INSURANCE CO., LTD. HELD THE THIRTY-EIGHTH MEETING OF THE 7TH BOARD OF DIRECTORS ON MAY 24, 2024, WITH THE VENUE IN BEIJING. The meeting should be attended by 10 directors, in fact 8 directors were present, including Executive Director Li Ming Kwong, Liu Hui, Nguyen Qi, Non-Executive Director Wang Junhui, Cheung Mei Juan, and independent Director Zhai Haitao, etc. Chairman Bai Tao appointed a representative of Li Ming Kuong to attend due to the failure to attend due to the fact that he was unable to attend for public affairs. The meeting included the nomination of Mr. Lu Feng as an Independent Director candidate for the eighth term of the Board, and the consideration of the 2023 Solvency Stress Test Report and the Asset Management Report. All the motions passed with a full vote. Mr. Lu Feng is a professor at Peking University with extensive experience in economics and finance.