Ping An Insurance (Group) Co. Ltd. ("Ping An") announced that it will change the purpose of 102,592,612 A-share shares repurchased through the centralized bidding trading system of the Shanghai Stock Exchange from August 27, 2021 to August 26, 2022, which were originally planned for the employee shareholding plan, to be cancelled. This reflects the company's confidence in future development and aims to protect the interests of investors. The cancellation of shares requires the approval of the board of directors and the shareholders' meeting and the approval of the China Banking and Insurance Regulatory Commission. After completion, the company's registered capital and total share capital will be correspondingly reduced. Ping An will strictly abide by relevant laws, regulations and regulatory requirements to implement the share buyback cancellation procedures. The announcement date is July 16, 2024.

Ping An Insurance (Group) Co. Ltd. ("Ping An") announced that it will change the purpose of 102,592,612 A-share shares repurchased through the centralized bidding trading system of the Shanghai Stock Exchange from August 27, 2021 to August 26, 2022, which were originally planned for the employee shareholding plan, to be cancelled. This reflects the company's confidence in future development and aims to protect the interests of investors. The cancellation of shares requires the approval of the board of directors and the shareholders' meeting and the approval of the China Banking and Insurance Regulatory Commission. After completion, the company's registered capital and total share capital will be correspondingly reduced. Ping An will strictly abide by relevant laws, regulations and regulatory requirements to implement the share buyback cancellation procedures. The announcement date is July 16, 2024.