Appointment of Member of Committees of the Board

3 August 2023

CHINA PACIFIC INSURANCE (GROUP) CO., LTD.

(A joint stock company incorporated in the People's Republic of China with limited liability)

Appointment of Member of Audit Committee and Risk Management and

Related Party Transaction Control Committee

The board of directors (the "Board") of China Pacific Insurance (Group) Co., Ltd. hereby announces that Ms. LO Yuen Man, Elaine was appointed as a member of audit committee and a member of risk management and related party transaction control committee of the Board at the 26th meeting of the ninth Board convened by way of written resolutions on 3 August 2023.

By Order of the Board of Directors

China Pacific Insurance (Group) Co., Ltd.

KONG Qingwei

Chairman

About CPIC

CPIC is a joint stock company established under the laws of the People's Republic of China with limited liability.

CPIC's registered office is located at 1 South Zhongshan Road, Huangpu District, Shanghai, the People's Republic of China.