New China Life Insurance Company Ltd. announced resignation of Mr. LI Xianglu, Mr. ZHENG Wei and Mr. CHENG Lie from positions as independent non-executive directors of the Company according to relevant regulatory provisions as they have served as independent non-executive directors of the Company for 6 consecutive years. On the same date after the qualification of Mr. LAI Guanrong, Ms. XU Xu and Mr. GUO Yongqing as independent non-executive directors took effect, the resignation of Mr. LI Xianglu, Mr. ZHENG Wei and Mr. CHENG Lie became effective, and Mr. Edouard SCHMID, whose term of office has expired, retired as a director of the Company. The above resigned and retired directors have confirmed that they have no disagreement with the Board, and that there is no matter relating to their resignation and retirement that should be brought to the attention of the shareholders of the Company.