Following the approval by the shareholders of the China Life Insurance Company Limited at the AGM, Mr. Bai Tao, Mr. Li Mingguang, Ms. Liu Hui and Mr. Ruan Qi have been elected as Executive Directors of the eighth session of the Board of Directors, Mr. Wang Junhui, Mr. Niu Kailong, Ms. Hu Jin and Mr. Hu Rong have been elected as Non-executive Directors of the eighth session of the Board of Directors, and Mr. Lam Chi Kuen, Mr. Zhai Haitao, Ms. Chen Jie and Mr. Lu Feng have been elected as Independent Directors of the eighth session of the Board of Directors. The qualification of each of Mr. Niu Kailong, Ms. Hu Jin, Mr. Hu Rong and Mr. Lu Feng as a Director is subject to the approval of the National Financial Regulatory Administration (the "NFRA"). At a meeting of the Board of Directors of the Company Mr. Bai Tao was elected as the Chairman of the eighth session of the Board of Directors.

The Board of Directors also appointed members of the five specialized committees, namely the Audit Committee, the Nomination and Remuneration Committee, the Risk Management and Consumer Rights Protection Committee, the Strategy and Assets and Liabilities Management Committee and the Connected Transactions Control Committee of the eighth session of the Board of Directors. The members of each of the specialized committees are as follows: Audit Committee: Mr. Lam Chi Kuen (Chairman), Mr. Zhai Haitao, and Ms. Chen Jie. Nomination and Remuneration Committee: Ms. Chen Jie (Chairman), Mr. Wang Junhui, and Mr. Lam Chi Kuen.

Risk Management and Consumer Rights Protection Committee: Mr. Lu Feng (Chairman), Mr. Ruan Qi, Ms. Hu Jin, Mr. Hu Rong, and Ms. Chen Jie. Strategy and Assets and Liabilities Management Committee: Mr. Zhai Haitao (Chairman), Mr. Li Mingguang, Ms. Liu Hui, Mr. Niu Kailong, and Mr. Lu Feng. Connected Transactions Control Committee: Ms. Chen Jie (Chairman), Mr. Lam Chi Kuen, Mr. Zhai Haitao, and Mr. Lu Feng.

Following the approval by the shareholders of the Company at the AGM, Mr. Gu Haishan has been elected as a Non-employee Representative Supervisor of the eighth session of the Board of Supervisors. The qualification of Mr. Gu Haishan as a Supervisor is subject to the approval of the NFRA. Ms. Zhuo Meijuan, a Non-executive Director of the seventh session of the Board of Directors, whose term of office ended upon expiry of the term of the seventh session of the Board of Directors, retired as a Non-executive Director and a member of the Risk Management and Consumer Rights Protection Committee of the Company upon conclusion of the AGM.

Ms. Zhuo Meijuan has confirmed that she has no disagreement with the Board of Directors and there are no other matters relating to her retirement that need to be brought to the attention of the shareholders of the Company. Mr. Niu Kailong, a Supervisor of the seventh session of the Board of Supervisors, whose term of office ended upon expiry of the term of the seventh session of the Board of Supervisors, retired as a Supervisor of the Company upon conclusion of the AGM. Mr. Niu Kailong has confirmed that he has no disagreement with the Board of Supervisors and there are no other matters relating to his retirement that need to be brought to the attention of the shareholders of the Company.