29
February 2024
CHINA PACIFIC INSURANCE
(GROUP) CO., LTD.
(A joint stock company
incorporated in the People's Republic of China with limited
liability)
Resignation of
Supervisor
China Pacific Insurance (Group) Co.,
Ltd. (the "Company") hereby announces that
Mr. JI Zhengrong has tendered his resignation to the board of
supervisors of the Company and resigned from his positions as the
vice chairman of the board of supervisors and employee
representative supervisor of the Company due to his age. The
resignation of Mr. JI Zhengrong took effect from 28 February
2024.
Mr. JI Zhengrong has confirmed that
he has no disagreement with the board of supervisors of the Company
and that there is no other matter in relation to his resignation
that needs to be brought to the attention of the shareholders and
creditors of the Company.
Pursuant to the Company Law and
other relevant laws and regulations, and the requirements of the
articles of association of the Company, the resignation of Mr. JI
Zhengrong will not cause the number of members of the board of
supervisors of the Company to fall below the quorum, nor affect the
normal operation of the board of supervisors of the
Company.
During his tenure of service, Mr. JI
Zhengrong has fulfilled his duties with dedication and diligence,
and has carried out a great deal of work to improve the supervision
system of the board of supervisors, enhance the corporate
governance level, and safeguard the interests of the Company,
shareholders and employees, effectively supporting the Company's
sustainable high-quality development. The board of supervisors of
the Company would like to express its sincere gratitude to Mr. JI
Zhengrong for his positive contributions to the Company during his
tenure of service!
By Order
of the Board of Directors
China Pacific Insurance (Group) Co., Ltd.
FU Fan
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.