29
February 2024
CHINA PACIFIC INSURANCE
(GROUP) CO., LTD.
(A joint stock company
incorporated in the People's Republic of China with limited
liability)
Election of Directors and
Shareholder Representative Supervisors, Appointment of Chairman and
Vice Chairman of The Board of Directors, President and the Members
of the Special Committees of the 10th Session of the Board of
Directors
Reference is made to the announcement on the
poll results of the extraordinary general meeting (the
"EGM") of China Pacific
Insurance (Group) Co., Ltd. (the "Company") dated 29
February 2024.
ELECTION OF DIRECTORS OF THE 10TH SESSION OF THE BOARD
OF DIRECTORS
Through the votes of the shareholders of the
Company at the EGM, the election and re-election of all the
director candidates of the 10th session of the board of directors
of the Company (the "Board of
Directors") were duly approved by the shareholders of the
Company. According to the relevant regulatory requirements, the
appointment of each of Mr. FU Fan, Mr. HUANG Dinan, Mr. WANG Tayu,
Mr. CHEN Ran, Mr. ZHOU Donghui, Ms. LU Qiaoling, Mr. John Robert
DACEY, Ms. LIU Xiaodan, Ms. LAM Tyng Yih, Elizabeth, Ms. LO Yuen
Man, Elaine, Mr. CHIN Hung I David and Mr. JIANG Xuping as a
director of the 10th session of the Board of Directors took effect
on the date of the EGM. The appointment qualification of Mr. ZHAO
Yonggang is still subject to the approval by the National
Administration of Financial Regulation (the "NAFR").
The biographical details of the above directors
were set out in the notice of the Company dated 5 February
2024.
The term of office of Mr. WU Junhao, being a
director of the 9th session of the Board of Directors, has expired.
The Company would like to thank Mr. WU Junhao for his contributions
to the Company made during his period of service.
ELECTION OF SHAREHOLDER REPRESENTATIVE SUPERVISORS OF THE 10TH
SESSION OF THE BOARD OF SUPERVISORS
Through the votes of shareholders of the
Company at the EGM, the election and re-election of all the
shareholder representative supervisor candidates of the 10th
session of the board of supervisors of the Company (the
"Board of Supervisors")
were duly approved by the shareholders of the Company. According to
the relevant regulatory requirements, the appointment of Mr. ZHU
Yonghong as a shareholder representative supervisor of the 10th
session of the Board of Supervisors took effect on the date of the
EGM. The appointment of Mr. YUE Lin is still subject to the
approval by the NAFR.
The biographical details of the above
supervisors were set out in the notice of the Company dated 5
February 2024.
The term of office of Mr. LU Ning, being a
shareholder representative supervisor of the 9th session of the
Board of Supervisors, has expired. The Company would like to thank
Mr. LU Ning for his contributions to the Company made during his
period of service.
Until the completion of the election of the new
session of the Board of Supervisors, the ninth session of the Board
of Supervisors is still required to perform its duties in
accordance with relevant laws and regulations as well as the
provisions of the Articles of Association.
APPOINTMENT OF CHAIRMAN, VICE CHAIRMAN OF THE BOARD OF
DIRECTORS AND PRESIDENT
The Company is pleased to announce that the
first meeting of the 10th session of the Board of Directors was
held on 29 February 2024. At the meeting, Mr. FU Fan was elected as
the Chairman of the Board of Directors, Mr. HUANG Dinan was elected
as the Vice Chairman of the Board of Directors, and Mr. ZHAO
Yonggang was appointed as President.
APPOINTMENT
OF THE MEMBERS OF THE SPECIAL
COMMITTEES OF THE 10TH SESSION OF THE BOARD OF DIRECTORS
The Board of Directors herby announces that the
Audit Committee has been renamed to Audit and Related Party
Transaction Control Committee and Risk Management and Related Party
Transaction Control Committee has been renamed to Risk Management
Committee.
The 10th session of the Board of Directors has
five committees, namely the Strategic and Investment
Decision-Making & ESG Committee, the Audit and Related Party
Transaction Control Committee, the Nomination and Remuneration
Committee, the Risk Management Committee and the Technological
Innovation and Consumer Rights Protection Committee. The
composition of each committee is as follows:
Strategic and Investment Decision-Making
& ESG Committee
Chairman: FU Fan (Executive
Director)
Other members: CHIN Hung I David (Independent
Non-executive Director)
HUANG Dinan (Non-executive Director)
LU Qiaoling (Non-executive Director)
John Robert DACEY (Non-executive
Director)
Audit and Related Party Transaction Control
Committee
Chairman: LAM Tyng Yih, Elizabeth
(Independent Non-executive Director)
Other members: LO Yuen Man, Elaine
(Independent Non-executive Director)
ZHOU Donghui (Non-executive
Director)
JIANG Xuping (Independent
Non-executive Director)
Nomination and Remuneration Committee
Chairman: LIU Xiaodan (Independent
Non-executive Director)
Other members: WANG Tayu (Non-executive
Director)
CHIN Hung I David (Independent Non-executive
Director)
JIANG Xuping (Independent Non-executive
Director)
Risk Management Committee
Chairman: ZHAO Yonggang (Executive
Director)
Other members: WANG Tayu (Non-executive
Director)
LAM Tyng Yih, Elizabeth (Independent
Non-executive Director)
LO Yuen Man, Elaine (Independent Non-executive
Director)
Technological Innovation and Consumer Rights Protection
Committee
Chairman: JIANG Xuping (Independent
Non-executive Director)
Other members: CHEN Ran (Non-executive
Director)
ZHOU Donghui (Non-executive
Director)
ZHAO Yonggang (Executive
Director)
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.