The board of directors (the "Board") of China Reinsurance (Group) Corporation (the "Company") announced that Mr. Li Bingquan has tendered his resignation as the non-executive director of the Company, the vice chairman and a member of the audit committee, a member of the strategy and investment committee and a member of the risk management committee of the Board due to work re-arrangement. The resignation of Mr. Li Bingquan comes into effect on 4 January 2024 when the letter of resignation from Mr. Li Bingquan has been served on the Board.