PICC GROUP (01339): Wang Tingke, Zhao Peng, Li Zhuyong and Xiao Jianyou were appointed as executive directors.

PICC GROUP (01339) announced that, upon approval at the annual shareholders' meeting, Wang Tingke, Zhao Peng, Li Zhuyong, and Xiao Jianyou were appointed as executive directors of the fifth board of directors of the company. Wang Qingjian, Miao Fusheng, Wang Shaoqun, Yu Qiang, and Song Hongjun were appointed as non-executive directors of the fifth board of directors. Cui Li, Xu Lina, Wang Pengcheng, Beiduo Guang, and Gao Pingyang were appointed as independent non-executive directors of the fifth board of directors. The term of office for Beiduo Guang and Gao Pingyang will begin counting from the date when their director qualifications are approved by the China Banking and Insurance Regulatory Commission, and will end upon the completion of the term of the fifth board of directors of the company. The terms of office for the other directors will take effect after approval at the annual shareholders' meeting, and will end upon the completion of the term of the fifth board of directors of the company. The terms of office for Shao Shanbo and Gao Yongwen will end upon the completion of the fourth board of directors of the company. Before the director qualifications of Beiduo Guang and Gao Pingyang are approved by the regulatory commission, Shao Shanbo and Gao Yongwen will continue to perform their duties as directors.