VOLUNTARY ANNOUNCEMENT - COMPLETION OF REPURCHASE OF CAPITAL SUPPLEMENTARY BONDS BY TPL

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.(Incorporated in Hong Kong with limited liability) (Stock Code: 966) VOLUNTARY ANNOUNCEMENT COMPLETION OF REPURCHASE OF CAPITAL SUPPLEMENTARY BONDS BY TPL Reference is made to the announcement of China Taiping Insurance Holdings Company Limited (the “Company”) dated 12 June 2024 in respect of repurchase of 2 tranches of capital supplementary bonds namely 21 Taiping Life and 22 Taiping Life 01 respectively (collectively the “Bonds”) by Taiping Life Insurance Company Limited (“TPL”) a subsidiary of the Company.On 28 June 2024 TPL has in accordance with market-oriented principles repurchased in the National Inter-bank Bond Market and canceled the outstanding Bonds in an aggregate principal amount of RMB8.210 billion (representing approximately 82.1% of the initial principal amount) for 21 Taiping Life and RMB3.420 billion (representing approximately 68.4% of the initial principal amount) for 22 Taiping Life 01 respectively.After the completion of the aforesaid repurchase of the Bonds and the cancellation of the corresponding debt the remaining outstanding balances of the Bonds are RMB1.790 billion (representing approximately 17.9% of the initial principal amount) for 21 Taiping Life and RMB1.580 billion (representing approximately 31.6% of the initial principal amount) for 22 Taiping Life 01 respectively. This repurchase will further optimize the capital structure of the Company and TPL.By Order of the Board of China Taiping Insurance Holdings Company Limited ZHANG Ruohan Company Secretary Hong Kong 28 June 2024 As at the date of this announcement the Board comprises 10 directors of which Mr. WANG Sidong Mr. YIN Zhaojun and Mr. LI Kedong are executive directors Mr. GUO Zhaoxu Mr. HU Xingguo and Ms. ZHANG Cui are non-executive directors and Mr. ZHU Dajian Mr. WU Ting Yuk Anthony Mr. XIE Zhichun and Mrs. LAW FAN Chiu Fun Fanny are independent non-executive directors.