China Taiping Insurance Holdings Company Limited announced that following change of non-executive directors of the Company with effect from 31 December 2019: Mr. HUANG Weijian, Mr. ZHU Xiangwen and Mr. WU Changming have resigned as non-executive directors of the Company;Mr. ZHU Xiangwen has also resigned as a member of the risk management committee of the Company; Ms. ZHANG Cui, Mr. GUO Zhaoxu, Mr. YANG Changgui and Mr. HU Xingguo have beenappointed as non-executive directors of the Company; and Ms. ZHANG Cui and Mr. GUO Zhaoxu have also been appointed as members of the risk management committee of the Company. Due to another assignment, Mr. HUANG Weijian ("Mr. HUANG"), Mr. ZHU Xiangwen ("Mr. ZHU") and Mr. WU Changming ("Mr. WU") have resigned as non-executive directors of the Company. Mr. ZHU has also resigned as a member of the risk management committee of the Company. Each of Mr. HUANG, Mr. ZHU and Mr. WU have confirmed that there is no disagreement with the Board, and there is no matter relating to their respective resignations that needs to be brought to the attention of The Stock Exchange of Hong Kong Limited ("Stock Exchange") and the shareholders of the Company. The Company would like to express it sincere gratitude to Mr. HUANG, Mr. ZHU and Mr. WU for their valuable contributions to the Company during their tenure of office. Ms. ZHANG Cui, Mr. GUO Zhaoxu, Mr. YANG Changgui and Mr. HU Xingguo have been appointed as non-executive directors of the Company. Ms. ZHANG and Mr. GUO have also been appointed as members of the risk management committee of the Company. ZHANG Cui: Served in various positions including Principal Staff Member, Deputy Director and Director of the Commissioner's Office in Inner Mongolia and Deputy Inspection Commissioner, Deputy Director of Hunan Regulatory Bureau (Former Office of the Ministry of Finance in Hunan) YANG Changgui: Servied in various positions including Deputy Director of the Investment Division 2 of Infrastructure Department, Assistant Director of the Investment (Budget) Evaluation Center and Deputy Director of the Information Network Center HU Xingguo: Served in various positions in General Division of Accounting Department and National Accounting Professional Technical Qualification Examination Office, including Senior Staff Member, Principal Staff Member, Deputy Director, Researcher, Secretary of the Department, Director of the General Division of the Accounting Department.