Investor Presentaiton

BOC Life Business Development MOODY'S A1 HK$m 1H2022 1H2021 Change Standard new premiums Value of new business 6,604 6,286 5.1% STANDARD 964 524 Total assets 201,741 (2022.06) 197,906 (2021.12) 84.0% 1.9% A & POOR'S #1 in life insurance and RMB insurance Overall market 21.3% Leading position maintained in e-channel and QDAP sales In 1Q22, BOC Life's standard new premium market share was 21.3%, becoming #1 in the market E-channel 32.7% Remained #1 in RMB insurance business with a 77.2% market share in 1Q22 RMB business Qualifying Deferred Annuities* 77.2% Further diversified distribution channels, maintained market leadership in bancassurance sales, and proactively expanded tied agency and broker channels. In 1H22, standard new premiums via tied agency and broker were up 102% and around 12x YoY respectively BOC Life Other Insurance Companies 19.2% BOC Life Other Insurance Companies ■In 1Q22, E-channel* market share reached 32.7%, maintaining market leadership *Statistics from Insurance Authority: Direct Distribution Channel including online channel sales, direct mail and telesales with the majority coming from online channel sales ** ■Maintained leading position in the Qualifying Deferred Annuity Policy (QDAP) market since its launch in 2019 ** April 2019 to March 2022 35

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