6M 2023 Life Insurance Sales Performance

A solvency above regulatory requirement that can be further strengthened Solvency At 9M 2023 50% Levers to strengthen the solvency 81% Core Solvency 100% 162% Comprehensive Solvency Regulatory compliance requirement Products optimization Focus on high-value New business Reduction of expense overrun Product re-pricing Capital optimization Launching a supplementary capital Debt issuance (RMB 20 bn in 2 tranches) Reduction of the risk consumption (asset mix, ALM) ageas. 18

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