28 March 2022

CHINA PACIFIC INSURANCE (GROUP) CO., LTD.

(A joint stock company incorporated in the People's Republic of China with limited liability)

2021 Annual Report

China Pacific Insurance (Group) Co., Ltd. (the "Company" or "CPIC") hereby announces the 2021 Annual Report. For details, please visit: http://www.rns-pdf.londonstockexchange.com/rns/1498G_1-2022-3-27.pdf.

The 2021 Annual Report was also published on the Company's website at http://www.cpic.com.cn/gdr/gdrggen/ on 27 March 2022.

By Order of the Board of Directors

        China Pacific Insurance (Group) Co., Ltd.

KONG Qingwei

Chairman

This announcement contains inside information for the purposes of Article 7 of the UK version of the Market Abuse Regulation (EU) 596/2014.

About CPIC

CPIC is a joint stock company established under the laws of the People's Republic of China with limited liability.

CPIC's registered office is located at 1 South Zhongshan Road, Huangpu District, Shanghai, the People's Republic of China.