Ping An Chairman Dr. Ma Mingzhe Receives Director of The Year Award from The Hong Kong Institute of Directors

HONG KONG and SHANGHAI, Nov. 26, 2023 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An", the "Company" or the "Group", HKEX: 2318 / 82318; SSE: 601318) is pleased to announce that Dr. Ma Mingzhe, Chairman of Ping An, has been honored by The Hong Kong Institute of Directors. His Director of the Year Award 2023 in the Listed Companies Executive Directors category recognizes his exemplary leadership and innovative approaches in corporate governance at Ping An. This is the fourth time Dr. Ma has received this prestigious award.

The panel of judges from The Hong Kong Institute of Directors unanimously praised Dr. Ma for his exceptional leadership and foresight, saying: "Dr. Ma is a seasoned and open-minded board chairman with strong commercial acumen. He is focused on long-term strategic planning, talent management, and corporate governance. He fully understands the importance of succession planning at the board and management levels. He has a good sense of external environments. Under his leadership, Ping An consciously adopts ESG investment philosophies to enhance its post-investments. Dr Ma absolutely deserves the Award."

Dr. Ma said: "The Director of the Year Awards bestowed by the Hong Kong Institute of Directors stand as a pillar of professionalism and authority within our industry. It is with immense honor and pride that I accept this award for the fourth time. This accolade serves as an affirmation of Ping An's steadfast commitment to stringent corporate governance and the collective endeavor of our esteemed board members. Throughout our 35-year venture, Ping An has relentlessly pursued a pinnacle of excellence, by integrating global best practices in corporate governance and tailor-making them to suit our local context in China. We have a meticulously constructed framework that not only complies with international standards but also recognizes the unique local characteristics. We have placed significant emphasis on fostering visionary leadership and advancing sustainable long-term progress. This honor is not only a recognition but also a source of inspiration for us. We pledge to maintain high standards of corporate governance, further enhance our strategic management prowess, and remain focused on our "Integrated Finance + Healthcare and Elderlycare" strategy. As we strive to augment the quality of our core business operations, our unweaving dedication is to generate lasting value for our clients, shareholders, employees, and the society we serve."