Original title: Ping An InsuranceAnnouncement of the Progress of Insurance (Group) Co., Ltd. on the buyback of A-shares of the company by centralized bidding transaction
Securities Code: 601318 Securities abbreviation: Ping An Insurance announcement No.: Lin 2021-050
The board of directors and all the directors of Ping An Insurance Insurance (Group) Co., Ltd. (hereinafter referred to as "the Company") guarantee that there are no false records, misleading statements or material omissions in the contents of this announcement, and shall bear individual and joint and several liability for the authenticity, accuracy and completeness of its contents.
According to the Resolution on the consideration of Repurchase of shares of the Company adopted at the fourth meeting of the Twelfth session of the Board of Directors held on August 26th, 2021, the Company intends to use its own funds of not less than RMB 5 billion and not more than RMB 10 billion (both inclusive) to repurchase A shares of the Company at a repurchase price of not more than RMB82.56 per share (hereinafter referred to as the "repurchase"). All the repurchased shares will be used for the employee stock ownership plan of the Company, including but not limited to the long-term service plan which has been examined and approved by the shareholders' meeting of the Company, the repurchase period shall not exceed 12 months from the date on which the repurchase plan is examined and approved by the board of directors of the Company. The details of this repurchase can be found in the announcement and repurchase report of Ping An Insurance Insurance (Group) Co., Ltd. on the company's A-share repurchase plan through centralized competitive trading disclosed on the website of the Shanghai Stock Exchange (www.sse.com.cn) on August 27th, 2021.
In accordance with the detailed rules for the implementation of share Repurchase of listed companies on the Shanghai Stock Exchange, the Company hereby announces the progress of this repurchase as follows:
As of September 30, 2021, the Company has bought back a total of 56878274 A shares through centralized bidding transactions, accounting for 0.3111% of the total share capital of the Company, and the total amount of funds paid amounts to 2866508561.06 yuan (excluding transaction fees). The lowest transaction price is 48.38 yuan per share, and the highest transaction price is 51.96 yuan per share.
The above buyback progress is in line with the established buyback plan.
Board of Directors of Ping An Insurance Insurance (Group) Co., Ltd.
September 30, 2021