Ping An concludes share purchase for 2025 long-term service plan

Ping An Insurance (Group) Company of China, Ltd. has completed the share purchase for its 2025 Long-term Service Plan, acquiring 74,615,000 H shares from the secondary market. This represents 0.412% of the company's total share capital. The aggregate transaction amount, including expenses, was RMB3,875,379,402.99, with an average transaction price of approximately RMB51.87 per share. Funds for this purchase originated from remuneration payable to employees.

The plan saw voluntary participation from 83,024 key talents. Following the purchase, directors, supervisors, and senior management collectively hold 1,882,031 shares, accounting for 2.52% of the plan's total shares. Other employees hold 72,732,969 shares, representing 97.48% of the total within the plan.

The vesting of these interests in participants will be subject to confirmation of applications upon retirement and payment of applicable taxes. The executive directors include Ma Mingzhe, Xie Yonglin, Michael Guo, Fu Xin, and Cai Fangfang.