Ping An Healthcare and Technology : CHANGE OF NON-EXECUTIVE DIRECTORS

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PING AN HEALTHCARE AND TECHNOLOGY COMPANY LIMITED

平安健康醫療科技有限公司

(incorporated in the Cayman Islands with limited liability)

(Stock Code: 1833)

CHANGE OF NON-EXECUTIVE DIRECTORS

The board (the "Board") of directors (the "Directors") of Ping An Healthcare and Technology Company Limited (the "Company") announces that, on February 28, 2020, the Board has received letters from Mr. Dou Wenwei and Ms. Wang Wenjun separately, tendering their resignation as non-executive Directors with effect from February 28, 2020 due to personal work arrangement. Mr. Dou Wenwei and Ms. Wang Wenjun have separately confirmed that they have no disagreement with the Board, nor was there any matter relating to their resignations that needs to be brought to the attention of the shareholders of the Company.

The Board is pleased to announce that, Ms. Lin Lijun ("Ms. Lin") and Mr. Pan Zhongwu ("Mr. Pan") have been appointed as non-executive Directors for a term of three years commencing from February 28, 2020. Please see below biographical details of Ms. Lin and Mr. Pan:

Ms. Lin Lijun (林麗君), aged 57, previously served as the non-executive director of Ping An Insurance (Group) Company of China, Ltd. ("Ping An Group", whose shares are listed on Shanghai Stock Exchange under the stock code 601318 and on The Stock Exchange of Hong Kong Limited under the stock code 2318) from May 2003 to May 2018, the vice chairman of the Labour Union of Ping An Group from March 2000 to April 2019, and the deputy general manager of the Human Resources Department of Ping An Property & Casualty Insurance Company of China, Ltd. ("Ping An Property & Casualty") from 1997 to 2000. She also served as the chairman and general manager of Shenzhen New Horse Investment Development Co., Ltd. from January 2000 to June 2012. Ms. Lin obtained a Bachelor's degree in Chinese Language and Literature from South China Normal University.

Mr. Pan Zhongwu (潘忠武), aged 49, is currently the general manager of the Administration and Operation Center of Shenzhen Ping An Integrated Financial Services Limited and an employee representative supervisor of the Ping An Group. Since joining Ping An Group in July 1995, he successively served in the Comprehensive Management Department of Ping An Property

• Casualty and the General Office of Ping An Group, and served as the deputy head of the General Office of Ping An Group. Mr. Pan obtained a Master's degree in Economics from Wuhan University.

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Ms. Lin and Mr. Pan will be subject to rotation and re-election at the annual general meeting of the Company in accordance with the articles of association of the Company. The Company have entered into a letter of appointment with Ms. Lin and Mr. Pan separately, pursuant to which Ms. Lin and Mr. Pan will not receive any director's fee or any other emoluments.

Save as disclosed above, as at the date of this announcement, Ms. Lin and Mr. Pan (i) had not held any other directorships in any listed public companies, in Hong Kong or overseas, in the last three years or held any other positions within the the Company and its subsidiaries (the "Group"); (ii) had no relationship with any Directors, senior management, substantial shareholders or controlling shareholders of the Company; and (iii) had no interests in the shares of the Company or its associated corporation within the meaning of Part XV of the Securities and Futures Ordinance.

Save as disclosed herein, as at the date of this announcement, there were no other matters relating to Ms. Lin and Mr. Pan that need to be brought to the attention of the shareholders of the Company nor was there any information to be disclosed pursuant to the requirements of Rule 13.51(2)(h) to

(v) of the Listing Rules.

The Board would like to express its gratitude to Mr. Dou Wenwei and Ms. Wang Wenjun for their valuable contribution to the Group during their tenure of office and also the Board wishes to express its warm welcome to Ms. Lin and Mr. Pan for joining the Board.

By order of the Board

PING AN HEALTHCARE AND TECHNOLOGY COMPANY LIMITED

Wang Tao

Chairman

Shanghai, the PRC

February 28, 2020

As at the date of this announcement, the Board comprises Mr. Wang Tao as chairman and executive Director, Ms. Tan Sin Yin, Mr. Yao Jason Bo, Ms. Cai Fangfang, Ms. Lin Lijun and Mr. Pan Zhongwu as non-executive Directors, and Mr. Tang Yunwei, Mr. Guo Tianyong, Mr. Liu Xin and Dr. Chow Wing Kin Anthony as independent non-executive Directors.

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