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Ping An Life's Value Inside Out 终稿英文版

1 Ping An Life s ValueInside OutJason YaoDecember 9 Important NotesTo the extent any statements made in this presentation containing information that is not historical are essentially forward-looking. These forward-looking statements include but are not limited to projections, targets, estimates and business plans thatthe Company expects or anticipates will or may occur in the future. These forward-looking statements are subject to known andunknown risks and uncertainties that may be general or specific. Certain statements, such as those including the words orphrases "potential", "estimates", "expects","anticipates", "objective", "intends", "plans", "believes", "will", "may", "should", andsimilar expressions or variations on such expressions may be considered forward-looking should be cautioned that a variety of factors, many of which may be beyond the Company's control, affect theperformance, operations, and results of the Company, and could cause actual results to differ materially from the expectationsexpressed in any of the Company's forward-looking statements.

8 Take the sale of a long-term policy for example: • At issuance, a profitable policy generated residual margin - the discounted value of its expected future profits Residual margin = discounted value of total premiums - discounted value of to tal expenses and claims

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