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Notice to Participating Employers and Members Issued on 28 Aug 2020

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China Life Guaranteed Return Fund (“Terminating CF”) will be terminated with effect from 30 November 2020 (“Termination Effective Date”). Should you choose to remain invested in the Terminating CF, the payout amount of the Terminating CF will be transferred to and used to purchase units in China Life Retire-Easy Guarantee Fund (“Transferee CF”) whereby the Transferee CF is also a guaranteed fund and has similar investment objectives. Certain changes will also be made to the China Life Retire-Easy Guarantee Fund, including changes to its guarantee mechanism, reduction of Management fees and guarantee charge, and change to its name, which will take effect on 4 December 2020. For details, please refer to the relevant "Notice to Participating Employers and Members".