^#For details of the Qualified Deferred Annuity Policy ("QDAP"), please refer to the website of Insurance Authority.

^##Tax Rates of Salaries Tax & Personal Assessment for Year of Assessment 2018/19 onwards (until superseded)

^### Maximum tax deductible limit per year is HKD60,000 for a single taxpayer in Hong Kong. It is an aggregate limit for qualifying deferred annuity premiums and tax deductible Mandatory Provident Fund Voluntary Contributions (“TVC”), meaning that an eligible taxpayer may claim tax deductions for qualifying deferred annuity premiums and TVC in aggregate up to this maximum limit per year.

Please note that the QDAP status of the Plan does not necessarily mean you are eligible for tax deduction available for QDAP premiums paid. The Plan’s QDAP status is based on the features of the product as well as certification by the Insurance Authority and not the facts of your own situation. You must also meet all the eligibility requirements set out under the Inland Revenue Ordinance and any guidance issued by the Inland Revenue Department of Hong Kong Special Administrative Region (“IRD HKSAR”) before you can claim these tax deductions. The actual tax benefits of this policy would depend on your personal tax position and there might not be tax deductions benefits if you are not subject to salaries tax or personal assessment in the relevant year of assessment.