CTBC FHC, on behalf of CTBC Bank, announces that CTBC Bank has been penalized by FSC.

1.Date of occurrence of the event:2022/08/10
2.Circumstances of the violation:CTBC Bank has violated
the Article 167-3 of Insurance Act while conducting
insurance agency business.
3.Monetary amount of fines:NT$1,200,000
4.Status of the injunction by the respective competent authority:CTBC Bank
was fined NT$1,200,000.
5.Intended improvement measures:Relevant improvement measures have been
implementated into practice.
6.Effect on the Company’s business operations:None
7.Any other matters that need to be specified:None