The announcement of appointment of the 9th term Directors of CTBC Securities Co., Ltd.

1.Date of occurrence of the change:2023/04/28

2.Elected or changed position (Please enter institutional director,

institutional supervisor, independent director, natural-person director or

natural-person supervisor):institutional director, independent director

3.Title and name of the previous position holder:

Directors:

Representative of CTBC Financial Holding Co., Ltd.:Mr. Tzu-Yuan Lu  (陸子元)

Representative of CTBC Financial Holding Co., Ltd.:Mr. Chu-Sheng Fu (傅祖聲)

Representative of CTBC Financial Holding Co., Ltd.:Mr. Chao-Jung Tsai(蔡招榮)

Representative of CTBC Financial Holding Co., Ltd.:Mr. Yen-Pao Chen  (陳元保)

Independent Directors:

Mr. Kuan-Nan Chou   (周冠男)

Mrs. Chung-Hui Jih  (季崇慧)

Mr. Jan-Juy Lin     (林建智)

4.Resume of the previous position holder:

Directors:

Representative of CTBC Financial Holding Co., Ltd.:Mr. Tzu-Yuan Lu  (陸子元)

/Chairman,CTBC Securities Co., Ltd.

Representative of CTBC Financial Holding Co., Ltd.:Mr. Chu-Sheng Fu (傅祖聲)

/Vice Chairman,CTBC Securities Co., Ltd.

Representative of CTBC Financial Holding Co., Ltd.:Mr. Chao-Jung Tsai(蔡招榮)

/Director,CTBC Securities Co., Ltd.

Representative of CTBC Financial Holding Co., Ltd.:Mr. Yen-Pao Chen (陳元保)

/Director,CTBC Securities Co., Ltd.

Independent Directors:

Mr. Kuan-Nan Chou   (周冠男)/Independent Director,CTBC Securities Co., Ltd.

Ms. Chung-Hui Jih   (季崇慧)/Independent Director,CTBC Securities Co., Ltd.

Mr. Jan-Juy Lin     (林建智)/Independent Director,CTBC Securities Co., Ltd.

5.Title and name of the new position holder:

Directors:

Representative of CTBC Financial Holding Co., Ltd.:Mr. Tsai-Jay Hsia (謝載祥)

Representative of CTBC Financial Holding Co., Ltd.:Mr. Chu-Sheng Fu  (傅祖聲)

Representative of CTBC Financial Holding Co., Ltd.:Mr. Chin-Jung Chen(陳金榮)

Representative of CTBC Financial Holding Co., Ltd.:Mr. Chuang-Kun Hsieh

(謝壯(方方土))

Independent Directors:

Mr. Kuan-Nan Chou   (周冠男)

Ms. Chung-Hui Jih   (季崇慧)

Mr. Jan-Juy Lin     (林建智)

6.Resume of the new position holder:

Directors:

Representative of CTBC Financial Holding Co., Ltd.:Mr. Tsai-Jay Hsia (謝載祥)

/Chief Investment Officer,CTBC Financial Holding Co., Ltd.

Representative of CTBC Financial Holding Co., Ltd.:Mr. Chu-Sheng Fu  (傅祖聲)

/Vice Chairman,CTBC Securities Co., Ltd.

Representative of CTBC Financial Holding Co., Ltd.:Mr. Chin-Jung Chen(陳金榮)

/Head of Wealth Management Business Group, CTBC Bank Co., Ltd.

Representative of CTBC Financial Holding Co., Ltd.:Mr. Chuang-Kun Hsieh

(謝壯(方方土))/ Head of FinancialInvestment Group,Taiwan Life Insurance

Co., Ltd.

Independent Directors:

Mr. Kuan-Nan Chou   (周冠男)/Independent Director,CTBC Securities Co., Ltd.

Ms. Chung-Hui Jih   (季崇慧)/Independent Director,CTBC Securities Co., Ltd.

Mr. Jan-Juy Lin     (林建智)/Independent Director,CTBC Securities Co., Ltd.

7.Circumstances of change (Please enter “resignation”, “dismissal”,

“term expired”, “death” or “new appointment”):term expired

8.Reason for the change:term expired

9.Number of shares held by the new position holder when elected:NA

10.Original term (from __________ to __________):2020/05/22~2023/05/21

11.Effective date of the new appointment:2023/05/19

12.Turnover rate of directors of the same term:NA

13.Turnover rate of independent directors of the same term:NA

14.Turnover rate of supervisors of the same term:NA

15.Change in one-third or more of directors (Please enter “Yes” or

“No”):Yes

16.Any other matters that need to be specified (the information disclosure

  also meets the requirements of Article 7, subparagraph 6 of the Securities

  and Exchange Act Enforcement Rules, which brings forth a significant impact

  on shareholders rights or the price of the securities on public companies.):

The appointment will be effective on May 19, 2023 except that the

appointment of Mr. Chuang-Kun Hsieh (謝壯(方方土)) will be effective upon

approving by competent authority.