Announcement of the Chairman elected by the Board on behalf of the subsidiary, CTBC Securities Co., Ltd.

1.Date of the board of directors resolution or date of occurrence of the
  change:2023/05/19
2.Position (Please enter chairperson or president/general manager):
Chairman
3.Name of the previous position holder:Tzu-Yuan Lu (陸子元)
4.Resume of the previous position holder:CTBC Securities Co., Ltd.
(Chairman)
5.Name of the new position holder: WINSTON TSAI JAY (謝載祥)
6.Resume of the new position holder:CTBC Financial Holding Co., Ltd.
(Chief Investment Officer)
7.Circumstances of change (Please enter ”resignation”, ”dismissal”,
”term expired” , ”job relocation”, ”severance”, ”retirement”,
”death” or ”new appointment”):term expired
8.Reason for the change:Re-Election
9.Effective date of the new appointment:2023/05/19
10.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.):
None