Announced on behalf of our subsidiary, CTBC Insurance Co., Ltd., on issuance of common shares resolved by the Board of Directors.

1.Date of the board of directors resolution:2023/05/31

2.Source of capital increase funds:capital increase in cash

3.Whether to adopt shelf registration (Yes, please state issuance period/No):

No

4.Total monetary value of the issuance and number of shares issued (shares

 issued not including those distributed to employees if consisting in

 capital increase from earnings or capital surplus):

NTD5,000,000,000 / 500,000,000 shares

5.If adopting shelf registration, monetary value and number of shares

to be issued this time:N/A

6.The remaining monetary value and shares after this issuance when

adopting shelf registration:N/A

7.Par value per share:NTD10

8.Issue price:NTD10

9.Number of shares subscribed for by or allocated to employees:N/A

10.Number of shares publicly sold:N/A

11.Ratio of shares subscribed by or allotted as stock dividends to existing

shareholders:100%

12.Handling method for fractional shares and shares unsubscripted for by

the deadline:N/A

13.Rights and obligations of these newly issued shares:the same as the

original issuance.

14.Utilization of the funds from the capital increase:To strengthen the

financial structure.

15.Any other matters that need to be specified:The capital increase in cash

following approval from Authority