Resolution by the board of directors of CTBC Holding to change the dividend distribution of Preferred Share C

1.Date of the resolution of the board of directors or
  shareholders meeting:2023/07/17
2.Type and monetary amount of original dividend distribution:
Dividends of preferred share C are temporarily distributed nil.
3.Type and monetary amount of dividend distribution after the change:
Dividends of preferred share C are NT$319,987,200(calculated by
166,660,000 shares, subscription price of NT$60 per share, and dividend
rate of 3.2% per annum)
4.Reason for the change:
The 2022 earnings distribution plan has been resolved by AGM on
2023/06/16. It is ambiguous under the original Articles of Incorporation
whether preferred share dividends can be distributed out of cumulative
undistributed earnings. Therefore, the preferred share dividends have
been resolved nil at that time.
Given an amendment of Articles of Incorporation has been resolved in
the same AGM on 2023/06/16, the board resolved the dividend
distribution of preferred share in accordance with the newly
amended Articles of Incorporation and related regulations.
5.Any other matters that need to be specified:
The amendment of dividend distribution of preferred share will be
proposed in 2023 EGM.