Announcement on behalf of CTBC Bank of penalty imposed by the FSC

1.Date of occurrence of the event:2023/08/10
2.Circumstances of the violation:CTBC Bank was found to have deficiency of
improper management, which disturbe the sound operation.
3.Monetary amount of fines:None.
4.Status of the injunction by the respective competent authority:
A correction was ordered according to Paragraph 1 of Article 61-1 of
The Banking Act, a restriction of investments (excluding the capital
increase of the original investment business or the equity transfer of
the original investment business due to organizational restructuring) and
a restriction of applications for the establishment of foreign branches and
subsidiaries for 6 months until the corrective actions are approved by FSC
in accordance with subparagraph 3 and Subparagraph 9 of the same paragraph
and article.
5.Intended improvement measures:CTBC Bank will take corrective actions by
following FSC's guidances and requirements.
6.Effect on the Company’s business operations:a restriction of investments
(excluding the capital increase of the original investment business or the
equity transfer of the original investment business due to organizational
restructuring) and a restriction of applications for the establishment of
foreign branches and subsidiaries for 6 months until the corrective
actions are approved by FSC in accordance with Subparagraph 3 and
Subparagraph 9 of the same paragraph and article.
7.Any other matters that need to be specified:None.