Announcement by CTBC Financial Holding Co., Ltd. on behalf of Taiwan Life Insurance Co., Ltd. to obtain the right-of-use assets from related parties.

1.Name and nature of the underlying asset (e.g., land located at Sublot XX,
Lot XX, North District, Taichung City):
Partial office of Building B&C, parking space, and outdoor base of
Building C of CTBC Financial Park.
7~9F,NO.188, JINGMAO 2ND ROAD, NANGANG DIST., TAIPEI(Building B);
4~14F,NO.188-1, JINGMAO 2ND ROAD, NANGANG DIST., TAIPEI(Building C);
Parking space:46;
Outdoor base of Building C:NO.188-1, JINGMAO 2ND ROAD, NANGANG DIST., TAIPEI
2.Date of occurrence of the event:2023/11/30
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping),
unit price, and total transaction price:
Lease area:Approximate 7,122.65 ping;46 parking space;
Outdoor base of Building C:0.5 ping
Unit price:Office:NTD2,200/ping;Parking space:NTD4,935/each
Outdoor base of Building C:NTD7,880/0.5 ping;
Rental price per month:NTD15,904,720;Total transaction price:NTD381,713,280
4.Trading counterparty and its relationship with the Company (if the trading
counterparty is a natural person and furthermore is not a related party of
the Company, the name of the trading counterparty is not required to be
disclosed):
Trading counterparty:CTBC Bank Co., Ltd.
Relationship with the Company:Related party
5.Where the trading counterparty is a related party, announcement shall also
be made of the reason for choosing the related party as trading counterparty
and the identity of the previous owner, its relationship with the Company
and the trading counterparty, and the previous date and monetary amount of
transfer:Reason for choosing the related party as trading counterparty:
Lease renewal for office use and company operation
The identity of the previous owner:Not applicable
6.Where an owner of the underlying assets within the past five years has
been a related party of the Company, the announcement shall also include the
date and price of acquisition and disposal by the related party, and its
relationship with the Company at the time of the transaction:Not applicable
7.Projected gain (or loss) through disposal (not applicable for
acquisition of assets; those with deferral should provide a table
explaining recognition):Not applicable
8.Terms of delivery or payment (including payment period and
monetary amount), restrictive covenants in the contract,
and other important terms and conditions:
Payment term:Quarterly, Monetary amount:NTD47,714,160
Payment period:2024/1/1-2025/12/31
Restrictive covenants in the contract,
and other important stipulations:None
9.The manner of deciding on this transaction (such as invitation to tender,
price comparison, or price negotiation), the reference basis for the
decision on price, and the decision-making unit:
The manner of deciding on this transaction:Appraisal report by
real estate appraisers
The reference basis for the decision on price:
Appraisal report issued by Affluence Real Estate Appraiser Firm,
and market price of surrounding area and actual price registration
of real estate transactions;
Decision approval unit:Board of directors
10.Name of the professional appraisal firm or company and
its appraisal price:
Name of the professional appraisal firm:
Affluence Real Estate Appraiser Firm
Appraisal price:Rental price of office:NTD2,310/ping;
Rental price of parking space:NTD5,250/each;
Rental price of outdoor base of Building C:NTD8,295/0.5 ping
11.Name of the professional appraiser:Chen, PI-YUAN、CHIU, YI-ZHONG
12.Practice certificate number of the professional appraiser:
(98)YCG No.000020、(108)YCG No.000042
13.The appraisal report has a limited price, specific price,
or special price:Not applicable
14.An appraisal report has not yet been obtained:Not applicable
15.Reason for an appraisal report not being obtained:Not applicable
16.Reason for any significant discrepancy with the appraisal reports
and opinion of the CPA:Not applicable
17.Name of the CPA firm:Not applicable
18.Name of the CPA:Not applicable
19.Practice certificate number of the CPA:Not applicable
20.Broker and broker's fee:Not applicable
21.Concrete purpose or use of the acquisition or disposal:
For the needs of office use and parking space
22.Any dissenting opinions of directors to the present transaction:None
23.Whether the counterparty of the current transaction is a
related party:Yes
24.Date of the board of directors resolution:2023/11/30
25.Date of ratification by supervisors or approval by
the audit committee:2023/11/29
26.The transaction is to acquire a real property or right-of-use
asset from a related party:Yes
27.The price assessed in accordance with the Article 16 of the
Regulations Governing the Acquisition and Disposal of Assets
by Public Companies:Not applicable
28.Where the above assessed price is lower than the transaction price,
the price assessed in accordance with the Article 17 of the same
regulations:Not applicable
29.Any other matters that need to be specified:
Decision approval unit of the transaction:Board of directors