Announced by CTBC Holding on behalf of CTBC Bank to issue up to NT$30 billion(or the equivalent in other currencies) subordinated financial Debentures

1.Date of the board of directors resolution:2025/01/20
2.Name [issue no.__ of (secured, unsecured) corporate bonds of
___________ (company)]:
Unsecured subordinated financial debentures of CTBC
Bank Co., Ltd.
3.Whether to adopt shelf registration (Yes/No):No
4.Total amount issued:up to NT$30 billion (or the
equivalent in other currencies),which perpetual non-cumulative
subordinated financial debentures up to NT$15 billion (or the
equivalent in other currencies)
5.Face value per bond:The face value of each financial
debenture is NT$10,000,000 or integral multiples thereof;
if the debenture is issued in foreign currency, the face value
shall be determined according to the requirement of minimum
trading unit or its integral multiple provided in the relevent
regulations.
6.Issue price:In principle issue at 100% face value, but
also can be issued at discount or in premium of the face
value.Actual issue price will be determined by Chairman
of the Board or the person authorized by Chairman of the
Board depending on market conditions.
7.Issuance period:No shorter than 5 years from issue date.
The actual period will be determined by Chairman of the
Board or the person authorized by Chairman of the Board
depending on market conditions, CTBC Bank’s funding
conditions and capital adequacy level.
8.Coupon rate:Fixed or floating rate. The coupon/interest rate
will be determined by Chairman of the Board or the person
authorized by Chairman of the Board depending on market
interest rate, interest rate predictions and CTBC Bank’s
conditions.
9.Types, names, monetary values and stipulations of collaterals:
None
10.Use of the funds raised by the offering and utilization plan:
to strengthen capital structure, to repay the maturing bond,
and to replenish working capital.
11.Underwriting method:to be determined depending on market
conditions
12.Trustees of the corporate bonds:None
13.Underwriter or agent:to be determined depending on market
conditions
14.Guarantor(s) for the issuance:None
15.Agent for payment of the principal and interest: CTBC Bank
will make payment to debentures
holders by wire transfer in accordance with the list of holders
provided by Taiwan Depository and Clearing Corporation; if the
debenture is issued in foreign currency, the institution will be
determined separately.
16.Certifying institution:None
17.Where convertible into shares, the rules for conversion:NA
18.Sell-back conditions:None
19.Buyback conditions:The financial debenture may be redeemed
earlier or be bought from the market by the Bank, if the financial
debenture meets all the conditions mentioned in Article 10 or 11 of
“Regulations Governing the Capital Adequacy and Capital Category
of Banks”.
20.Reference date for any additional share exchange, stock swap, or
subscription:NA
21.Possible dilution of equity in case of any additional share exchange,
stock swap, or subscription:NA
22.Any other matters that need to be specified:After obtaining the
approval from the FSC, the Bank may issue the financial debentures
in installments within one year, depending on its financial needs.