The supplement on behalf of Taiwan Life for announcement regarding issuance of cumulative subordinated corporate bonds made on 2025/5/9.

1.Date of the board of directors resolution:NA
2.Name [issue no.__ of (secured, unsecured) corporate bonds of
___________ (company)]:
Taiwan Life Insurance Co., Ltd. 2nd US-dollar-denominated unsecured
cumulative subordinated corporate bonds in 2025. (Supplementary)
3.Whether to adopt shelf registration (Yes/No):No.
4.Total amount issued:US$ 102.5 million. (Supplementary)
5.Face value per bond:US$ 100 thousand. (Supplementary)
6.Issue price:100% issue at the par value.
7.Issuance period:10 years.(Supplementary)
8.Coupon rate:
The issue coupon rate is fixed rate at 6.00% per annum.(Supplementary)
9.Types, names, monetary values and stipulations of collaterals:None.
10.Use of the funds raised by the offering and utilization plan:To enhance own
capital and increase capital adequacy ratio.
11.Underwriting method:Public offering by underwriters. (Supplementary)
12.Trustees of the corporate bonds:Yuanta Commercial Bank Co., Ltd.
(Supplementary)
13.Underwriter or agent:CTBC Bank Co., Ltd. as the lead underwriter.
(Supplementary)
14.Guarantor(s) for the issuance:None.
15.Agent for payment of the principal and interest:CTBC Bank Co., Ltd.
(Supplementary)
16.Certifying institution:None.
17.Where convertible into shares, the rules for conversion:NA.
18.Sell-back conditions:None.
19.Buyback conditions:None.
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:
The issuance of this bond has been approved by the competent authorities,
and would apply to the Taipei Exchange for listing. (Supplementary)