(Supplementary announcement of 2021/10/01) Announcement of disposal of Taiwan Star Telecom Co., Ltd Common Shares on behalf of subsidiary Taiwan Life

1.Name and nature of the underlying assets (if preferred shares, the terms

and conditions of issuance shall also be indicated, e.g., dividend yield,

etc.):

Taiwan Star Telecom Corporation Limited. Common shares

2.Date of occurrence of the event:2021/10/01~2021/10/01

3.Amount, unit price, and total monetary amount of the transaction:

150,000,000 shares; NT$9.2 per share

75,000,000 shares; NT$10.00 per share

Total monetary amount of transaction: NT$2,130,000,000 of the transaction.

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):

Ding An Development Co., Ltd. , not a related party of the Company.

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:N/A

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:N/A

7.Matters related to the current disposal of creditors' rights (including

types of collaterals of the disposed creditor’s rights; if creditor's

rights over a related party, announcement shall be made of the name of the

related party and the book amount of the creditor's rights, currently being

disposed of, over such related party):N/A

8.Profit or loss from the disposal (not applicable in cases of acquisition

of securities) (those with deferral should provide a table explaining

recognition):

Loss from the disposal: NT$120,000,000

9.Terms of delivery or payment (including payment period and monetary

amount), restrictive covenants in the contract, and other important terms

and conditions:

In accordance with the contract.

Delivery object : Dingyou Investment Co., Ltd.

(not a related party of the Company)

10.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:

In accordance with the contract.

Authorization procedure of the company

11.Net worth per share of the Company's underlying securities acquired or

disposed of:

NT$4.16

12.Cumulative no.of shares held (including the current transaction), their

monetary amount, shareholding percentage, and status of any restriction of

rights (e.g., pledges), as of the present moment:

Holding: None

Life insurance: 0 common shares; NT$0; None

Other subsidiaries: None

13.Current ratio of securities investment (including the current trade, as

listed in article 3 of Regulations Governing the Acquisition and Disposal of

Assets by Public Companies) to the total assets and equity attributable to

owners of the parent as shown in the most recent financial statement and

working capital as shown in the most recent financial statement as of the

present:

Ratio to the total assets:24.40%

Ratio to shareholders'equity of the parent company: 380.89%

Amount of operating capital: N/A

14.Broker and broker's fee:N/A

15.Concrete purpose or use of the acquisition or disposal:

In compliance with Insurance Law, for the use of the insurance funds.

for investment purpose.

16.Any dissenting opinions of directors to the present transaction:N/A

17.Whether the counterparty of the current transaction is

a related party:NO

18.Date of the board of directors resolution:NA

19.Date of ratification by supervisors or approval by

the Audit Committee:NA

20.Whether the CPA issued an unreasonable opinion regarding the current

transaction:NO

21.Name of the CPA firm:XINYOU CPA FIRM

22.Name of the CPA:Lin, chang-you

23.Practice certificate number of the CPA:FSC number 4562

24.Whether the transaction involved in change of business model:NO

25.Details on change of business model:N/A

26.Details on transactions with the counterparty for the past year and the

expected coming year:

Past year: None

Expected coming year: According to the company's investment decision.

27.Source of funds:Disposable funds of the insurer

28.Any other matters that need to be specified:None