Announcement of the Supreme Administrative Court's decision regarding case on CTBC consolidated corporate income tax for 2010.

1.Parties to the legal matter:
Appellant: CTBC Financial Holding Co., Ltd.
Appellee: National Taxation Bureau of Taipei, Ministry of Finance(”NTBT”)
2.Name of the court or punishing agency of the legal matter:
Supreme Administrative Court
3.Reference/Case number of relevant documents of the legal matter:
Shang No.257,2021
4.Date of occurrence of the event:2022/11/25
5.Details of occurrence (including the matter under dispute):
NTBT assessed the supplementary tax payment of CTBC FY2010 consolidated
corporate income tax due to the tax loss carryforward calculation. NTBT
claimed that consolidated nontaxable investment revenue should be deducted
from the consolidated net operating loss (NOL) generated in 2006, and then
requested CTBC pay the supplementary tax payment of about NT$ 370 million.
6.Handling procedure:
After the procedures of recheck, administrative appeal and administrative
litigation, the Supreme Administrative Court ultimately dismissed the
appeal.
7.Impact on the Company’s finance and business and projected amount:
(1) The Company has made provisions for the tax impact during the period of
administrative remedy. There is no finance impact on the Company of the
current fiscal year.
(2) No significant impact on the Company’s business.
8.Countermeasures and improvement status:
The Company will proceed according to the decision.
9.Any other matters that need to be specified:NA