Announced by CTBC Financial Holdings on behalf of Taiwan Life Insurance approving for obtaining the right-of-use asset from related parties.

1.Name and nature of the underlying asset (e.g., land located at Sublot XX,
Lot XX, North District, Taichung City):
Part of the houses and their bases on the second and sixth floors of 399 Tan
Mei Street, Neihu District, Taipei City, and the common space of the computer
room, total area: 242.66 pings (including public places).
2.Date of occurrence of the event:2023/12/25
3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping),
unit price, and total transaction price:
Total area: 242.66 pings.
Rental price per month: NTD283,427.
Total rental amount: NTD6,802,248.
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):
Transaction target: CTBC Bank Co., Ltd.
Relationship: Related parties.
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:
To renew the lease of current office for office use and business development.
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 period: Quarterly.
Monetary amount: NT$ 850,281 per Quarterly.
Duration of lease contract: 24 months.
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:General Manager.
The manner of deciding on this transaction: Negotiation.
The reference basis for the decision on price: With reference to the
surrounding lot prices.
10.Name of the professional appraisal firm or company and
its appraisal price:Not applicable.
11.Name of the professional appraiser:Not applicable.
12.Practice certificate number of the professional appraiser:Not applicable.
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:NA.
25.Date of ratification by supervisors or approval by
the audit committee:NA
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:Subject matters are approved
by General Manager in accordance with internal delegation chart.