Announcement of the election of Director on behalf of CTBC Capital Corp.

1.Date of occurrence of the change:2024/05/25
2.Name of legal person:CTBC Bank Co., Ltd.
3.Name of the previous position holder:Ming-Shieh Li
4.Resume of the previous position holder:Chairman, CTBC Capital Corp.
5.Name of the new position holder:Tai-Keh Cheng
6.Resume of the new position holder:Chairman, Taiwan Life Insurance Co., Ltd.
7.Reason for the change:New appointment
8.Original term (from __________ to __________):from 2023/07/01 to 2024/06/30
9.Effective date of the new appointment:2024/05/25
10.Any other matters that need to be specified:
   Due to the time zone difference, the election will be effective on May 24
   in United States which is May 25 in Taiwan, and the tenure of office will
   be held until the expiration of the existing term.