CTBC Financial Holding Co., Ltd, on behalf of its subsidiary,CTBC Insurance Company, announces the substitution of President.

1.Date of the board of directors resolution or date of occurrence of the
  change:2025/01/20
2.Position (Please enter chairperson or president/general manager):President
3.Name of the previous position holder:LIN CHEN PING(林承斌)
4.Resume of the previous position holder:President of CTBC Insurance Co., Ltd.
5.Name of the new position holder:CHEN CHENG HUANG(陳正煌)
6.Resume of the new position holder:Vice President of CTBC Insurance Co., Ltd.
7.Circumstances of change (Please enter ”resignation”, ”dismissal”,
”term expired” , ”job relocation”, ”severance”, ”retirement”,
”death” or ”new appointment”):retirement
8.Reason for the change:retirement
9.Effective date of the new appointment:
The new appointment will be effective
upon the date of official authorities’approval.
10.Any other matters that need to be specified (the information disclosure
  also meets the requirements of Article 7, subparagraph 6 of the Securities
  and Exchange Act Enforcement Rules, which brings forth a significant impact
  on shareholders rights or the price of the securities on public companies.):
Until such approval is obtained,
CHEN CHENG HUANG(陳正煌) will be the Acting President from 2025/02/01