Annoucement of CTBC Finanical Holding Co. Ltd., to obtain the right-of-use assets from related parties.

1.Name and nature of the underlying asset (e.g., land located at Sublot XX,

Lot XX, North District, Taichung City):

office space located in  3F., No. 122, Dunhua N. Rd., Songshan Dist.,

Taipei City 105405 , Taiwan (R.O.C.)

2.Date of occurrence of the event:2022/02/25

3.Transaction unit amount (e.g.XX square meters, equivalent to XX ping),

unit price, and total transaction price:

391.9 ping unit price:NTD 2,300/ping(office)

total transaction price:NTD 65,863,368

right-of-use assets :NTD61,812,653元

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):

The trading counterpart: CHINA LIFE INSURANCE CO., LTD

CHINA LIFE INSURANCE CO., LTD is an actual 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:

The reason for choosing the related party as trading counterpart:

In response to business development needs.

(The identity of the previous owner: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.Projected gain (or loss) through disposal (not applicable for

acquisition of assets; those with deferral should provide a table

explaining recognition):N/A

8.Terms of delivery or payment (including payment period and

monetary amount), restrictive covenants in the contract,

and other important terms and conditions:

To pay rent by month.

Monetary amount: NTD65,863,368

Lease term:2022/6/1-2027/5/31

Lessee have right to terminate the Agreement, as agreed,

by giving a three-month written advance notice to Lessor.

Other important terms and conditions: NO

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:

The manner of deciding on this transaction: Price negotiation

Reference basis: Appraisal Report

The decision making department: Board of Directors

10.Name of the professional appraisal firm or company and

its appraisal price:

Affluence Real Estate Appraiser Firm NTD 2,394/ping per month

11.Name of the professional appraiser:Chen, PI-Yuan

12.Practice certificate number of the professional appraiser:

(98) Yi-xian--Ku-ZiNo. 000020

13.The appraisal report has a limited price, specific price,

or special price:NO

14.An appraisal report has not yet been obtained:NO

15.Reason for an appraisal report not being obtained:N/A

16.Reason for any significant discrepancy with the appraisal reports

and opinion of the CPA:N/A

17.Name of the CPA firm:N/A

18.Name of the CPA:N/A

19.Practice certificate number of the CPA:N/A

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

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

In response to business development needs.

22.Any dissenting opinions of directors to the present transaction:NO

23.Whether the counterparty of the current transaction is a

related party:YES

24.Date of the board of directors resolution:2022/02/25

25.Date of ratification by supervisors or approval by

the audit committee:2022/02/24

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:N/A

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:N/A

29.Any other matters that need to be specified:NO