CTBC FHC, on behalf of CTBC Bank, announces that CTBC Bank has been penalized by FSC.

1.Date of occurrence of the event:2023/05/30
2.Circumstances of the violation:According to the Press Release announced on
FSC’s website on May 30, 2023, the deficiency identified in the operation of
increasing the daily limits of online banking transfers and ATM withdrawals
for customers, which were conducted by the former staff of Chenggong Branch
and the staff of East Minsheng Branch and Luchou Branch of CTBC Bank,
violating relevant regulations such as the Banking Act.
3.Monetary amount of fines:NT$20,000,000
4.Status of the injunction by the respective competent authority:CTBC Bank was
fined NT$20,000,000.
5.Intended improvement measures:CTBC Bank will adjust related procedures
and improve control system based on the FSC's instructions.
6.Effect on the Company’s business operations:None
7.Any other matters that need to be specified:None