Announced by CTBC Holding on behalf of CTBC Bank for the issuance of NT$21.95 billion 60th Unsecured Subordinated Financial Debentures in 2025(Update20250120)

1.Date of the board of directors resolution:NA
2.Name [issue no.__ of (secured, unsecured) corporate bonds of
___________ (company)]:
CTBC Bank 60th Unsecured Subordinated Financial Debentures in 2025
3.Whether to adopt shelf registration (Yes/No):No
4.Total amount issued:
NT$21.95 billion- Tranche A NT$1.1 billion;Tranche B NT$11.5 billion;
Tranche C NT$9.35 billion
5.Face value per bond:
The face value of each financial debenture is NT$1 million
6.Issue price:In principle issue at 100% face value.
7.Issuance period:Tranche A is to be issued on 2025/9/23 with maturity
date on 2032/9/23(7-year term);
Tranche B is to be issued on 2025/9/23 with maturity
date on 2040/9/23(15-year term);
Tranche C is to be issued on 2025/9/23 and has no maturity date.
8.Coupon rate:The issue coupon rate of Tranche A
is fixed rate at 2.25% per annum;The issue coupon rate of
Tranche B is fixed rate at 2.60% per annum;The issue coupon rate of
Tranche C is fixed rate at 4.50% per annum.
9.Types, names, monetary values and stipulations of collaterals:
None
10.Use of the funds raised by the offering and utilization plan:
to strengthen capital structure, to repay the maturing bond,
and to replenish working capital.
11.Underwriting method:None
12.Trustees of the corporate bonds:None
13.Underwriter or agent:None
14.Guarantor(s) for the issuance:None
15.Agent for payment of the principal and interest: CTBC Bank
will make payment of the principal and interest to debentures
holders by wire transfer in accordance with the list of
holders provided by Taiwan Depository and Clearing Corporation
16.Certifying institution:None
17.Where convertible into shares, the rules for conversion:NA
18.Sell-back conditions:None
19.Buyback conditions:After 7 years from the issuance of Tranche C,
if one of the following conditions is met and with the prior
approval of the competent authority, the Tranche C may be redeemed
earlier or be bought from the market by the Bank :
(1)The capital adequacy ratio of the bank after being redeemed
shall meet the minimum regulatory capital adequacy ratio stated
in Sections 5, Paragraph 1,Article 2 of''Regulations Governing
the Capital Adequacy and Capital Category of Banks''.
(2) Replace the original capital instrument with a capital
instrument with equivalent or higher quality.
If the Bank intends to exercise the early redemption right,
it will announce 30 days before the scheduled redemption date of
the Tranche C and redeem the full amount of the Tranche C based on the
face value plus the interest payable. If the conditions are different
from those approved by the competent authority, the conditions approved
by the competent authority shall prevail. If the Bank exercises its
redemption right, Tranche C shall mature on the redemption date.
20.Reference date for any additional share exchange, stock swap, or
subscription:NA
21.Possible dilution of equity in case of any additional share exchange,
stock swap, or subscription:NA
22.Any other matters that need to be specified:
The Board approved on 2025/01/20.