Announcement of Director and Independent Director election for the 8th term of CTBC Financial Holding Co., Ltd.

1.Date of occurrence of the change:2022/06/17

2.Elected or changed position (Please enter institutional director,

institutional supervisor, independent director, natural-person director or

natural-person supervisor):institutional director、independent director

3.Title and name of the previous position holder:

Director

Wen-Long, Yen, Representative of Wei Fu Investment Co.,Ltd.

Thomas K.S. Chen, Representative of Yi Chuan Investment Co.,Ltd.

Chao-Chin, Tung, Representative of Chung Yuan Investment Co.,Ltd.

Independent Director

Shih-Chieh, Chang

Cheung-Chun, Lau

Chih-Cheng, Wang

Sheng-Yung, Yang

4.Resume of the previous position holder:

Director

Wen-Long, Yen, Representative of Wei Fu Investment Co.,Ltd.

/CTBC Financial Holding Co., Ltd. (Chairman)

Thomas K.S. Chen, Representative of Yi Chuan Investment Co.,Ltd.

/CTBC Financial Holding Co., Ltd. (Vice Chairman)

Chao-Chin, Tung, Representative of Chung Yuan Investment Co.,Ltd.

/CTBC Financial Holding Co., Ltd. (Director)

Independent Director

Shih-Chieh, Chang/CTBC Financial Holding Co., Ltd.(Independent Director)

Cheung-Chun, Lau/CTBC Financial Holding Co., Ltd.(Independent Director)

Chih-Cheng, Wang/CTBC Financial Holding Co., Ltd.(Independent Director)

Sheng-Yung, Yang/CTBC Financial Holding Co., Ltd.(Independent Director)

5.Title and name of the new position holder:

Director

Wen-Long, Yen, Representative of Wei Fu Investment Co.,Ltd.

Thomas K.S. Chen, Representative of Yi Chuan Investment Co.,Ltd.

Chun-Ko, Chen, Representative of Chung Yuan Investment Co.,Ltd.

Independent Director

Sheng-Yung, Yang

Cheung-Chun, Lau

Wen-Yen Hsu

Chung-Hui Jih

6.Resume of the new position holder:

Director

Wen-Long, Yen, Representative of Wei Fu Investment Co.,Ltd.

/CTBC Financial Holding Co., Ltd. (Chairman)

Thomas K.S. Chen, Representative of Yi Chuan Investment Co.,Ltd.

/CTBC Financial Holding Co., Ltd. (Vice Chairman)

Chun-Ko, Chen, Representative of Chung Yuan Investment Co.,Ltd.

/CTBC Financial Holding Co., Ltd. (Director)

Independent Director

Sheng-Yung, Yang/CTBC Financial Holding Co., Ltd.(Independent Director)

Cheung-Chun, Lau/CTBC Financial Holding Co., Ltd.(Independent Director)

Wen-Yen Hsu/Taiwan Life Insurance Co., Ltd.(Independent Director)

Chung-Hui Jih/CTBC Securities Co., Ltd.(Independent Director)

7.Circumstances of change (Please enter “resignation”, “dismissal”,

“term expired”, “death” or “new appointment”):term expired

8.Reason for the change:Re-election

9.Number of shares held by the new position holder when elected:

Director

Wen-Long, Yen, Representative of Wei Fu Investment Co.,Ltd.

Common shares: 86,366,551

Preferred shares B: 1,182,215

Preferred shares C: 0

Thomas K S. Chen, Representative of Yi Chuan Investment Co.,Ltd.

Common shares: 98,344,869

Preferred shares B: 1,505,459

Preferred shares C: 449,464

Chun-Ko, Chen, Representative of Chung Yuan Investment Co.,Ltd.

Common shares: 99,572,626

Preferred shares B: 0

Preferred shares C: 299,681

Independent Director

Sheng-Yung, Yang    Common shares: 21,674

                    Preferred shares B: 0

                    Preferred shares C: 0

Cheung-Chun, Lau    Common shares: 0

                    Preferred shares B: 0

                    Preferred shares C: 0

Wen-Yen Hsu         Common shares: 0

                    Preferred shares B: 0

                    Preferred shares C: 0


Chung-Hui Jih       Common shares: 0

                    Preferred shares B: 0

                    Preferred shares C: 0

10.Original term (from __________ to __________):2019/06/14~2022/06/13

11.Effective date of the new appointment:2022/06/17

12.Turnover rate of directors of the same term:NA

13.Turnover rate of independent directors of the same term:NA

14.Turnover rate of supervisors of the same term:NA

15.Change in one-third or more of directors (Please enter “Yes” or

“No”):Yes

16.Any other matters that need to be specified:NA