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

1.Date of occurrence of the event:2022/10/07

2.Circumstances of the violation:CTBC Bank has violated

relevant laws of the Insurance Act while conducting

insurance agency business.

3.Monetary amount of fines:NT$1,200,000

4.Status of the injunction by the respective competent authority:CTBC Bank

was fined NT$1,200,000 and required to enhance the check machanism of justify

the source of insurance premium within one month.

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