Hereby announced the approval of the case of lifting the restriction on non-competition for directors on behalf of its subsidiary,CTBC Asia Limited.

1.Date of the board of directors resolution:2023/05/31

2.Name and title of the managerial officer with permission to engage in

  competitive conduct:Yen Chun Hsien

3.Items of competitive conduct in which the officer is permitted to engage:

Director of CTBC Securities Co., Ltd.

4.Period of permission to engage in the competitive conduct:

During the period of serving as a director in CTBC Asia Limited.

5.Circumstances of the resolution (please describe the results of voting in

accordance with Article 32 of the Company Act):

Unanimously agreed by all directors in accordance with the case.

6.If the permitted competitive conduct belongs to the operator of a mainland

China area enterprise, the name and title of the managerial officer

(if it is not the operator of a mainland China area enterprise, please enter

“N/A” below):N/A

7.Company name of the mainland China area enterprise and the officer's

position in the enterprise:N/A

8.Address of the mainland China area enterprise:N/A

9.Operations of the mainland China area enterprise:N/A

10.Impact on the company's finance and business:N/A

11.If the managerial officer has invested in the mainland China area

enterprise, the monetary amount of the investment and the officer's

shareholding ratio:N/A

12.Any other matters that need to be specified:This case will take

effect after the approval from the authorities in Thailand.