CTBC announced the capital reduction for cancelling the issued restricted employee stock shares (RSA) was approved by Ministry of Economic Affairs

1.Date of the competent authority’s approval of capital reduction:2023/10/02

2.Date of completion of capitalization change registration:2023/10/02

3.Effect on the financial statements (including any discrepancy between the

amount of paid-in capital and the no.of shares outstanding, and the effect

on net worth per share):

(1)Before capital reduction :

The amount of paid-in capital: NTD 200,836,042,910

The number of shares outstanding: 20,083,604,291 shares

(2)After capital reduction :

The amount of paid-in capital: NTD 200,832,871,060

The number of shares outstanding: 20,083,287,106 shares

(Cancelled 317,185 common shares)

(3)The Company’s net worth per share will not be

affected after the cancellation of the issued RSA.

4.Plan for expected share replacement operations:NA

5.Estimated no.of listed common shares after capital reduction and new issue:

NA

6.Estimated no.of listed common shares as a percentage of issued common

shares after capital reduction and new issue (No.of common shares after

capital reduction/No.of issued common shares):NA

7.Countermeasures for poor circulation of equity if the aforesaid estimated

no.of listed common shares does not reach 60 million shares and the

percentage does not reach 25% after capital reduction:NA

8.Any other matters that need to be specified:

CTBC received the approval letter of capital

reduction for the cancellation of the issued RSA from

Ministry of Economic Affairs on 2023/10/2.