Announcement on behalf of subsidiary Taiwan Life that its Board passed a motion to apply for the establishment of a wholly owned subsidiary

1.Date of occurrence of the event:2024/09/27

2.Company name:Taiwan Life Insurance Co., Ltd.

3.Relationship to the Company (please enter ”head office” or

  ”subsidiaries”):subsidiaries

4.Reciprocal shareholding ratios:100%

5.Cause of occurrence:The Board of Directors of Taiwan Life passed a motion

to apply for the establishment of a wholly owned subsidiary, with an

investment of NT$60 million in order to develop the older adult health and

care service business.

6.Countermeasures:None

7.Any other matters that need to be specified (the information disclosure

  also meets the requirements of Article 7, subparagraph 9 of the Securities

  and Exchange Act Enforcement Rules, which brings forth a significant impact

  on shareholders rights or the price of the securities on public companies.):

None