Announcement of the election of Directors on behalf of CTBC Bank Corp. (USA)
1.Date of occurrence of the change:2025/07/01
2.Elected or changed position (Please enter institutional director,
institutional supervisor, independent director, natural-person director or
natural-person supervisor):Natural-person director
3.Title and name of the previous position holder:
(1)Director, Tai-Keh Cheng
(2)Director, Noor Menai
(3)Director, Tsai-Jay Hsia
(4)Director, Chih-Chung Huang
(5)Outside Director, Terrence J. Grasmick
(6)Outside Director, William Walbrecher
(7)Outside Director, Joseph H. Tseng
(8)Outside Director, Andy Lee
4.Resume of the previous position holder:
(1)Tai-Keh Cheng:
Chairman, CTBC Bank Corp. (USA)
(2)Noor Menai:
Director, CTBC Bank Corp. (USA)
(3)Tsai-Jay Hsia:
Director, CTBC Bank Corp. (USA)
(4)Chih-Chung Huang:
Director, CTBC Bank Corp. (USA)
(5)Terrence J. Grasmick:
Outside Director, CTBC Bank Corp. (USA)
(6)William Walbrecher:
Outside Director, CTBC Bank Corp. (USA)
(7)Joseph H. Tseng:
Outside Director, CTBC Bank Corp. (USA)
(8)Andy Lee:
Outside Director, CTBC Bank Corp. (USA)
5.Title and name of the new position holder:
(1)Director, Tai-Keh Cheng
(2)Director, Noor Menai
(3)Director, Tsai-Jay Hsia
(4)Director, Chih-Chung Huang
(5)Outside Director, Terrence J. Grasmick
(6)Outside Director, William Walbrecher
(7)Outside Director, Joseph H. Tseng
(8)Outside Director, Anders Chung Yang
6.Resume of the new position holder:
(1)Tai-Keh Cheng:
Chairman, CTBC Bank Corp. (USA)
(2)Noor Menai:
Director, CTBC Bank Corp. (USA)
(3)Tsai-Jay Hsia:
Director, CTBC Bank Corp. (USA)
(4)Chih-Chung Huang:
Director, CTBC Bank Corp. (USA)
(5)Terrence J. Grasmick:
Outside Director, CTBC Bank Corp. (USA)
(6)William Walbrecher:
Outside Director, CTBC Bank Corp. (USA)
(7)Joseph H. Tseng:
Outside Director, CTBC Bank Corp. (USA)
(8)Anders Chung Yang:
Outside Director, CTBC Bank Corp. (USA)
7.Circumstances of change (Please enter “resignation”, “dismissal”,
“term expired”, “death” or “new appointment”):Term expired
8.Reason for the change:Term expired
9.Number of shares held by the new position holder when elected:N/A
10.Original term (from __________ to __________):From 2024/07/02 to 2025/07/01
11.Effective date of the new appointment:2025/07/02
12.Turnover rate of directors of the same term:N/A
13.Turnover rate of independent directors of the same term:N/A
14.Turnover rate of supervisors of the same term:N/A
15.Change in one-third or more of directors (Please enter “Yes” or
“No”):No
16.Any other matters that need to be specified (the information disclosure
also meets the requirements of Article 7, subparagraph 6 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.):
Due to the time zone difference, the election will be effective on July 1
in United States, which corresponds to July 2 in Taiwan.