Chunghwa Financial Holding Announces Capital Reduction by Canceling Issued Restricted Employee Shares, Approved by Ministry of Economic Affairs

1. Date of regulatory authority approval for capital reduction: 115/06/11 2. Date of completion of capital change registration: 115/06/11 3. Impact on financial statements (including differences in paid-in capital and outstanding shares, and impact on net asset value per share): (1) Before reclaiming and canceling issued restricted employee shares: The company's paid-in capital was NT$201,778,069,030, with 20,177,806,903 shares issued. (2) After reclaiming and canceling issued restricted employee shares: The company's paid-in capital is now NT$201,768,883,810, with 20,176,888,381 shares issued (a reduction of 918,522 ordinary shares). (3) Reclaiming and canceling issued restricted employee shares has no impact on the company's net asset value per share. 4. Planned share exchange program: Not applicable. 5. Number of listed ordinary shares after capital-reduced new shares are listed: Not applicable. 6. Ratio of listed ordinary shares after capital reduction to total issued ordinary shares (listed ordinary shares after reduction / total issued ordinary shares after reduction): Not applicable. 7. If the post-reduction listed ordinary shares are less than 60 million shares and less than 25%, explain measures for low equity liquidity: Not applicable. 8. Other disclosures: The company received the capital change registration approval letter from the Ministry of Economic Affairs on June 12, 115. This is hereby announced.