CTBC Financial Holding Announces Subsidiary Taiwan Life Insurance's Acquisition of Right-of-Use Asset from Related Party

1. Name and nature of the subject property (e.g., land located at XX Section, XX Minor Section, North District, Taichung City):
Part of Land No. 45, Jingmao Section, Nangang District, Taipei City.

2. Date on which the event occurred: 06/22/115 ~ 06/22/115

3. Board approval date: Not applicable

4. Other approval dates:
Approval level: General Manager
June 22, 115

5. Quantity of transaction units (e.g., XX square meters, converted to XX ping), unit price, and total transaction amount:
Usable area: Phase I maintains 1,023.15 square meters,
Phase II changes from 1,421.39 square meters to 1,608.51 square meters,
Phase III-1 changes from 1,023.15 square meters to 1,046.89 square meters,
Phase III-2 is 1,043.19 square meters.

Usage period: Phase I from July 14, 111 to June 10, 112,
Phase II from June 11, 112 to October 1, 112,
Phase III-1 from October 2, 112 to January 7, 114,
Newly added Phase III-2 from January 8, 114 to July 31, 114,
Extended Phase III-2 until June 30, 116.

Usage fee: Original usage fee was NT$12,469,140,
First supplementary agreement added NT$7,484,898,
Second supplementary agreement added NT$6,491,496,
Third supplementary agreement added NT$5,930,646,
Fourth supplementary agreement added NT$4,956,733,
Fifth supplementary agreement added NT$10,905,100,
Sixth supplementary agreement added NT$12,835,059.

6. Counterparty and its relationship with the company (if the counterparty is an individual and not a related party of the company, name disclosure may be omitted):
Counterparty: CTBC Bank Co., Ltd.
Relationship with related party: Related party.

7. If the counterparty is a related party, state the reason for selecting the related party as the transaction party, the previous transferor, the relationship among the previous transferor, the company, and the counterparty, the previous transfer date, and the transfer amount:
Reason for selecting related party as transaction party: For the construction of an overhead bridge project.
Previous transferor, previous transfer date, previous transfer amount: Not applicable.

8. If the owner of the subject asset within the past five years was a related party of the company, state the date of acquisition and disposal by the related party, price, and the relationship with the company at the time of transaction:
Not applicable

9. Estimated gain (or loss) on disposal (not applicable for asset acquisition) (if deferred, list recognition details):
Not applicable

10. Delivery or payment terms (including payment period and amount), contractual restrictions, and other important agreements:
Payment terms: Full payment within 30 days after signing the agreement.
Restriction clauses: None.
Other important agreements: None.

11. Decision method of this transaction (e.g., bidding, comparison, negotiation), reference basis for price determination, and decision-making unit:
Decision method: Negotiation between both parties.
Reference basis for price determination:
Reference to land rent paid by CTBC Bank Co., Ltd. to Taiwan Fertilizer Co., Ltd.
Decision-making unit: Authorized spending approver.

12. Name of professional appraiser firm or company and appraisal amount:
Not applicable

13. Name of professional appraiser:
Not applicable

14. License number of professional appraiser:
Not applicable

15. Whether the appraisal report is for limited price, specific price, or special price: No or not applicable

16. Whether the appraisal report has not yet been obtained: No or not applicable

17. Reason for not obtaining the appraisal report:
Not applicable

18. If there is a significant difference in appraisal results, state the reason and auditor's opinion:
Not applicable

19. Name of accounting firm:
Not applicable

20. Name of accountant:
Not applicable

21. License number of accountant:
Not applicable

22. Broker and brokerage fee:
Not applicable

23. Specific purpose or use of acquisition or disposal:
Overhead bridge construction

24. Opinion of directors who expressed dissent on this transaction:
Not applicable

25. This transaction is a related-party transaction: Yes

26. Date of supervisor approval or audit committee consent:
Not applicable. According to the interpretation of Article 45 of the Financial Holding Company Act, the transaction amount is approved by the authorized internal executive as per internal regulations.

27. This transaction involves acquiring real estate or right-of-use assets from a related party: Yes

28. Price evaluated under Article 16 of the 'Asset Acquisition and Disposal Rules for Publicly Issued Companies': Not applicable

29. Price evaluated under Article 17 of the same rules if the price under the previous item is lower than the transaction price: Not applicable

30. Previous dates on which material information regarding the same event was disclosed:
July 13, 111; June 9, 112; February 17, 113; August 20, 113; January 7, 114; July 29, 114

31. Other explanatory matters:
Approved by the General Manager.