Chinatrust Financial Holding Announces Subsidiary Taiwan Life's Board Resolution to Issue Cumulative Subordinated Corporate Bonds

1. Board Resolution Date: June 30, 115 2. Name (e.g., XX Company's Xth Secured/Unsecured Corporate Bond): Taiwan Life Insurance Co., Ltd. 115th Cumulative Subordinated Corporate Bond. 3. Whether the issuance is under a blanket registration (Yes/No): No. 4. Total Issuance Amount: Up to NT$20 billion (or equivalent foreign currency), to be issued once or in tranches domestically and/or overseas through the company’s 100%-owned overseas fundraising entity (Taiwan Life Singapore Pte. Ltd.), depending on market demand. 5. Face Value per Unit: Tentatively set at NT$1 million per unit (for foreign currency issuance, determined based on market conditions). 6. Issue Price: Issued at full face value. 7. Tenor: 10 years or longer. 8. Interest Rate: To be determined by the Chairman or designated representative based on market conditions at the time of issuance. 9. Type, Name, Amount, and Terms of Collateral: None. 10. Use of Proceeds and Allocation Plan: To strengthen operational funding, enhance financial structure, and improve capital adequacy ratio. 11. Underwriting Method: To be determined by the Chairman or designated representative. 12. Bond Trustee: To be determined by the Chairman or designated representative. 13. Underwriter or Distributor: To be determined by the Chairman or designated representative. 14. Issuance Guarantor: If issued through the company’s 100%-owned overseas fundraising entity, the company will provide a guarantee for the bond. 15. Agent for Principal and Interest Payment: To be determined by the Chairman or designated representative. 16. Visa Institution: None. 17. Conversion into Shares and Conversion Mechanism (if applicable): Not applicable. 18. Put Option Terms: None. 19. Call Option Terms: To be determined by the Chairman or designated representative. 20. Share Conversion Benchmark Date (if applicable): Not applicable. 21. Potential Dilution of Equity (if applicable): Not applicable. 22. Rationality and Necessity of Fundraising Following Cash Capital Reduction (applicable if cash capital reduction was conducted in the current or prior year): Not applicable. 23. Other Matters to be Disclosed: (1) After filing with the competent authority and becoming effective, the corporate bonds will be applied for listing and trading on the Taiwan OTC Exchange or other overseas exchanges. (2) All matters related to the issuance terms of the corporate bonds shall be fully authorized to the Chairman or designated representative to handle in accordance with applicable laws and regulations.