KGI Life Announces Board Resolution to Issue Publicly Offered Subordinated Bonds with Tenure of Ten Years or More

1. Board Resolution Date: 115/06/18 2. Name (XX Company's Xth Secured/Unsecured Corporate Bond): KGI Life Insurance Co., Ltd. Ten-Year (or Longer) Cumulative Subordinated Corporate Bond. 3. Whether Filing a Comprehensive Declaration for Corporate Bond Issuance (Yes/No): No. 4. Total Issuance Amount: Up to NT$20 billion (or equivalent foreign currency), which may be issued in one or multiple tranches depending on actual needs. 5. Face Value per Unit: NT$1 million (for foreign currency issuance, determined based on market conditions). 6. Issue Price: Issued at full face value. 7. Tenure: The bond tenure shall not exceed 15 years (inclusive). 8. Interest Rate: To enhance issuance flexibility and respond to bond market fluctuations, the Chairman or his designated representative shall determine the rate based on market conditions. 9. Type, Name, Amount, and Terms of Collateral: Not applicable. 10. Use of Proceeds and Allocation Plan: To strengthen financial structure and enhance the company’s own capital. 11. Underwriting Method: Publicly underwritten through appointed underwriters. 12. Bond Trustee: To be determined by the Chairman or his designated representative. 13. Underwriting or Distribution Institutions: To be determined. 14. Issuance Guarantor: Not applicable. 15. Agent for Principal and Interest Payment: To be determined by the Chairman or his designated representative. 16. Visa Institution: Not applicable. 17. Conversion into Shares and Conversion Terms: Not applicable. 18. Put Option Terms: Not applicable. 19. Call Option Terms: To be determined by the Chairman or his designated representative. 20. Share Conversion Reference Date for Convertible, Exchangeable, or Subscription Rights-Attached Bonds: Not applicable. 21. Potential Dilution of Equity for Convertible, Exchangeable, or Subscription Rights-Attached Bonds: Not applicable. 22. Rationality and Necessity of Fundraising Following Cash Capital Reduction (Applicable if cash capital reduction was conducted in the current or previous year): Not applicable. 23. Other Matters to be Disclosed: The bonds will be applied for listing on the Taiwan OTC (GreTai Securities Market) for over-the-counter trading.