KGI Life Insurance Announces Board Approval to Lift Manager's Non-Competition Restriction

1. Board Resolution Date: June 18, 115

2. Name and Title of Manager Permitted to Engage in Competitive Activities: Hsieh Hsin-Hsin / Senior Vice President

3. Scope of Permitted Competitive Activities: Engaging in business activities similar or identical to the company’s operations, through concurrent positions at other companies, provided such activities do not conflict with the company’s interests

4. Duration of Permission: Throughout the period of serving as a managerial officer of the company

5. Voting Outcome (as per Article 32 of the Company Act): Approved unanimously by all attending directors

6. Manager’s Name and Title if the Permitted Activity Involves Mainland China Business (Enter 'N/A' if not applicable): Hsieh Hsin-Hsin / Senior Vice President

7. Name and Position at the Mainland China Entity: China Life Insurance Co., Ltd. (Mainland China) / Non-Independent Director of the 4th Board of Directors

8. Address of the Mainland China Entity: 29-33F, Bank of China Tower, No. 99 Yincheng Road, Pudong New Area, Shanghai, China

9. Business Scope of the Mainland China Entity: Life Insurance

10. Impact on the Company’s Financial and Business Operations: None

11. Investment Amount and Shareholding Ratio if the Manager Invests in the Mainland China Entity: N/A

12. Other Matters to be Disclosed: None