Cathay Financial Holdings (2882): Announcement by subsidiary Cathay Century Insurance on acquiring a right-of-use asset from Cathay Life Insurance

Date of Table: 2026/05/21
Date of Statement: 2026/05/20
Time of Statement: 17:43:29
Company Code: 2882
Company Name: Cathay Financial Holdings
Subject: Announcement by subsidiary Cathay Century Insurance on the acquisition of a right-of-use asset from Cathay Life Insurance Co., Ltd.

Applicable Clause: Article 20
Date of Occurrence: 2026/05/20

Explanation:
1. Name and Nature of the Asset: Taoyuan Zhongshan Building: Room B, 13th Floor, No. 845, Zhongshan Road, Taoyuan District, Taoyuan City.
2. Date of Occurrence: 2026/05/20
3. Date of Board of Directors' Approval: Not applicable
4. Other Approval Date: Approval Level: General Manager, May 20, 2026
5. Transaction Unit Quantity, Price Per Unit, and Total Transaction Amount:
(1) Transaction Unit Quantity: Warehouse 24.25 ping (approx. 80.17 sq. meters) x 1 unit, at NT$661.5 per ping (tax included)
Price Per Unit: NT$16,042 (monthly rent)
Total Transaction Amount: NT$16,042 x 16 months = NT$256,672
(2) Right-of-Use Asset Value: NT$253,322
6. Counterparty and its Relationship with the Company:
Counterparty: Cathay Life Insurance Co., Ltd.
Relationship with the Company: Related party
7. For Related Party Transactions, Reasons for Selecting the Counterparty and Other Details:
Reason for selection: New lease
Previous Owner: Not applicable
Date of Previous Transfer: Not applicable
Price of Previous Transfer: Not applicable
8. Information on the asset's ownership by a related party in the last five years: Not applicable
9. Expected Gain or Loss on Disposal: Not applicable
10. Payment Terms, Contractual Restrictions, and Other Important Covenants:
Lease Period: From May 21, 2026, to September 20, 2027, totaling 16 months.
(1) Payment Terms: Rent is payable once per month, in the amount of NT$16,042.
(2) Restrictive Covenants and Other Important Terms: None
11. Method of Transaction Decision, Basis for Price Determination, and Decision-Making Unit:
Method of Decision: Mutual negotiation
Basis for Price: Reference to valuation data from a professional appraisal firm
Decision-Making Unit: In accordance with the company's internal authority policies
12. Name of Professional Appraiser's Firm and Appraised Value: Liyen Real Estate Appraiser Firm
13. Name of Professional Appraiser: Chen Hsin-Hao
14. Professional Appraiser's Certificate Number: (Taipei) Appraisal No. 000299
15. Is the Appraisal Report for a Limited, Specific, or Special Price: No or not applicable
16. Has the Appraisal Report Not Yet Been Obtained: No or not applicable
17. Reason for Not Yet Obtaining the Appraisal Report: Not applicable
18. Explanation for Significant Discrepancies in Appraisal Results and Accountant's Opinion: Not applicable
19. Name of Accounting Firm: Not applicable
20. Name of Accountant: Not applicable
21. Accountant's Certificate Number: Not applicable
22. Broker and Brokerage Fee: Not applicable
23. Specific Purpose of the Acquisition or Disposal: The Company is acquiring a right-of-use asset from 'Cathay Life Insurance Co., Ltd.' to provide storage for insurance application and claim-related documents for the Taoyuan Administrative Branch.
24. Opinions of Directors Expressing Dissent to the Transaction: None
25. Is this Transaction a Related-Party Transaction: Yes
26. Date of Supervisor's Acknowledgment or Audit Committee's Consent: Not applicable
27. Is this Transaction an Acquisition of Real Estate or its Right-of-Use Asset from a Related Party: Yes
28. Price Assessed According to Article 16 of the 'Regulations Governing the Acquisition and Disposal of Assets by Public Companies': Not applicable
29. Price Assessed According to Article 17 of the same regulations if the price from the preceding item is lower than the transaction price: Not applicable
30. Date of Previous Material Information Announcement on the Same Event: Not applicable
31. Other Remarks: None