[Cathay Financial] CATHAYLIFE SINGAPORE PTE. LTD. Completes Pricing of $500M 15-Year Subordinated Bond

1. Board resolution date: NA 2. Name of Bond: CATHAYLIFE SINGAPORE PTE. LTD. 15-year unsecured cumulative subordinated corporate bond. 3. Shelf registration: No 4. Total issuance: USD 500,000,000. 5. Denomination: USD 200,000. 6. Issue price: 99.348 (Effective yield: 5.586%). 7. Term: 15 years. 8. Interest rate: Fixed at 5.5%. 9. Collateral: None. 10. Use of proceeds: Maintaining capital stability post-IFRS 17/ICS transition and ensuring overseas funding liquidity. 11. Distribution: Sold outside the US under Regulation S. 12. Trustee: Citicorp International Limited 13. Underwriters: J.P. Morgan, Morgan Stanley 14. Guarantor: Cathay Life Insurance Co., Ltd. 15. Paying agent: Citibank, N.A., London Branch 19. Buy-back conditions: Callable after 10 years if capital adequacy ratios are met and approved by regulators. 22. Other: Pricing completed in New York on April 23, 2026.