Cathay Financial Holding Announces Subsidiary Cathay Securities Plans to Acquire Cathay Life Insurance's 10-Year or Longer Cumulative Subordinated Corporate Bonds

Cathay Financial Holding announced on behalf of its subsidiary, Cathay Securities, the intention to acquire cumulative subordinated corporate bonds with a maturity of 10 years or more from Cathay Life Insurance. The transaction aims to assist with underwriting, sales, and settlement processes. The total transaction amount is capped at 500 million USD (including equivalent NTD), issued at par value, and will be paid in full on the settlement date. The funds for this transaction will be sourced from borrowings.