SinoPac Financial Holdings: Change in Independent Directors for Bank SinoPac (China)

SinoPac Financial Holdings Co., Ltd. announced on behalf of its important subsidiary, Bank SinoPac (China) Ltd., that its board of directors has resolved to reassign independent directors. The outgoing independent directors are Huang Sheng and Xiao Binqing. The newly appointed independent directors are Zhao Xinge and Yu Honghai. Zhao Xinge is currently a professor at the China Europe International Business School (CEIBS), with an effective date expected to be July 17, 2026. Yu Honghai is currently the Dean of the School of Engineering Management at Nanjing University, with an effective date expected to be July 30, 2026. This move is part of the company's efforts to enhance corporate governance and professional supervision in its Chinese operations.