2881 Fubon Financial: Fubon Life Fined NT$2.4 Million by Financial Supervisory Commission

Release Date: 1150716 Statement Date: 1150715 Statement Time: 123246 Company Code: 2881 Company Name: Fubon Financial Subject: Fubon Financial announces that its subsidiary, Fubon Life, has been fined NT$2.4 million by the Financial Supervisory Commission Applicable Clause: Clause 26 Factual Date: 1150715 Details: 1. Factual Date: 115/07/15 2. Entity Involved: Subsidiary reporting: Fubon Life 3. Reason for Incident (Event Description): The Financial Supervisory Commission found that the company violated relevant provisions of the Insurance Act in conducting insurance business 4. Handling Process: The company has reviewed related procedures and strengthened various monitoring and control mechanisms 5. Penalty: A fine of NT$2,400,000 imposed under Article 171-1, Paragraphs 4 and 5 of the Insurance Act 6. Whether a monetary penalty was imposed: Yes 7. Amount of penalty (NTD): NT$2,400,000 8. Estimated potential loss or impact: NT$2,400,000 9. Amount potentially covered by insurance (NTD): Not applicable 10. Improvement status and future response measures: The company has reviewed related procedures and strengthened various monitoring and control mechanisms 11. Whether a major announcement on the same event was previously issued: No 12. Other matters to be noted: In accordance with the official letter received by Fubon Life Insurance Co., Ltd. from the Financial Supervisory Commission on July 15, 115.