CTBC Financial Announces Credit Asset Transfer by Subsidiary CTBC Bank

Publication Date: 1150519 Spokesperson Date: 1150518 Spokesperson Time: 171019 Company Code: 2891 Company Name: CTBC Financial Subject: Announcement on behalf of subsidiary CTBC Bank regarding the transfer of credit assets. Compliant Clause: Article 20 Date of Occurrence: 1150518 Explanation: 1. Name and nature of the underlying asset: Financial institution debt (loans). 2. Date of occurrence: 115/5/18~115/5/18 3. Board of Directors approval date: N/A 4. Other approval date: Approval level: Credit Committee, April 16, 115 (ROC). 5. Transaction unit quantity, price per unit, and total transaction amount: N/A, N/A, USD 35,000,000. 6. Counterparty and relationship to the company: Canara Bank, IFSC Banking Unit, a non-related party. 7. Explanation if counterparty is a related party: N/A 8. Disclosure if any owner of the asset in the past five years was a related party: N/A 9. Details regarding the disposal of credit claims: N/A 10. Gain (or loss) on disposal: None. 11. Payment terms, restrictive covenants, and other important stipulations: Payment terms: As per contract. Important stipulations: As per contract. 12. Method of decision, basis for price determination, and decision-making unit: Determined by the bank's internal final review unit; terms are based on the contract and general market practices. 13. Net value per share of the target company: N/A 14. Cumulative holding status to date: N/A 15. Ratio of securities investment to total assets and equity: N/A 16. Broker and brokerage fee: N/A 17. Specific purpose or use of the acquisition or disposal: To activate the credit asset portfolio. 18. Opinions of dissenting directors: N/A 19. Is this a related party transaction: No. 20. Date of approval by supervisors or audit committee: N/A 21. Unreasonable opinion from CPA: N/A 22. CPA firm name: N/A 23. CPA name: N/A 24. CPA license number: N/A 25. Does it involve a change in business model: No. 26. Explanation of business model change: N/A 27. Transactions with the counterparty in the past and next year: Routine business. 28. Source of funds: N/A 29. Date of previous material information announcement on the same event: N/A 30. Other remarks: This transaction is calculated based on the exchange rate of 115/5/14 (USD 1 = NTD 31.5270).