CTBC Financial Holding Announces Taiwan Life's Investment Approval in LS Power Fund VI Feeder 2, L.P.

1. Name and nature of the subject matter (for preferred shares, specify agreed issuance conditions such as dividend rate): LS Power Fund VI Feeder 2, L.P.; an infrastructure fund

2. Date of fact occurrence: 115/07/20

3. Number of trading units, unit price, and total transaction amount: Not applicable, not applicable, not exceeding USD 10,000,000

4. Counterparty and its relationship with the company (if the counterparty is an individual and not a related party of the company, name disclosure may be omitted): LS Power Fund VI GP, LLC, non-related party

5. If the counterparty is a related party, state the reason for selection, previous transferor, relationship among the company, counterparty, and previous transferor, transfer date, and amount: Not applicable

6. If the owner of the subject matter was a related party of the company within the past five years, state the acquisition and disposal date, price, and relationship with the company at the time: Not applicable

7. Matters related to the disposal of receivables (including types of collateral attached to disposed receivables; if receivables from related parties, state names and book amounts): Not applicable

8. Gain (or loss) from disposal (not applicable for acquisition of securities) (if deferred, list recognition details): Not applicable

9. Delivery or payment terms (including period and amount), contractual restrictions, and other important agreements: Delivery or payment terms (including period and amount): as per contract terms; Contractual restrictions and other important agreements: as per contract terms

10. Decision method for this transaction, reference basis for price determination, and decision-making unit: Decision method and price determination basis: as per contract terms; Decision-making unit: according to the company's authorized approval authority

11. Net asset value per share of the securities-issuing company: Not applicable

12. Difference of over 20% between private placement reference price and per-share transaction amount of securities: Not applicable

13. Cumulative holdings of this transaction's securities (including this transaction) as of now, in quantity, amount, ownership percentage, and rights restrictions (e.g., pledge status): Parent company: no holdings Company: not applicable, not exceeding USD 10,000,000, approximately 0.18%, none Subsidiaries: no holdings

14. Proportion of cumulative private placement securities investment (including this transaction) to total assets and equity attributable to parent company owners in the latest financial statements, and amount of working capital: 3% of total assets, 31% of equity attributable to parent company owners, working capital: not applicable

15. Manager and brokerage fees: Not applicable

16. Specific purpose or use of acquisition or disposal: For life insurance fund deployment in accordance with insurance regulations

17. Dissenting opinions from directors regarding this transaction: Not applicable

18. Whether this transaction is a related-party transaction: No

19. Date of board approval: Not applicable, outside board approval authority

20. Date of supervisor acknowledgment or audit committee approval: Not applicable, outside board approval authority

21. Whether accountants issued an unreasonable opinion on this transaction: No

22. Name of accounting firm: Ching Tien Certified Public Accountants

23. Name of accountant: Hsu Ming-Hsiung

24. Accountant license number: Taipei CPA License No. 3723

25. Other statements: None