Chinatrust Financial Holding Announces Subsidiary Taiwan Life Insurance's Approval to Lift Manager's Non-Competition Restriction

1. Board Resolution Date: 115/07/31

2. Name and Title of Manager Permitted to Engage in Competitive Activities: Ko Chia-Fu / Vice President, Taiwan Life Insurance Co., Ltd.

3. Approved Competitive Activity: Ko Chia-Fu / Director, CTBC Clearwater Leisure Co., Ltd.

4. Duration of Approved Competitive Activity: During tenure as a managerial officer of the company

5. Resolution Outcome (as per Article 32 of the Company Act): Approved by consent of attending directors

6. Manager's Name and Title if the Approved Competitive Activity Involves Business Operations in Mainland China (Enter 'Not Applicable' if not applicable): Not Applicable

7. Company Name and Position Held in the Mainland China Business: Not Applicable

8. Address of the Mainland China Business: Not Applicable

9. Business Scope of the Mainland China Business: Not Applicable

10. Impact on the Company's Financial and Business Operations: No impact

11. If the Manager Invests in the Mainland China Business, Investment Amount and Shareholding Ratio: None

12. Other Matters to be Disclosed: None