Shin Kong Life Announces Board Approval to Issue 10-Year (or Longer) Subordinated Callable Bonds via Public Offering

1. Board Resolution Date: 115/07/24 2. Name (XX Company's Xth Secured/Unsecured Corporate Bond): Shin Kong Life Insurance Co., Ltd. 10-Year (or Longer) Subordinated Callable Bonds. 3. Whether Filing a Comprehensive Corporate Bond Issuance: No 4. Total Issuance Amount: Up to TWD 18 billion (including TWD and/or equivalent foreign currency), to be issued once or in tranches within one year after board approval and regulatory authorization, in Taiwan and/or overseas through Shin Kong Life Singapore Pte. Ltd. (hereinafter referred to as the overseas fundraising entity), depending on market conditions and objective circumstances. 5. Face Value per Unit: To be fully determined at the discretion of the Chairman or his designated representative based on actual conditions. 6. Issue Price: To be fully determined at the discretion of the Chairman or his designated representative based on actual conditions. 7. Tenor: 10 years or longer. 8. Interest Rate: To be determined by the Chairman or his designated representative based on corporate bond market conditions. 9. Type, Name, Amount, and Terms of Collateral: Not applicable. 10. Use of Proceeds and Funding Plan: To strengthen own capital, enhance financial structure, and improve capital adequacy ratio. 11. Underwriting Method: To be fully determined at the discretion of the Chairman or his designated representative based on actual conditions. 12. Bond Trustee: To be fully determined at the discretion of the Chairman or his designated representative based on actual conditions. 13. Underwriter or Distributor: To be fully determined at the discretion of the Chairman or his designated representative based on actual conditions. 14. Issuance Guarantor: To be fully determined at the discretion of the Chairman or his designated representative based on actual conditions. 15. Agent for Principal and Interest Payment: To be fully determined at the discretion of the Chairman or his designated representative based on actual conditions. 16. Visa Institution: Not applicable. 17. Conversion into Shares and Conversion Terms: Not applicable. 18. Put Option Terms: None. 19. Call Option Terms: To be fully determined at the discretion of the Chairman or his designated representative based on actual conditions. 20. Share Conversion Reference Date (if convertible, exchangeable, or with subscription rights): Not applicable. 21. Potential Dilution of Equity (if convertible, exchangeable, or with subscription rights): Not applicable. 22. Rationality and Necessity of Fundraising Following Cash Capital Reduction (applicable if cash reduction occurred in the fundraising year or prior year): Not applicable. 23. Other Matters to be Disclosed: (1) Ordinary corporate bonds issued domestically will be applied for listing on the over-the-counter market of the Taiwan OTC Securities Exchange. (2) If issued overseas through the overseas fundraising entity, the bonds will be listed on an overseas exchange, with Shin Kong Life providing a guarantee for the bonds.