[Cathay Financial] Subsidiary Cathay Life Insurance's New President Approved by Regulator

1. Date of Board Resolution or Change: 115/05/22 2. Position (Chairman or President): President 3. Previous Incumbent Name: None 4. Previous Incumbent Resume: None 5. New Incumbent Name: Lin Chao-ting 6. New Incumbent Resume: Acting President of Cathay Life Insurance 7. Circumstances of Change (Resignation, Dismissal, Term Expiration, Job Adjustment, Layoff, Retirement, Death, or New Appointment): New Appointment 8. Reason for Change: New Appointment 9. Effective Date of Appointment: 115/05/22 10. Other Matters (If the subject of the event or resolution belongs to a public company or higher, this significant announcement also meets the requirements for events significantly impacting shareholder equity or securities prices stipulated in Article 7, Paragraph 6 of the Enforcement Rules of the Securities and Exchange Act): Conducted in accordance with Financial Supervisory Commission letter 115/05/22 Jin-Guan-Bao-Shou-Zi No. 1150491789.