Cathay Financial Holding Announces Regulatory Penalty on Subsidiary Cathay Life Insurance

1. Date of Incident: July 24, 115 (2026) 2. Reporting Entity: Cathay Life Insurance Co., Ltd. (subsidiary of Cathay Financial Holding) 3. Reason for Incident (Event Description): The Financial Supervisory Commission found that the company's insurance operations violated relevant provisions of the Insurance Act. 4. Handling Process: The company has reviewed related procedures and strengthened monitoring and control mechanisms. 5. Penalty Imposed: Fine of NT$1.8 million 6. Was a monetary penalty imposed?: Yes 7. Amount of Penalty (NTD): NT$1,800,000 8. Estimated Potential Loss or Impact: NT$1,800,000 9. Amount Potentially Covered by Insurance Claims: None 10. Improvement Status and Future Measures: Cathay Life Insurance will implement improvements in accordance with the penalty notice and further strengthen internal control operations. 11. Has a major information announcement already been issued for the same event?: No 12. Other Matters to be Disclosed: None