2882 Cathay Financial Holding: Lifting of Non-Compete Restrictions for Subsidiary Managers

On May 22, 2025, Cathay Financial Holding (2882) announced the lifting of non-compete restrictions for managers at its subsidiary, Cathay Wind Power Holding Co., Ltd. The managers involved are Lin Zhi-bang (General Manager) and Tsai Chi-yu (Assistant Vice President of Finance and Accounting). The scope of the permitted competitive activities includes companies with business scopes identical or similar to Cathay Wind Power. The decision was approved by the Board of Directors and has no material impact on the company's finances.