Cathay Financial Announces Release of Non-Competition Clause for Executives at Subsidiary Cathay United Bank

Announcement Date: July 17, 115 Statement Date: July 16, 115 Statement Time: 17:15:56 Company Code: 2882 Company Name: Cathay Financial Subject: Announcement on the Release of Non-Competition Obligation for Managers at Subsidiary Cathay United Commercial Bank Applicable Clause: Clause 21 Factual Date: July 16, 115

Details: 1. Board Resolution Date: 07/16/115 2. Names and Titles of Managers Permitted to Engage in Competitive Activities: (1) Deng Chong-Yi / General Manager (2) Cai Xiang-Xin / Senior Deputy General Manager (3) Zhang Jing-Li / Senior Deputy General Manager (4) Chen Guan-Xue / Deputy General Manager (5) Li Ding-Lun / Deputy General Manager (6) Lin Yi-Qun / Deputy General Manager (7) Huang Li-Wei / Deputy General Manager 3. Permitted Competitive Activities: Companies with business scope identical or similar to Cathay United Commercial Bank 4. Duration of Permitted Competitive Activities: During the tenure as managerial personnel at Cathay United Commercial Bank 5. Resolution Outcome (Voting Results per Article 32 of the Company Act): Approved as proposed, with disinterested directors present voting in favor, excluding those with conflicts of interest 6. Names and Titles of Managers Engaging in Competitive Activities Related to Mainland China-based Enterprises (Enter 'Not Applicable' if not applicable): Not Applicable 7. Company Name and Position Held in Such Mainland China-based Enterprise: Not Applicable 8. Address of Such Mainland China-based Enterprise: Not Applicable 9. Business Scope of Such Mainland China-based Enterprise: Not Applicable 10. Impact on the Company's Financial and Business Operations: None 11. Investment Amount and Shareholding Ratio if Managers Invest in Such Mainland China-based Enterprise: Not Applicable 12. Other Matters to be Disclosed: None