Cathay Financial Insurance Announces Board Resolution to Lift Non-Competition Restrictions for Directors

Release Date: July 17, 2026 Statement Date: July 16, 2026 Statement Time: 17:17:12 Company Code: 2882 Company Name: Cathay Financial Holding Subject: Announcement by Cathay Insurance, a subsidiary, regarding board resolution (exercising shareholders' meeting authority) to lift non-compete restrictions for directors Applicable Clause: Clause 21 Event Date: July 16, 2026

Details: 1. Shareholders' Meeting Resolution Date: 07/16/2026 2. Names and Titles of Directors Permitted to Engage in Competitive Activities: Lü Zu-Yao / Director Yu Pei-Pei / Independent Director 3. Permitted Competitive Activities: Companies with business scopes identical or similar to the company’s 4. Duration of Permitted Competitive Activities: During their tenure as directors of the company 5. Voting Outcome (as stipulated under Article 209 of the Company Act): Approved as proposed, with all non-interested directors in attendance voting in favor, excluding those with conflicts of interest 6. Director Names and Titles if Permitted Competitive Activities Involve Businesses in Mainland China (Enter "Not Applicable" if not applicable): Not Applicable 7. Company Name and Position Held in Such Mainland China Business: Not Applicable 8. Address of Such Mainland China Business: Not Applicable 9. Business Scope of Such Mainland China Business: Not Applicable 10. Impact on the Company's Financial and Operational Status: None 11. If Directors Have Invested in Such Mainland China Business, Investment Amount and Shareholding Ratio: Not Applicable 12. Other Matters to be Disclosed: None