Cathay Financial Holding Announces Board Change at Cathay Life Insurance Vietnam

Release Date: July 17, 115 Statement Date: July 16, 115 Statement Time: 17:06 Company Code: 2882 Company Name: Cathay Financial Holding Subject: Announcement on behalf of Cathay Life Insurance Vietnam Co., Ltd. regarding a change in director. Applicable Clause: Clause 6 Event Date: July 16, 115

Details: 1. Date of Change: July 16, 115 2. Corporate Name: Cathay Life Insurance Vietnam Co., Ltd. 3. Former Director: Mr. Wu Fang-Hsing 4. Former Director's Background: Assistant Manager, Cathay Life Insurance 5. New Director: Mr. Wu Chia-Lin 6. New Director's Background: Assistant Manager, Cathay Life Insurance 7. Reason for Change: Reappointment by corporate shareholder 8. Original Term: December 3, 113 to November 30, 116 9. Effective Date of New Appointment: July 16, 115 10. Other Matters to Note: None