CTBC Financial Announces Board Resolution on Cancellation of Unvested Restricted Employee Shares for Capital Reduction

Announcement Date: July 23, 115 Statement Date: July 22, 115 Statement Time: 16:11:54 Company Code: 2891 Company Name: CTBC Financial Subject: Announcement of Board Resolution on Cancellation of Restricted Employee Shares for Capital Reduction Applicable Clause: Clause 11 Factual Date: July 22, 115 Details: 1. Board Resolution Date: 07/22, 115 2. Reason for Capital Reduction: Cancellation of restricted employee shares previously allocated to employees who failed to meet vesting conditions. 3. Amount of Capital Reduction: NT$9,655,750 4. Number of Shares to be Eliminated: 965,575 shares 5. Capital Reduction Ratio: 0.0048% 6. Capital After Reduction: NT$201,759,228,060 7. Scheduled Shareholders' Meeting Date: Not applicable 8. Expected Number of Listed Common Shares After Capital Reduction: Not applicable 9. Ratio of Listed Common Shares to Issued Common Shares After Reduction: Not applicable 10. Measures for Low Liquidity if Post-Reduction Listed Shares Are Below 60 Million or 25%: Not applicable 11. Capital Reduction Reference Date: 07/22, 115 12. Other Matters to be Clarified: The capital reduction reference date is July 22, 115. If operational adjustments are required, the board authorizes the chairman to make necessary changes.