CTBC Financial : 2022 Q4 Analyst Meeting Presentation

CTBC Holding

Analyst Meeting Financial Review of 4Q22

March 10th, 2023

Investor Relations

DISCLAIMER

This presentation was prepared by CTBC Financial Holding (the "Company"). No representation or warranty, express or implied, is made as to the fairness, accuracy, or completeness of this presentation and the information contained herein. In addition, the Company does not undertake any obligation to publicly update or revise the information contained herein, whether as a result of new information or future events.

The financial information in this presentation is preliminary and subject to audit or review by the Company's auditors. Furthermore, this presentation may include forward-looking statements regarding the Company's future operation or financial condition. Such forward-looking statements are subject to the Company's assumptions and expectations in light of currently available information and involve known and unknown risks, uncertainties, and other factors. Accordingly, the Company's actual performance results may substantially differ from those expressed or implied herein.

Nothing in this presentation should be construed as either an offer to sell or a solicitation of an offer to buy or sell any securities of the Company.

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CTBC FHC

CTBC Holding's 2022 performance summary

				 Net profit of NT$31.3bn, declined 42% YoY, though ranked #3 among FHCs in
				Taiwan; excluding COVID-related losses, net profit declined 7% YoY
			CTBC Holding	 Total assets grew 9% YoY to reach NT$7.7tn, thanks to CTBC Bank
				 Adequate capitalization with CAR at 119%
				 Record net profit of NT$37.1bn, up 25% YoY, ranked #1 among banks in
				Taiwan; attributable to strong lending growth, widened margins, contained
			CTBC Bank	expense growth, and benign credit costs
				 Strong capitalization with CET1 ratio at 11%; resilient asset quality with NPL
				ratio at 0.49% and credit costs of 26bps in 2022
				 Net loss of NT$3.4bn was mostly due to volatilities in the capital markets in
			Taiwan Life	2022 and COVID-related losses of NT$19.1bn incurred at its P&C subsidiary
			 Sufficient capitalization with RBC ratio at 275% as of Dec. 31, 2022
				 MSCI ESG rating of "AA" and named a constituent stock of the MSCI Taiwan
				ESG Leaders Index, DJSI World & Emerging Markets Index, FTSE4Good Index
			Sustainability	Series, and Bloomberg Gender-Equality Index

 Joined the Coalition of Movers and Shakers on Sustainable Finance initiated by FSC and served as chair

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CTBC Holding's 2023 focuses and new initiatives
	 Enhancing WM and digital payment business models
CTBC Bank	 Scaling up SME business and enlarging cross-border business
 Cultivating business opportunities at overseas subsidiaries
	 Continuing digital transformation to enhance core competencies

		Focusing on value-driven products to enhance sustainable earnings
Taiwan Life		Balance capital allocation and investment returns in order to fulfill IFRS
	17 and ICS 2.0 requirements

• Leverage digital competencies and develop new core system in order to back product and service offerings
• Take constructive actions to ambitiously advocate biodiversity
• Intensify engagements with our customers and investees, reflecting our commitment to net zero emissions by 2050 using SBTi standard

Sustainability	 Chair the Coalition of Movers and Shakers on Sustainable Finance to lead
more active measures on sustainable development

• Develop sustainable financial products and innovative digital services
• Continue to support community development through social investments in five key areas1

1. Five key areas include charity, anti-drug awareness, sports, education, and arts and culture

© CTBC Financial Holding

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