Cathay Financial Holding Co., Ltd. announced change of one director. Name of the previous position holder: Cheng-Ta Tsai. Resume of the previous position holder: Director, Cathay Financial Holding Co., Ltd. Name of the new position holder: Grace Chen.

Resume of the new position holder: Chief Financial Officer/Senior Executive VP, Cathay Financial Holding Co., Ltd. Reason for the change: Reassignment by the shareholder. Effective date of the new appointment: December 18, 2023.