Cathay Financial : UBS APAC Financials & Fintech Virtual Conference

2021 First Half Briefing

August 2021

Agenda

• Introduction of Cathay FHC
• 1H21 Business Overview
• Overseas Expansion
• Business Performance Summary

Cathay United Bank

Cathay Life

Cathay Century

• Cathay's CSR Efforts
• Appendix

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Cathay FHC: largest FHC, comprehensive products

Cathay FHC

Chairman: Mr. Hong-Tu Tsai

Vice Chairman: Mr. Tsu-Pei Chen

President: Mr. Chang-Ken Lee

100%	100%	100%

Cathay	Cathay	Cathay Life	Asset
United Bank	Century	Management
CUB (China)	Cathay Century	Cathay Lujiazui	Conning
(China)	Life (China)
(100%)	(100%)
(49%)	(50%)
Indovina Bank	Cathay Century	Cathay Life	Cathay Securities
(Vietnam)	(Vietnam)	Investment Trust
(50%)
(100%)	(100%)	(100%)
CUBC Bank			CDBS-CAM
(100%)			(33%)

100%100%

Cathay Cathay

Securities Venture

Cathay Futures

(100%)

Cathay Securities

(HK)

(100%)

• One of the largest private banks in terms of total assets
• No. 2 credit card issuer
• The largest brokerage settlement bank

• 2nd biggest non- life insurer
• Market share in total premium income:
  11.8% (1H21).

• No. 1 life insurer in terms of total assets and total premium
• Market share in total premium: 21.6% (1H21).

• Building global asset management platform
• Largest AUM among asset managers in Taiwan

• Investment banking, brokerage, and prop trading businesses
• Strong underwriting and capital raising platform
• Diversified products and services

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Market leader in Taiwan's FIG sector

• Largest listed financial group by assets.

Ranking of total asset (US$bn)

			Privately owned	Government-run
406	358
		240	213
			163	154	152
				129	125	118
Cathay	Fubon	CTBC	Taiwan	Shin Kong	Cooperative	Mega	First	CDF	Hua Nan

Note: Total assets as of June 30, 2021

Ranking of market cap (US$bn)

			Privately owned	Government-run
31.2	28.2
		16.1	16.0	12.7	10.9	10.7	10.7
				9.6
						7.6
Fubon	Cathay	CTBC	Mega	E. Sun	Yuanta Cooperative	First	Hua Nan	CDF

Note: Market capitalization as of August 31, 2021

4

Cathay FHC's continuous effort in ESG integration

2011

• • Established CSR Committee
• The only Taiwan FIG joined CDP Non-Disclosure Campaign & Climate Action 100+ Initiatives
• Cathay Century P&C Insurance self- compliance with PSI

2012

• • Published the first CSR report
• Joined Asia Investor Group on Climate Change (AIGCC)
• Cathay Life self-compliance with
  PSI

• Renamed CSR Committee to Corporate Sustainability Committee, supervised by

2014 • the Board

Formed Responsible Investment Team

• Included in DJSI Emerging Market Index
• Cathay United Bank signed Equator Principles, a first in Taiwan

2017

2016

20182019

2015

2020

• Included in DJSI World Index
• Among the first to sign on TCFD initiative
• Cathay United Bank self-compliance with
  PRB

• First Taiwan FIG to disclose carbon footprints in investment portfolio
• Active in engagement with government on climate governance

• Launched the Taiwan Sustainable Investment Survey
• Cathay Securities published ESG rating reports on individual listed companies

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