China Development Financial : Q4 2023 Shareholder Deck

FY 2023 Performance Review

Investor Conference Call

Disclaimer

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Contents

FY 2023 Performance Review

Highlights	Page 04
Strategy Update	Page 06
Financial Overview	Page 13
KGI Life	Page 17
KGI Bank	Page 22
CDIB Capital Group	Page 25
KGI Securities	Page 28
Appendix	Page 32

FY 2023 Performance Highlights

FY 2023 Net Income of NT$18.94bn and EPS of NT$1.13

KGI Bank

• • FY 2023 net income of NT$5.4bn and annualized ROE of 8.26%; Wealth management income grew by 33%

• • SME and personal loans grew 13% and 21% YoY in 2023

• • SuYin KGI Consumer Finance's profits rose 143% YoY to RMB 389mn in 2023; post the capital injection, KGIB's stake has risen to 37.6%

CDF

• • FY 2023 net income was NT$18.94bn with an EPS of NT$1.13, reflecting a 16% YoY growth. Additionally, the comprehensive income for 2023 was NT$53.85bn

• • CDF has been selected for the fourth consecutive year to be included in the DJSI index

• • Aligned the brand positioning of all consumer- facing brands to create synergies with the rebranding of KGI Life

CDIB Capital

• • FY 2023 net income of NT$2.2bn and annualized ROE of 7.6%

• • Formed new partnerships for five new industrial funds or public utility project funds, expecting to increase our fee-paying AUM by NT$19.6bn

• • Selected 10 potential teams to pledge matching fund on NDC's Regional Revitalization Initiative to support micro and small businesses to energize local economies

KGI Life

• • FY 2023 net income of NT$10.18bn ; The net worth increased by 39% yoy, reaching NT$148.33bn in 2023

• • Focused on high-value products; VNB margin up to 35.5% from 30.5% of the previous year

• • Maintain prudent investment management in a volatile market; Pre-hedging recurringyield up 11bps yoyto 3.86% in 2023

KGI Securities

• • FY 2023 net income of NT$7.3bn increased by 102% YoY, and overseas contribution increased to 14.6% from 11.3%

• • Number 1 in ECM and DCM; brokerage market share increased from 10.4% to 11.1%

• • Customer AUM up 31% YoY to NT$443bn as of the end of 2023

Note: AUM include KGI SITE

ABCDE Strategy

A

Accelerate

Digital

B

Become Employer of Choice

C

Customer

Focus

D

E

Drive Growth

Execution ExcellenceBest-in-market

Higher EngagementMost RecommendedExceed IndustryDeliver

CDF AI Business Applications

7 Core AI Technologies

8 CDF Group Initial Business Applications

Major needs from

Natural-Language Processing & LLMPredict customer preference and recommend product/service

Generate writing/summary and marketing content Help code development and dashboard design faster

Robotics (Automation)

Provide suggestion to customer for financial plan, insurance suggestion and investment plan

Anomaly detection and customer account protection Evaluate customer risk on loan or insurance

8

FY 2023 Performance Review

Speech TechnologyBehavioral Analytics

Generative AI

AI ProphetGenius LitterateurAI EyesAI SecretarySmart Wealth

MentorIntelligence

Guard

Read text content and understand semantic

Speech analysis, translation in text and speechImage recognition, e.g., OCR, X-ray image

Chatbot and internal enterprise knowledge management

KGI Life Strategic Progress for 2023

Focus on digital innovation and enhancing customer experience

Key Initiatives

Progress Update

A g

B gC gD g

Focused on sales of protection-type products. FYP increased 40% yoy, reaching 20.7 bn in 2023, Ranked 2 in market share.

E g

KGI Life is the only life insurance company in Asia to be awarded The Asset's "Best Initiative in Diversity and Inclusion" award.

A = ACCELERATE DIGITAL | B = BECOME EMPLOYER OF CHOICE | C = CUSTOMER FOCUS | D = DRIVE GROWTH | E = EXECUTION EXCELLENCE

KGI Bank Strategic Progress for 2023

Focused on Yield & Efficiency Enhancement

KEY INITIATIVES

A g

PROGRESS UPDATE

Expanded alliance network to 11 partners including taxi fleets, e-commerce, delivery, and rental platformsReleased 89 frequently used mobile banking function updates in 2023

Inclusive Finance Credit

Loan won the 20th National Brand Yushan

Award for "Best Product"

B gC gD g

A = ACCELERATE DIGITAL | B = BECOME EMPLOYER OF CHOICE | C = CUSTOMER FOCUS | D = DRIVE GROWTH | E = EXECUTION EXCELLENCE

E g

10