CTBC Financial : Holding on behalf of its subsidiary, Taiwan Life Insurance Company, withdraw restrictions for Managerial officer to engage in competitive conduct.

1.Date of the board of directors resolution:2017/04/26
2.Name and title of the managerial officer with permission to engage in
competitive conduct:
(1).莊中慶Tony Chuang/Executive Vice President.
(2).謝壯(方方土)Ryan Hsieh /Senior Vice President.
3.Items of competitive conduct in which the officer is permitted to engage:
King Dragon Life Insurance Co., Ltd. / Board of Director.
4.Period of permission to engage in the competitive conduct: Appointment term.
5.Circumstances of the resolution (please describe the results of the voting
under Article 32 of the Company Act): Approved by the board of directors.
6.If the permitted competitive conduct is business of a mainland China area
enterprise, the name and title of the managerial officer (if it is not
business of a mainland China area enterprise, please enter 'not applicable'
below):
(1).莊中慶Tony Chuang/Executive Vice President.
(2).謝壯(方方土)Ryan Hsieh /Senior Vice President.
7.Company name of the mainland China area enterprise and the officer's
position in the enterprise:
King Dragon Life Insurance Co., Ltd. / Board of Director.
8.Address of the mainland China area enterprise: Room 2302, 502-503 & 105,
27th Floor, Lixin Plaza, No 90 Hubin South Road, Siming District, Xiamen.
9.Business items of the mainland China area enterprise: Insurance Industry.
10.Degree of effect on the Company's finances and business: None.
11.If the managerial officer has invested in the mainland China area
enterprise, the monetary amount of the officer's investment and the
officer's shareholding ratio: N/A.
12.Any other matters that need to be specified: None.