O-Bank Co., Ltd. announced the election of Mr. Chien, Chih-Ming as the Managing Director by the Board of Directors. Date of occurrence of the change: 12 November 2022; Elected or changed position: Institutional director; Title and name of the previous position holder: Managing Director/Yi Chang Investment Co., Ltd. Rep.: Yeh, Roy J.Y.; Resume of the previous position holder: Chairman, IBT Management Corporation; Title and name of the new position holder: Managing Director/Ming Shan Investment Co., Ltd. Rep.: Chien, Chih-Ming.; Resume of the new position holder: Director, IBT Leasing Co., Ltd.; Circumstances of change: Resignation; Reason for the change: Due to busy schedule, Mr. Yeh resigned from his seat in managing director but remains to be the director.; Effective date of the new appointment: 12 November 202212.