1.Date of the board of directors resolution:NA

2.Name 【__nth issue of (secured, unsecured) corporate bonds of ___ Co.】: Chang Hwa Bank 1st Non-Cumulative Perpetual Subordinate Financial Debentures Issue in 2020.

3.Total amount of the issue:NT$4.04 billion.

4.Face value:NT$10 million.

5.Issue price:100% face value

6.Issue period:Issue on 2020/05/27; perpetual.

7.Issue coupon/interest rate:Fixed rate at 1.4% per annum.

8.Types, names, monetary amounts of security or collateral and stipulations thereupon:N/A

9.Use of the funds raised by the offering and utilization plan:To obtain long-term and stable funding sources as well as to enhance the capital structure.

10.Underwriting method:The Commission invited counseling Sales Consultant.

11.Trustees for the bonds:N/A

12.Underwriter or distributing agent institution:N/A

13.Guarantor(s) for the issue:N/A

14.Institution serving as agent for payment of the principal and interest: Chang Hwa Bank Central Branch.

15.Certifying institution:N/A

16.Where convertible into shares, the rules for conversion:N/A

17.Conditions of the investors’put:N/A

18.Conditions of the issuer’s call:After 5 years and 1 month of issuance, if upon calculation, CHB's ratio of regulatory capital to risk-weighted assets meets the regulatory capital adequacy ratio required by the Competent Authority, with the consent of the Competent Authority, the bonds may be redeemed earlier. CHB will announce the redemption 30 days before the scheduled redemption date and redeem the bonds at face value plus interest payable.

19.The record date for share conversion, if conversion, exchange, or subscription rights are attached:N/A

20.Possible dilution of equity, if conversion, exchange, or subscription rights are attached:N/A

21.Any other matters that need to be specified:The board of directors resolution on 2019/04/26.