Taishin Financial: FHC, on behalf of International Bank (“TSB”), hereby announces that International Bank has been fined by FSC.

Provided by: Taishin Financial Holding Co., Ltd.

SEQ_NO

2

Announcement date

2022/01/05

Announcement time

18:58:10

Topic

 Taishin FHC, on behalf of Taishin International
Bank ("TSB"), hereby announces that Taishin
International Bank was fined by the FSC.

Date of events

2022/01/05

What element he answers

paragraph 39

Declaration

1.Date of occurrence of the event:2022/01/05
2.Circumstances of the violation:the fact that, in addition to commissions
and expenses set out in the contract, TSB has been collecting money in the
 name of other expense items from certain insurers which violates Article
49, subparagraph 12 of the Regulations Governing Insurance Agents.
3.Monetary amount of fines:NTD3,000,000
4.Status of the injunction by the respective competent authority:Subject to
Article 167-2 of the Insurance Act, TSB received a fine of NTD3,000,000,
and is required to rectify the irregularities within one month.
5.Intended improvement measures:The related measures has been formulated
and will be taken accordingly.
6.Effect on the Company��s business operations:None
7.Any other matters that need to be specified:None