Act of Taiwan Financial Holding Co., Ltd. Article 12-1

Ⅰ.The government may use the national real estate that was originally held by the bank subsidiary of the Company but subsequently returned to the national treasury by means of making of gift as contribution payment for capital increase of the Company. The same shall apply to the increase of capital of the bank subsidiary contributed by the Company.Ⅱ.The provisions set out in Paragraphs 1 through 3, Article 75 of the Banking Act of The Republic of China shall not apply to the following real estate held by the bank subsidiary of the Company:1.The real estate that is acquired by the bank subsidiary as contribution to its capital in accordance with the provision of the preceding paragraph.2.The real estate that is designated or registered as cultural heritage.Ⅲ.The provisions set out in Paragraphs 1 through 3, Article 75 of the Banking Act of The Republic of China shall not apply to the improvement, new construction, demolition, reconstruction and repair of real estate mentioned in the preceding paragraph.Ⅳ.From February 1, 2018 onwards until January 31, 2022, where the government uses the national real estate as contribution payment for capital increase of the Company in accordance with Paragraph 1 herein, the restrictions provided in Article 25, Article 26, and Paragraph 1, Article 86 of the Budget Act and Article 7 and Article 66 of National Property Act shall not apply.