The Banking Act of The Republic of China Article 91-1

Where an industrial bank directly invests in manufacturing businesses in the following circumstances, such bank shall obtain the consent of more than three-quarters of its directors present at a board meeting at which two-thirds of the directors are present; and its total investment amount shall not exceed five percent (5%) of the bank's net worth as of the end of the preceding fiscal year:1.The bank's major shareholder, responsible persons or their affiliates;2.The enterprises operated by the bank's major shareholder, responsible persons or their related parties in sole proprietorship or partnership;3.The enterprises whose ten percent (10%) of their issued shares or paid-in capital are held singly or collectively by the bank’s major shareholder, responsible persons or their related parties;4.The enterprises whose directors, supervisors or managers are the bank's major shareholder, responsible persons or their related parties, provided that the above shall not apply to companies whose directors, supervisors or managers are concurrent due to the bank's investment relationship.The term, "affiliate" as used in Subparagraph 1 of the preceding paragraph shall have the meaning prescribed in Articles 369-1 through 369-3, 369-9 and 369-11 of the Company Act.The term "related parties" as used in Subparagraphs 2 through 4 of Paragraph 1 shall include the spouse, blood relatives within three degree and marriage relatives within two degree of the bank's major shareholders and responsible persons.