Cathay Financial : On behalf of our subsidiary Cathay United Bank Co., Ltd., we announce BOD meeting as shareholders' meeting resolved to release directors from non-competition restrictions.

 On behalf of our subsidiary Cathay United Bank Co., Ltd.,
we announce BOD meeting as shareholders' meeting resolved
to release directors from non-competition restrictions.

1.Date of the shareholders meeting resolution:2022/08/18
2.Name and title of the director with permission to engage in competitive
  conduct:
 Andrew Ming-Jian Kuo/ Chairman
 Tzung-Han Tsai/ Vice Chairman
 Alan Lee/ Managing Director
 Chung-Yi Teng/Managing Director
 Feng-Chiang Miau/ Independent Director
 Edward Yung-Do Way/ Independent Director
 Chi-Wei Joong/ Director
 Han-Kuo Chen / Director
 Chang-Ken Lee/ Director
 Wei-Hua Chou/ Director
3.Items of competitive conduct in which the director is permitted to engage:
To engage in business that is within or similar to the business scope of
Cathay United Bank Co., Ltd.
4.Period of permission to engage in the competitive conduct: Within period
serving as director of Cathay United Bank Co., Ltd.
5.Circumstances of the resolution (please describe the results of voting in
accordance with Article 209 of the Company Act): Approved by the board of
directors without the attendance of the interested directors.
6.If the permitted competitive conduct belongs to the operator of a mainland
China area enterprise, the name and title of the directors
(if it is not the operator of a Mainland-area enterprise, please enter
"N/A" below):
1. Andrew Ming-Jian Kuo/ Chairman
2. Chi-Wei Joong/Director
7.Company name of the mainland China area enterprise and the director's
position in the enterprise:
1. Huali Industrial Group Company Limited / Independent Director
2. Moderntimes (China) Co., Ltd./Legal Representative
8.Address of the mainland China area enterprise:
1. Floor 1, Factory Building 3, No.2, Shiji 1st Road, Torch Development
 District, Zhongshan, Guangdong Province
2. Rm. E513, 5F., No. 48, Weihai Road, Huangpu District, Shanghai
9.Operations of the mainland China area enterprise:
1. Engaged in the research, development, design and production of
 various sole, shoe material and footwear product
2.Investment consulting, business information consulting, management
consulting, market information consulting, financial consulting, marketing
planning, computer software technology consulting, technology services,
technology transfer, computer system integration and software/ hardware
development.
10.Impact on the company's finance and business:None
11.If the directors have invested in the mainland China area enterprise,
the monetary amount of the investment and their shareholding ratio:
Not applicable
12.Any other matters that need to be specified:None