2026Q1 Financial Results Cathay United Bank Financial Statement (Consolidated)

The Board of Directors and Shareholders Cathay United Bank Co., Ltd.

We have reviewed the accompanying consolidated balance sheets of Cathay United Bank Co., Ltd. (the "Bank") and its subsidiaries (collectively, the "Company") as of March 31, 2026 and 2025, and the related consolidated statements of comprehensive income, the consolidated statements of changes in equity and cash flows for the three months then ended, and the related notes to the consolidated financial statements, including material accounting policy information (collectively referred to as the "consolidated financial statements"). Management is responsible for the preparation and fair presentation of the consolidated financial statements in accordance with the Regulations Governing the Preparation of Financial Reports by Public Banks and International Accounting Standard 34 "Interim Financial Reporting" endorsed and issued into effect by the Financial Supervisory Commission of the Republic of China. Our responsibility is to express a conclusion on the consolidated financial statements based on our reviews.

We conducted our reviews in accordance with the Standards on Review Engagements of the Republic of China 2410 "Review of Interim Financial Information Performed by the Independent Auditor of the Entity". A review of consolidated financial statements consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Based on our reviews, nothing has come to our attention that caused us to believe that the accompanying consolidated financial statements do not present fairly, in all material respects, the consolidated financial position of the Company as of March 31, 2026 and 2025, and its consolidated financial performance and its consolidated cash flows for the three months ended March 31, 2026 and 2025 in accordance with the Regulations Governing the Preparation of Financial Reports by Public Banks and International Accounting Standard 34 "Interim Financial Reporting" endorsed and issued into effect by the Financial Supervisory Commission of the Republic of China.

The engagement partners on the reviews resulting in this independent auditors' review report are Chen-Hsiu Yang and Shu-Wan Lin.

Deloitte & Touche Taipei, Taiwan Republic of China

May 14, 2026

Notice to Readers

The accompanying consolidated financial statements are intended only to present the consolidated financial position, financial performance and cash flows in accordance with accounting principles and practices generally accepted in the Republic of China and not those of any other jurisdictions. The standards, procedures and practices to review such consolidated financial statements are those generally applied in the Republic of China.

For the convenience of readers, the independent auditors' review report and the accompanying consolidated financial statements have been translated into English from the original Chinese version prepared and used in the Republic of China. If there is any conflict between the English version and the original Chinese version or any difference in the interpretation of the two versions, the Chinese-language independent auditors' review report and consolidated financial statements shall prevail.

CONSOLIDATED BALANCE SHEETS

(In Thousands of New Taiwan Dollars)

March 31, 2026 December 31, 2025 March 31, 2025

The accompanying notes are an integral part of the consolidated financial statements.

(Continued)

OTHER COMPREHENSIVE INCOME (Notes 4

and 32)

Components of other comprehensive income (loss) that will not be reclassified to profit or loss, net of tax

Remeasurement of defined benefit plans Revaluation (losses) gains on investments in

equity instruments measured at fair value through other comprehensive income

Change in fair value of financial liability attributable to change in credit risk of liability

Share of other comprehensive income of associates and joint ventures accounted for using equity method (Note 17)

Income tax related to components of other comprehensive income that will not be reclassified to profit or loss (Notes 4 and 42)

Components of other comprehensive income (loss) that will be reclassified to profit or loss, net of tax Exchange differences on translating the financial

statements of foreign operations 985,971 3 674,838 2

Share of other comprehensive loss of associates and joint ventures accounted for using equity

method (Note 17) (8,396) - (10,291) -

(Losses) gains from investments in debt instruments measured at fair value through

other comprehensive income (2,379,710) (7) 1,666,831 6

Income tax related to components of other

(Continued)

EARNINGS PER SHARE (Note 43)

Basic $ 1.03 $ 0.94

The accompanying notes are an integral part of the consolidated financial statements. (Concluded)

CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY

(In Thousands of New Taiwan Dollars)

Equity Attributable to Owners of the Bank

Other Equity

Retained Earnings

Exchange Differences on Translating the Financial Statements of

Unrealized Gains (Losses) on Financial Assets at Fair Value Through Other

Change in the Fair Value of Financial Liabilities Attributable to

Gains (Losses) on

Remeasurements Gain on

Capital Stock Unappropriated Foreign Comprehensive Change in the of Defined Property Non-controlling

The accompanying notes are an integral part of the consolidated financial statements.

March 31

Net cash generated from (used in) operating activities 43,341,039 (41,033,920)

(Continued)

March 31

CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE

PERIOD 461,084,342 371,168,287

CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD $ 504,322,139 $ 329,978,858

March 31

The accompanying notes are an integral part of the consolidated financial statements. (Concluded)

1. GENERAL INFORMATION

   Cathay United Bank Co., Ltd. (the "Bank"), originally named United World Chinese Commercial Bank (UWCCB), was established in December 1974 after obtaining approval from the Ministry of Finance of the Republic of China (ROC) and officially started operations on May 20, 1975. The Bank is mainly engaged in the following operations: (1) all commercial banking operations authorized by the ROC Banking Act ("Banking Act"); (2) international banking business and related operations; (3) trust business; (4) offshore banking business; and (5) other financial operations related to the promotion of investments by overseas Chinese. The Bank's registered office and main business location is at No. 7, Songren Rd., Xinyi District, Taipei City, Republic of China (ROC).

   The Bank's stock was originally trading on the Taiwan Stock Exchange (TWSE) until December 18, 2002, where it was delisted after becoming a wholly-owned subsidiary of Cathay Financial Holding Co., Ltd. ("Cathay Financial Holdings") on the same date through a share swap. Under the Financial Institutions Merger Act, the Bank merged with the former Cathay Commercial Bank, a wholly-owned subsidiary of Cathay Financial Holdings on October 27, 2003, with UWCCB as the surviving entity and was renamed Cathay United Bank Co., Ltd.

   The Bank merged with Lucky Bank on January 1, 2007. The Bank was the surviving entity after this merger and Lucky Bank was the extinguished entity. In addition, the Bank acquired specific assets, liabilities, and business of China United Trust & Investment Corporation (CUTIC) on December 29, 2007.

   Cathay Financial Holdings is the Bank's ultimate parent company.

   The consolidated financial statements are presented in the Bank's functional currency, the New Taiwan dollar.

2. APPROVAL OF FINANCIAL STATEMENTS

   The consolidated financial statements of the Bank and its subsidiaries (collectively, the "Company") were approved by the Bank's board of directors on May 14, 2026.

3. APPLICATION OF NEW, AMENDED AND REVISED STANDARDS AND INTERPRETATIONS

   1. Initial application of the amendments to the Regulations Governing the Preparation of Financial Reports by Public Banks and the International Financial Reporting Standards (IFRS), International Accounting Standards (IAS), IFRIC Interpretations (IFRIC), and SIC Interpretations (SIC) (collectively, the "IFRS Accounting Standards") endorsed and issued into effect by the Financial Supervisory Commission (FSC)

      Except for the following, the initial application of the amendments to the Regulations Governing the Preparation of Financial Reports by Public Banks and the IFRS Accounting Standards endorsed and issued into effect by the FSC did not have a material impact on the Company's accounting policies.

      Amendments to IFRS 9 and IFRS 7 "Amendments to the Classification and

      Measurement of Financial Instruments"

      1. The amendments to the application guidance of classification of financial assets

         The amendments mainly amend the requirements for the classification of financial assets, including:

         1. If a financial asset contains a contingent feature that could change the timing or amount of contractual cash flows and the contingent event itself does not relate directly to changes in basic lending risks and costs (e.g., whether the debtor achieves a contractually specified reduction in carbon emissions), the financial asset has contractual cash flows that are solely payments of principal and interest on the principal amount outstanding if, and only if,

            • In all possible scenarios (before and after the occurrence of a contingent event), the contractual cash flows are solely payments of principal and interest on the principal amount outstanding; and

            • In all possible scenarios, the contractual cash flows would not be significantly different from the contractual cash flows on a financial instrument with identical contractual terms, but without such a contingent feature.

         2. To clarify that a financial asset has non-recourse features if an entity's ultimate right to receive cash flows is contractually limited to the cash flows generated by specified assets.

         3. To clarify that the characteristics of contractually linked instruments include a prioritization of payments to the holders of financial assets using multiple contractually linked instruments (tranches) established through a waterfall payment structure, resulting in concentrations of credit risk and a disproportionate allocation of cash shortfalls from the underlying pool between the tranches.

      2. The amendments to the application guidance of derecognition of financial liabilities

         The amendments mainly stipulate that a financial liability is derecognized on the settlement date. However, when settling a financial liability in cash using an electronic payment system, the Company can choose to derecognize the financial liability before the settlement date if, and only if, the Company has initiated a payment instruction that resulted in:

         • The Company having no practical ability to withdraw, stop or cancel the payment instruction;

         • The Company having no practical ability to access the cash to be used for settlement as a result of the payment instruction; and

         • The settlement risk associated with the electronic payment system being insignificant.

   2. The IFRS Accounting Standards in issue but not yet endorsed and issued into effect by the FSC

      New, Amended and Revised Standards and Interpretations

      Effective Date

      Announced by IASB (Note 1)

      Amendments to IFRS 10 and IAS 28 "Sale or Contribution of Assets between an Investor and its Associate or Joint Venture"

      To be determined by IASB

      IFRS 18 "Presentation and Disclosure in Financial Statements" January 1, 2027 (Note 2)

      IFRS 19 "Subsidiaries without Public Accountability: Disclosures" (including the 2025 amendments to IFRS 19)

      Amendments to IAS 21 "Translation to a Hyperinflationary Presentation Currency"

      January 1, 2027

      January 1, 2027

      Note 1: Unless stated otherwise, the above IFRS Accounting Standards are effective for annual reporting periods beginning on or after their respective effective dates.

      Note 2: On September 25, 2025, the FSC announced that IFRS 18 will take effect starting from January 1, 2028. Domestic entities could elect to apply IFRS 18 for an earlier period after the endorsement of IFRS 18 by the FSC.

      IFRS 18 "Presentation and Disclosure in Financial Statements" and consequential amendments

      IFRS 18 will supersede IAS 1 "Presentation of Financial Statements". The main changes comprise:

      • To classify items of income and expenses presented in the statement of profit or loss into the operating, investing, financing, income taxes and discontinued operations categories, the Company shall assess whether it has specified main business activities of investing in particular types of assets and providing financing to customers.

      • The statement of profit or loss shall present totals and subtotals for operating profit or loss, profit or loss before financing and income taxes and profit or loss.

      • Provides guidance to enhance the requirements of aggregation and disaggregation: The Company shall identify the assets, liabilities, equity, income, expenses and cash flows that arise from individual transactions or other events and shall classify and aggregate them into groups based on shared characteristics, so as to result in the presentation in the primary financial statements of line items that have at least one similar characteristic. The Company shall disaggregate items with dissimilar characteristics in the primary financial statements and in the notes. The Company labels items as "other" only if it cannot find a more informative label.

      • Disclosures on Management-defined Performance Measures (MPMs): When in public communications outside financial statements and communicating to users of financial statements management's view of an aspect of the financial performance of the Company as a whole, the Company shall disclose related information about its MPMs in a single note to the financial statements, including the description of such measures, calculations, reconciliations to the subtotal or total specified by IFRS Accounting Standards and the income tax and non-controlling interests effects of related reconciliation items.

        In addition, the following consequential amendments have been made to IAS 7 "Statement of Cash Flows":

      • The Company shall use operating profit or loss as the starting point when presenting cash flows from operating activities under the indirect method.

      • Interest and dividends received by the Company shall be classified as investing activities, while interest and dividends paid shall be classified as financing activities. However, if, after assessment, the Company has a specific main operating activity, it shall determine how to classify dividends received, interest received and interest paid in the statement of cash flows by referring to how it classifies dividend income, interest income and interest expense in the statement of profit or loss. The total of each of these cash flows shall be classified in a single category in the statement of cash flows.

      As of the date the consolidated financial statements were authorized for issue, the Company is continuously assessing the impacts of the above amended standards and interpretations on the Company's financial position and financial performance and will disclose the relevant impact when the assessment is completed.

4. SUMMARY OF MATERIAL ACCOUNTING POLICY INFORMATION Statement of Compliance

   The consolidated financial statements have been prepared in accordance with the Regulations Governing the Preparation of Financial Reports by Public Banks and IAS 34 "Interim Financial Reporting" as endorsed and issued into effect by the FSC. Disclosure information included in the consolidated financial statements is less than the disclosure information required in a complete set of annual consolidated financial statements.

   Basis of Preparation

   The consolidated financial statements have been prepared on the historical cost basis except for financial instruments and investment properties which are measured at fair value, and net defined benefit liabilities which are measured at the present value of the defined benefit obligation less the fair value of plan assets.

   The fair value measurements, which are grouped into Levels 1 to 3 based on the degree to which the fair value measurement inputs are observable and based on the significance of the inputs to the fair value measurement in its entirety, are described as follows:

   1. Level 1 inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities;

   2. Level 2 inputs are inputs other than quoted prices included within Level 1 that are observable for an asset or liability, either directly (i.e., as prices) or indirectly (i.e., derived from prices); and

   3. Level 3 inputs are unobservable inputs for an asset or liability.

      Basis of Consolidation

      1. Principles for preparing the consolidated financial statements

         The consolidated financial statements incorporate the financial statements of the Bank and the entities controlled by the Bank (Indovina Bank, CUBC Bank and CUBCN Bank).

         The accounting policies used by subsidiaries are the same as those used by the Bank.

         All intercompany transactions, balances, income and expenses are eliminated in full upon consolidation. Total comprehensive income of subsidiaries is attributed to the owners of the Bank and to the non-controlling interests even if this results in the non-controlling interests having a deficit balance.

         Changes in the Company's ownership interests in subsidiaries that do not result in the Company losing control over the subsidiaries are accounted for as equity transactions. The carrying amounts of the interests of the Company and the non-controlling interests are adjusted to reflect the changes in their relative interests in the subsidiaries. Any difference between the amount by which the non-controlling interests are adjusted and the fair value of the consideration paid or received is recognized directly in equity and attributed to the owners of the Bank.

         In addition to the subsidiaries' accounts, the consolidated financial statements include the accounts of the head office, all branches, and OBU. All interbranch and interbank transactions and account balances have been eliminated for consolidation purposes.

      2. Entities included in the consolidated financial statements

      See Note 16 for detailed information on subsidiaries (including percentages of ownership and main businesses).

      Other material accounting policies

      Except for the following, please refer to the consolidated financial statements for the year ended December 31, 2025.

      1. Derecognition of financial liabilities

         Financial liabilities are derecognized on the settlement date, which is the date on which the liability is extinguished because the Company's obligations are discharged, cancelled or have expired, or the liability is substantially modified or exchanged for a debt instrument with substantially different terms. The difference between the carrying amount of the financial liability derecognized and the consideration paid, including any non-cash assets transferred or liabilities assumed, is recognized in profit or loss.

      2. Retirement benefits

         Pension cost for an interim period is calculated on a year-to-date basis by using the actuarially determined pension cost rate at the end of the prior financial year, adjusted for significant market fluctuations since that time and for significant plan amendments, settlements, or other significant one-off events.

      3. Other long-term employee benefits

         Other long-term employee benefits are accounted for in the same way as the accounting required for defined benefit plans except that remeasurement is recognized in profit or loss.

      4. Income tax expense

      Income tax expense represents the sum of the tax currently payable and deferred tax. Interim period income taxes are assessed on an annual basis and calculated by applying to an interim period's pre-tax income the tax rate that would be applicable to expected total annual earnings.

5. MATERIAL ACCOUNTING JUDGMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

   In the application of the Company's accounting policies, the Company's management is required to make judgments, estimations and assumptions on the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered relevant. Actual results may differ from these estimates.

   When developing material accounting estimates, the Company considers the possible impact of inflation and interest rate fluctuations on cash flow projections, discount rates and other relevant material estimates. The estimates and underlying assumptions are reviewed on an ongoing basis.

   Assessment of Impairment of Loans

   The assessment of impairment of loans is based on the value of the collateral, amount of principal and interest due, and the length of the overdue period. Changes in credit ratings on individual assets and the status of the collection are also considered during classification of the loans. The Company uses judgment in making these assumptions and in selecting the inputs to the impairment calculation, based on the Company's historical experience, existing market conditions as well as forward-looking estimates at the end of each reporting period. The inputs include probability of default and expected loss rates. For details of the key assumptions and inputs used, refer to Note 50.

6. CASH AND CASH EQUIVALENTS

   	March 31, 2026	December 31, 2025	March 31, 2025
   Cash on hand	$ 26,306,883	$ 23,482,321	$ 24,484,433
   Checks for clearance	1,882,048	1,874,355	1,628,124
   Due from banks	101,202,606	116,127,338	90,220,976
   	129,391,537	141,484,014	116,333,533
   Less: Allowance for impairment loss	(159,605)	(190,646)	(140,362)
   	$ 129,231,932	$ 141,293,368	$ 116,193,171

   Due from banks includes time deposits that mature within 12 months from the date of acquisition.

   Reconciliations of cash and cash equivalents reported in the consolidated statements of cash flows with those reported in the consolidated balance sheets as of March 31, 2026 and 2025 are shown in the consolidated statements of cash flows. Reconciliations as of December 31, 2025 are shown below:

   	December 31, 2025
   Cash and cash equivalents reported in the consolidated balance sheets	$ 141,293,368
   Due from the Central Bank and call loans to banks qualifying for cash and cash equivalents under the definition of IAS 7	284,499,824

   Securities purchased under resell agreements qualifying for cash and cash equivalents

   under the definition of IAS 7 35,291,150

   Cash and cash equivalents reported in the consolidated statements of cash flows $ 461,084,342

7. DUE FROM THE CENTRAL BANK AND CALL LOANS TO BANKS

   	March 31, 2026	December 31, 2025	March 31, 2025
   Deposit reserves - general account	$ 135,310,970	$ 131,889,259	$ 114,064,812
   Deposit reserves - foreign currency account	10,167,677	12,431,910	11,410,869
   Deposits in the Central Bank - general account	85,718,081	53,017,685	39,197,117
   Call loans and overdrafts	247,222,989	231,482,139	154,948,622
   	478,419,717	428,820,993	319,621,420
   Less: Allowance for impairment loss	(45,667)	(43,779)	(39,167)
   	$ 478,374,050	$ 428,777,214	$ 319,582,253
   The Bank

   As provided by the Central Bank of the ROC, NTD-denominated deposit reserves are determined monthly at prescribed rates on the average balances of customers' NTD-denominated deposits, and the deposit reserves-general account is subject to withdrawal restrictions.

   In addition, the foreign-currency deposit reserves are determined at prescribed rates on balances of additional foreign-currency deposits and recorded as deposit reserves - foreign currency account. These non-interest bearing reserves may be withdrawn at any time. As of March 31, 2026, December 31, 2025 and March 31, 2025, the balances of foreign-currency deposit reserves were $2,130,237 thousand, $3,643,467 thousand and $3,788,597 thousand, respectively.

   Indovina Bank

   In accordance with the relevant local laws and regulations governing credit institutions, the amounts of compulsory reserves for the State Bank of Vietnam were $1,374,095 thousand, $1,472,590 thousand and

   $1,549,397 thousand as of March 31, 2026, December 31, 2025 and March 31, 2025, respectively. CUBC Bank

   In accordance with the relevant local laws and regulations governing credit institutions, the amounts of compulsory reserves for the National Bank of Cambodia were $998,493 thousand, $949,394 thousand and

   $1,110,767 thousand as of March 31, 2026, December 31, 2025 and March 31, 2025, respectively.

   CUBCN Bank

   In accordance with the relevant local laws and regulations governing credit institutions, the amounts of compulsory reserves for the People's Bank of China were $5,664,852 thousand, $6,366,459 thousand and

   $4,962,108 thousand as of March 31, 2026, December 31, 2025 and March 31, 2025, respectively.

8. FINANCIAL INSTRUMENTS AT FAIR VALUE THROUGH PROFIT OR LOSS

   	March 31, 2026	December 31, 2025	March 31, 2025
   Financial assets mandatorily classified as at fair value through profit or loss
   Commercial paper	$ 224,463,818	$ 205,054,265	$ 115,721,151
   Financial debentures	64,276,609	48,679,322	35,055,404
   Corporate bonds	33,771,305	30,550,253	27,052,204
   Government bonds	20,821,354	23,422,669	21,498,903
   Treasury bills	13,181,376	1,274,073	-
   Negotiable certificates of deposit	3,592,664	3,188,250	-
   Stock investments	27,486	1,410,418	449,389
   Fund beneficiary certificates	-	66,202	-
   Derivative financial instruments	360,134,612	313,645,452	199,777,051
   Foreign exchange forward contracts	29,936,481	23,660,088	33,988,543
   Interest rate swap contracts	29,023,060	28,083,257	29,152,058
   Options	4,431,263	4,257,669	4,071,764
   Cross-currency swap contracts	2,085,899	2,070,155	1,435,151
   Others	1,417,884	677,463	1,050,305
   	66,894,587	58,748,632	69,697,821
   	$ 427,029,199	$ 372,394,084	$ 269,474,872
   Financial liabilities designated as at fair value through profit or loss
   Bonds $ 42,221,049		$ 41,480,624	$ 43,394,757
   Financial liabilities held for trading
   Derivative financial instruments Interest rate swap contracts	29,343,624	28,682,070	29,272,525
   Foreign exchange forward contracts	27,353,354	23,233,836	31,708,308
   Options	8,073,129	7,928,420	7,643,877
   Cross-currency swap contracts	2,421,663	2,228,781	1,504,538
   Others	1,417,874	682,387	1,055,492
   	68,609,644	62,755,494	71,184,740
   	$ 110,830,693	$ 104,236,118	$ 114,579,497

   The Company engages in derivative transactions mainly to accommodate customers' needs, and to manage its exposure positions. The financial risk management objective of the Company is to minimize risk due to changes in fair value or cash flows.

   The contract amounts (nominal amounts) of derivative transactions for accommodating customers' needs and for managing the Company's exposure positions as of March 31, 2026, December 31, 2025 and March 31, 2025 were as follows:

   (Unit: Thousands of U.S. Dollars)

   		Contract Amounts
   	March 31, 2026	December 31, 2025	March 31, 2025
   The Bank
   Foreign exchange forward contracts	$ 115,007,175	$ 107,412,084	$ 166,590,779
   Interest rate swap contracts	45,875,220	47,723,529	48,044,253
   Options	6,647,124	5,885,031	5,842,845
   Cross-currency swap contracts	4,185,343	4,376,033	4,299,415
   Equity swap contracts	1,293,000	1,197,920	963,280
   Futures	202,275	184,284	948,801
   Indovina Bank
   Foreign exchange forward contracts	315,500	221,000	216,500
   CUBCN Bank
   Interest rate swap contracts	2,144,983	2,155,474	3,559,373
   Foreign exchange forward contracts	1,941,145	2,184,524	1,887,928
   Options	6,498	1,408	4,670
   Cross-currency swap contracts	-	-	10,000

   As of March 31, 2026, December 31, 2025 and March 31, 2025, none of the financial assets at FVTPL was sold under repurchase agreements.

   Financial Liabilities Designated as at Fair Value through Profit or Loss

   In September 2014, the Bank was authorized to issue subordinated financial debentures amounting to US$990 million; as of October 8, 2014, the issued subordinated financial debentures were US$660 million (perpetual) and US$330 million (fifteen years) with a fixed interest rate of 5.10% and 4.00%, respectively, and the interest is payable annually. The Bank is authorized by the authorities to redeem the US$660 million of bonds at notional amount after 12 years.

   In March 2017, the Bank was authorized to issue unsubordinated financial debentures amounting to US$300 million (thirty years), which were subsequently issued on November 24, 2017. In addition to the redemption of bonds by the exercise of call options, the bonds are redeemable on maturity; the bonds were issued in the form of zero-coupon bonds, and the internal rate of return is 4.10%.

   The Bank converted fixed interest rates into floating interest rates with interest rate swap contracts to hedge against the fair value risk resulting from interest rate fluctuations. For the three months ended March 31, 2026 and 2025, such interest rate swap contracts were valued with a net gain of $369,737 thousand and

   $1,122,687 thousand, respectively.

9. FINANCIAL ASSETS AT FAIR VALUE THROUGH OTHER COMPREHENSIVE INCOME

   March 31, 2026		December 31, 2025	March 31, 2025
   Investments in equity instruments
   Domestic listed shares	$ 15,729,835	$ 12,959,126	$ 10,859,999
   Overseas stock investments	10,032,357	11,560,441	11,850,750
   Domestic unlisted shares	5,204,494	5,413,539	6,314,319
   Domestic emerging shares	73,531	78,479	93,048
   Investments in debt instruments	31,040,217	30,011,585	29,118,116
   Government bonds	185,794,171	170,931,591	166,161,386
   Corporate bonds	96,421,032	95,809,805	96,997,865
   Financial debentures	49,725,574	46,628,830	49,515,567
   Asset-backed securities	42,776,883	31,028,033	31,219,698
   Negotiable certificates of deposit	8,767,233	8,748,773	9,997,907
   	383,484,893	353,147,032	353,892,423
   	$ 414,525,110	$ 383,158,617	$ 383,010,539

   These investments in equity instruments are held for medium to long-term strategic purposes and expect to profit from long-term investments. Accordingly, the management elected to designate these investments in equity instruments as at FVTOCI as they believe that recognizing short-term fluctuations in these investments' fair value in profit or loss would not be consistent with the Company's strategy of holding these investments for long-term purposes.

   In consideration of its investment strategy, the Company sold its investments in equity instruments at FVTOCI with the fair value of $2,600,498 thousand and $4,649,626 thousand during the three months ended March 31, 2026 and 2025, respectively, and the related unrealized loss of $53,008 thousand and gain of $296,755 thousand were transferred from other equity to retained earnings, accordingly.

   The Company's dividends from financial assets at FVTOCI of $62,289 thousand and $83,986 thousand were recognized as income for the three months ended March 31, 2026 and 2025, respectively. Those related to investments held as of March 31, 2026 and 2025 were $19,678 thousand and $83,986 thousand, respectively, and the remaining amounts were related to investments derecognized for the three months ended March 31, 2026 and 2025.

   As of March 31, 2026, December 31, 2025 and March 31, 2025, certain financial assets at FVTOCI were sold under repurchase agreements with notional amounts of $32,195,523 thousand, $1,497,500 thousand and $10,486,282 thousand, respectively. The proceeds amounting to $26,642,172 thousand, $1,661,079 thousand and $8,623,658 thousand, respectively, were recorded as notes and bonds sold under repurchase agreements and will be/were repurchased for $26,735,240 thousand, $1,665,655 thousand and $8,696,111 thousand before the end of September 2026, June 2026 and September 2025, respectively.

   As of March 31, 2026 and December 31, 2025, none of the domestic listed shares of investments in equity instruments at FVTOCI were loaned out under security lending agreements. As of March 31, 2025, certain domestic listed shares of investments in equity instruments at FVTOCI had been loaned out under security lending agreement with the fair value of $5,300 thousand, and in accordance with the agreement, securities were returned progressively by the end of August 2025.

10. INVESTMENTS IN DEBT INSTRUMENTS AT AMORTISED COST

    	March 31, 2026	December 31, 2025	March 31, 2025
    Short-term bills	$ 441,044,074	$ 454,425,000	$ 368,726,017
    Asset-backed securities	125,851,973	106,595,453	81,789,874
    Financial debentures	62,839,371	57,165,164	87,616,419
    Government bonds	46,171,384	42,673,461	45,642,615
    Corporate bonds	28,100,561	27,744,441	29,164,224
    	704,007,363	688,603,519	612,939,149
    Less: Allowance for impairment loss	(49,836)	(120,378)	(152,153)
    	$ 703,957,527	$ 688,483,141	$ 612,786,996

    For the three months ended March 31, 2026 and 2025, due to early redemption of part of the bonds by the issuer prior to the maturity date, the Bank recognized the gain or loss arising from derecognition of financial assets measured at amortised cost amounting to loss of $701 thousand and gain of $64 thousand, respectively.

    As of March 31, 2026, December 31, 2025 and March 31, 2025, certain financial assets measured at amortised cost were sold under repurchase agreements with notional amounts of $11,479,057 thousand,

    $459,267 thousand and $16,591,000 thousand, respectively. The proceeds amounting to $7,400,689 thousand, $449,821 thousand and $10,950,947 thousand, respectively, were recorded as notes and bonds sold under repurchase agreements and will be/were repurchased for $7,422,641 thousand, $450,101 thousand and $11,058,889 thousand before the end of April 2026, January 2026 and June 2025, respectively.

    Refer to Note 45 for information relating to investments in debt instruments at amortised cost pledged as security.

11. CREDIT RISK MANAGEMENT FOR INVESTMENTS IN DEBT INSTRUMENTS

    The credit risk management of the Company's financial assets at FVTOCI and investments in debt instruments at amortised cost is described as follows:

    March 31, 2026
    	Financial Assets	Investments in Debt Instruments at
    	at FVTOCI	Amortised Cost	Total
    Gross carrying amount	$ 391,916,707	$ 704,007,363	$ 1,095,924,070
    Less: Allowance for impairment loss	(164,629)	(49,836)	(214,465)
    Adjustment to fair value	(8,267,185)	-	(8,267,185)
    	$ 383,484,893	$ 703,957,527	$ 1,087,442,420

    December 31, 2025
    	Financial Assets	Investments in Debt Instruments at
    	at FVTOCI	Amortised Cost	Total
    Gross carrying amount	$ 359,170,296	$ 688,603,519	$ 1,047,773,815
    Less: Allowance for impairment loss	(126,441)	(120,378)	(246,819)
    Adjustment to fair value	(5,896,823)	-	(5,896,823)
    	$ 353,147,032	$ 688,483,141	$ 1,041,630,173
    March 31, 2025
    	Financial Assets	Investments in Debt Instruments at
    	at FVTOCI	Amortised Cost	Total
    Gross carrying amount	$ 363,643,133	$ 612,939,149	$ 976,582,282
    Less: Allowance for impairment loss	(135,032)	(152,153)	(287,185)
    Adjustment to fair value	(9,615,678)	-	(9,615,678)
    	$ 353,892,423	$ 612,786,996	$ 966,679,419

    The Company monitors the external credit rating information and price movements of their investments in debt instruments in order to assess whether there has been a significant increase in credit risk since initial recognition.

    The Company takes into consideration the multi-period default probability table for each credit rating supplied by external rating agencies, and recovery rates of different types of bonds to assess the 12-month or lifetime expected credit losses.

    The carrying amounts of financial assets at FVTOCI and investments in debt instruments at amortised cost sorted by credit rating of the Company are as follows:

    Credit Rating Definition Basis for Recognizing ECLs Gross Carrying Amount at March 31, 2026

    Low credit risk Low credit risk at the reporting date 12-month ECLs $ 1,095,888,803

    Significant increase in credit risk

    Credit risk has increased significantly since initial recognition

    Lifetime ECLs (not -credit-impaired)

    Default Objective evidence of impairment at the reporting date

    Lifetime ECLs (credit-impaired)

    35,267

    Credit Rating Definition Basis for Recognizing ECLs Gross Carrying Amount at December 31, 2025

    Low credit risk Low credit risk at the reporting date 12-month ECLs $ 1,047,534,107

    Significant increase in credit risk

    Credit risk has increased significantly since initial recognition

    Lifetime ECLs (not credit-impaired)

    204,989

    Default Objective evidence of impairment at the reporting date

    Lifetime ECLs (credit-impaired)

    34,719

    Credit Rating Definition Basis for Recognizing ECLs Gross Carrying Amount at March 31, 2025

    Low credit risk Low credit risk at the reporting date 12-month ECLs $ 976,254,436

    Significant increase in credit risk

    Credit risk has increased significantly since initial recognition

    Lifetime ECLs (not credit-impaired)

    290,189

    Default Objective evidence of impairment at the reporting date

    Lifetime ECLs (credit-impaired)

    37,657

    The changes in allowance for impairment loss of financial assets at FVTOCI and investments in debt instruments at amortised cost sorted by credit rating of the Company are as follows:

    For the three months ended March 31, 2026		Credit Rating
    	Low Credit	Doubtful (Lifetime	In Default (Lifetime
    	Risk (12-month ECLs)	ECLs - Not Credit-impaired)	ECLs - Credit-impaired)
    Balance at the beginning of the period	$ 173,967	$ 72,852	$ -
    New debt instruments purchased	61,274	-	-
    Derecognition	(18,370)	(72,852)	-
    Effect of exchange rate changes and others	(2,406)	-	-
    Balance at the end of the period	$ 214,465	$ -	$ -
    For the three months ended March 31, 2025
    		Credit Rating
    	Low Credit	Doubtful (Lifetime	In Default (Lifetime
    	Risk (12-month ECLs)	ECLs - Not Credit-impaired)	ECLs - Credit-impaired)
    Balance at the beginning of the period	$ 161,645	$ 119,213	$ -
    New debt instruments purchased	47,269	-	-
    Derecognition	(24,709)	-	-
    Effect of exchange rate changes and others	(1,502)	(14,731)	-
    Balance at the end of the period	$ 182,703	$ 104,482	$ -

12. SECURITIES PURCHASED UNDER RESELL AGREEMENTS March 31, 2026 December 31, 2025 March 31, 2025

    Corporate bonds	$ 28,473,881	$ 23,368,480	$ 12,779,735
    Government bonds	9,503,178	8,171,333	4,253,087
    Financial debentures	4,175,982	3,754,534	2,151,231
    Foreign bonds	-	-	457,731
    	42,153,041	35,294,347	19,641,784
    Less: Allowance for impairment loss	(3,904)	(3,197)	(1,836)
    	$ 42,149,137	$ 35,291,150	$ 19,639,948

    As of March 31, 2026, December 31, 2025 and March 31, 2025, none of the securities purchased under resell agreements were sold under repurchase agreements.

13. RECEIVABLES, NET

Refer to Note 50 for the impairment loss analysis of receivables.

The changes in the gross carrying amounts of the Company's receivables were as follows: For the three months ended March 31, 2026

For the three months ended March 31, 2025

The changes in allowance for impairment loss of the Company's receivables were as follows: For the three months ended March 31, 2026

For the three months ended March 31, 2025

As of March 31, 2026, December 31, 2025 and March 31, 2025, the balances of nonaccrual loans were

$9,324,574 thousand, $7,851,208 thousand and $7,420,757 thousand, respectively. For the three months ended March 31, 2026 and 2025, the Company did not write off certain credits without completing the required legal procedures.

Refer to Note 50 for the impairment loss analysis of discounts and loans.

The changes in the gross carrying amounts of the Company's discounts and loans were as follows: For the three months ended March 31, 2026

For the three months ended March 31, 2025

The changes in allowance for impairment loss of the Company's discounts and loans were as follows: For the three months ended March 31, 2026

12-month ECLs

Lifetime ECLs (Collectively Assessed)

Lifetime ECLs (Neither Purchased Nor Originated Credit-impaired Financial Assets)

Impairment Loss under IFRS 9

Differences of Impairment Loss under

Regulations Total

For the three months ended March 31, 2025

12-month ECLs

Lifetime ECLs (Collectively Assessed)

Lifetime ECLs (Neither Purchased Nor Originated Credit-impaired Financial Assets)

Impairment Loss under IFRS 9

Differences of Impairment Loss under

Regulations Total

The changes in the Company's guarantee liability provisions, letter of credit receivable and provision of commitments were as follows:

For the three months ended March 31, 2026

For the three months ended March 31, 2025

The subsidiaries included in the consolidated financial statements are as follows:

Nature of

Proportion of Ownership (%) December 31,

Investor Subsidiary

Activities March 31, 2026

2025 March 31, 2025 Description

Note 1: CUBC Bank has completed the registration of its English name change to 'Cathay United Bank (Cambodia) PLC.' The change was approved by the Financial Supervisory Commission and the relevant local authorities, and became effective on April 1, 2025.

Note 2: As a major subsidiary, its financial statements have been reviewed. Please refer to Table 3 for the relevant investment information.

Note 3: CUBC Bank held 49% of the shares of CUBC-I. Through an agency agreement with the other shareholders, it actually controls the operations of CUBC-I and the composition of its board of directors, and obtains 100% of its economic benefits, therefore, CUBC-I is listed as a subsidiary of CUBC Bank.

1. INVESTMENTS MEASURED BY EQUITY METHOD, NET

   	March 31, 2026	December 31, 2025	March 31, 2025
   Associates that are not individually material
   Taiwan Real-estate Management Corp.	$ 108,642	$ 108,462	$ 104,421
   Taiwan Finance Corp.	1,899,583	1,874,825	1,728,268
   	$ 2,008,225	$ 1,983,287	$ 1,832,689

   Aggregate information on the Bank's associates that are not individually material is as follows:

   For the Three Months Ended

   March 31

   	2026	2025
   The Bank's share of Current net income	$ 26,100	$ 19,702
   Current other comprehensive loss	(1,162)	(7,886)

   Current comprehensive income $ 24,938 $ 11,816

   Investments measured by equity method and the Bank's share of profit and loss and other comprehensive income are calculated based on the financial statements which were not reviewed; however, management believes there is no material impact on the equity method of accounting or the calculation of the share of profit or loss and other comprehensive income from the financial statements which have not been reviewed.

2. PROPERTY AND EQUIPMENT, NET

   For the three months ended March 31, 2026

   	Land	Buildings	Equipment	Transportation Equipment	Other Equipment	Leasehold Improvements	Construction in Progress and Prepayment for Equipment	Total
   Cost
   Balance at the beginning of
   the period	$ 15,216,774	$ 9,801,410	$ 6,926,653	$ 129,945	$ 9,621,595	$ 469,407	$ 1,338,031	$ 43,503,815
   Additions	-	-	39,207	-	108,761	613	373,855	522,436
   Disposals	-	-	(128,197 )	(5,237 )	(54,648 )	-	-	(188,082 )
   Reclassification	-	-	437,004	-	138,015	1,256	(617,315 )	(41,040 )
   Exchange differences 8,789		5,702	16,410	2,147	3,952	11,745	2,439	51,184
   Balance at the end of the period 15,225,563		9,807,112	7,291,077	126,855	9,817,675	483,021	1,097,010	43,848,313

   Accumulated depreciation

   and impairment

   -	5,454,715	5,076,384	101,984	6,877,781	375,578	-	17,886,442
   -	51,156	201,382	2,034	176,380	10,270	-	441,222
   -	-	(128,191 )	(5,237 )	(53,728 )	-	-	(187,156 )
   -	3,309	13,731	1,712	3,308	9,433	-	31,493
   -	5,509,180	5,163,306	100,493	7,003,741	395,281	-	18,172,001

   Balance at the beginning of the period

   Depreciation Disposals

   Exchange differences Balance at the end of the

   period

   Net

   Balance at the end of the

   period $ 15,225,563 $ 4,297,932 $ 2,127,771 $ 26,362 $ 2,813,934 $ 87,740 $ 1,097,010 $ 25,676,312

   For the three months ended March 31, 2025

   	Land	Buildings	Equipment	Transportation Equipment	Other Equipment	Leasehold Improvements	Construction in Progress and Prepayment for Equipment	Total
   Cost
   Balance at the beginning of
   the period	$ 15,238,554	$ 9,825,700	$ 6,301,870	$ 131,374	$ 9,033,301	$ 447,227	$ 1,031,739	$ 42,009,765
   Additions	-	-	47,931	-	55,394	2,913	335,050	441,288
   Disposals	-	-	(165,140 )	(19 )	(66,033 )	-	-	(231,192 )
   Reclassification	-	-	54,402	-	105,423	-	(162,031 )	(2,206 )
   Exchange differences and
   inflation adjustment 6,503		4,342	12,389	1,594	4,048	8,047	929	37,852
   Balance at the end of the period 15,245,057		9,830,042	6,251,452	132,949	9,132,133	458,187	1,205,687	42,255,507

   Accumulated depreciation

   and impairment

   Balance at the beginning of

   the period	-	5,265,124	4,768,916	99,381	6,688,585	328,838	-	17,150,844
   Depreciation	-	51,490	156,312	2,005	151,771	10,999	-	372,577
   Disposals	-	-	(165,052 )	(19 )	(63,224 )	-	-	(228,295 )
   Exchange differences and inflation adjustment	-	2,373	10,390	1,232	2,822	6,021	-	22,838
   Balance at the end of the
   period	-	5,318,987	4,770,566	102,599	6,779,954	345,858	-	17,317,964

   Net

   Balance at the end of the

   period $ 15,245,057 $ 4,511,055 $ 1,480,886 $ 30,350 $ 2,352,179 $ 112,329 $ 1,205,687 $ 24,937,543

   Depreciation of the above-mentioned items of property and equipment is calculated on a straight-line basis over their estimated useful lives as follows:

   Buildings

   Main buildings 20 to 60 years

   Buildings renovation 5 years

   Equipment 3 to 10 years

   Transportation equipment 4 to 10 years

   Other equipment 3 to 16 years

   Leasehold improvements 5 years

   As of March 31, 2026, December 31, 2025 and March 31, 2025, no property and equipment was pledged as collateral.

3. LEASE AGREEMENTS

   1. Right-of-use assets

March 31

Except for the aforementioned addition and recognized depreciation, the Company did not have significant sublease or impairment of right-of-use assets during the three months ended March 31, 2026 and 2025.

The discount rate intervals of lease liabilities are as follows:

March 31

The Company's leases of certain assets qualify as short-term leases and low-value asset leases. The Company has elected to apply the recognition exemption and thus, did not recognize right-of-use assets and lease liabilities for these leases.

1. As of March 31, 2026, December 31, 2025 and March 31, 2025, no investment property was pledged as collateral.

2. Some of the Bank's properties are held for earning rental income or for capital appreciation, while some are for self-use. When the part held for self-use is less than 5% of the individual real estate, the real estate is classified as investment properties.

3. The fair values of the Bank's investment properties were based on the valuations carried out by qualified real estate appraisers in Taiwan in accordance with the "Regulations on Real Estate Appraisal." The valuation dates were December 31, 2025 and 2024, respectively. The appraisers had reviewed the original valuation reports issued on the aforementioned valuation dates and clarified that the valuation reports were in effect on March 31, 2026 and 2025, respectively.

   December 31

   Appraiser Office 2025 2024

   REPro Knight Frank Real Estate Appraiser Firm Xiang-Yi, Hsu;

   Xin-Ya, Wang; Ming-Yang, Wang; Hong-Xu, Wu

   Xiang-Yi, Hsu; You-Xiang, Cai

   The fair value is supported by observable evidence in the market. The main appraisal approaches applied include the income approach (such as discounted cash flow model and direct capitalization approach), comparison approach and cost approach. The significant unobservable inputs mainly include discount rates and the related adjustments, and are categorized within level 3 of the fair value hierarchy.

   1. As office buildings have market liquidity and the rentals are similar to those of comparable properties in neighboring areas, the fair values have been mainly determined using the comparison approach and the income approach.

      Net rental income is based on current market practices, assuming an annual rental increase between 0% to 1.5% to extrapolate the total income of the underlying property, excluding losses as a result of idle and other reasons and related operation costs.

      According to the ROC Real Estate Appraisers Association Gazette No. 5, the house tax is determined based on the reference tables of current house values provided by each city/county to estimate the total current house value considering the area of the subject property and related public utilities. House tax is calculated based on the tax rates in the House Tax Act and the actual payment data.

      Land value tax is calculated based on the changes in the announced land values of the underlying property in the past years and the actual payment data.

      According to the ROC Real Estate Appraisers Association Gazette No. 5, replacement allowance for significant renovation cost is calculated based on 10% of construction costs and amortised over its estimated useful life of 20 years.

      The main inputs used are as follows:

      December 31
      	2025	2024
      Direct capitalization rates	1.82%-3.74%	1.17%-3.73%
      Discount rates	3.78%	3.78%
      Operating expenses directly related to investment properties
      For the Three Months Ended March 31
      2026		2025
      Generating rental income $ -		$ -
      Not generating rental income 168		334
      $ 168		$ 334

   2. The fair values of hillside conservation zones, farmlands, scenic areas and suburban houses have been determined mainly by the income approach, comparison approach and cost method approach due to fewer market transactions in such areas as a result of legal restrictions, furthermore, no significant changes are expected in these areas that will affect the market in the near future.

1. INTANGIBLE ASSETS, NET

   For the three months ended March 31, 2026

   	Computer Software	Goodwill	Others	Total
   Cost
   Balance at the beginning of the period	$ 3,730,690	$ 7,005,396	$ 1,109	$ 10,737,195
   Additions	71,238	-	-	71,238
   Disposals	(96,357)	-	-	(96,357)
   Reclassification	181,464	-	-	181,464
   Exchange differences	16,051	5,729	-	21,780
   Balance at the end of the period	3,903,086	7,011,125	1,109	10,915,320

   (Continued)

   Computer Software Goodwill Others Total

   Accumulated amortization

   Balance at the beginning of the
   period	$ 2,195,529	$ -	$ -	$ 2,195,529
   Amortization	187,138	-	-	187,138
   Disposals	(96,357)	-	-	(96,357)
   Exchange differences	9,508	-	-	9,508
   Balance at the end of the period Net	2,295,818	-	-	2,295,818
   Balance at the end of the period	$ 1,607,268	$ 7,011,125	$ 1,109	$ 8,619,502

   (Concluded)

   For the three months ended March 31, 2025

   	Computer Software	Goodwill	Others	Total
   Cost
   Balance at the beginning of the period	$ 3,690,728	$ 7,019,592	$ 1,944	$ 10,712,264
   Additions	48,377	-	-	48,377
   Disposals	(119,850)	-	-	(119,850)
   Reclassification	186,897	-	-	186,897
   Exchange differences	13,756	4,239	-	17,995
   Balance at the end of the period	3,819,908	7,023,831	1,944	10,845,683
   Accumulated amortization
   Balance at the beginning of the period	2,270,036	-	-	2,270,036
   Amortization	173,435	-	-	173,435
   Disposals	(119,850)	-	-	(119,850)
   Exchange differences	8,750	-	-	8,750
   Balance at the end of the period	2,332,371	-	-	2,332,371
   Net
   Balance at the end of the period	$ 1,487,537	$ 7,023,831	$ 1,944	$ 8,513,312

   The Bank acquired China United Trust & Investment Corporation on December 29, 2007 and recognized goodwill amounting to $6,673,083 thousand.

   The Bank acquired 70% of the shares of CUBC Bank on December 13, 2012 and recognized goodwill amounting to US$10,570 thousand, then further acquired the remaining 30% of shares on September 16, 2013.

   During impairment testing of goodwill, the Bank treated individual business units as cash-generating units (CGUs). Goodwill resulting from the merger was allocated to the relevant CGUs. The recoverable amount was determined by the value in use of each CGU and was calculated at the present values of the cash flow forecast for the future based on the going-concern assumption. Future cash flows were estimated on the basis of present operations and will be adjusted depending on the business outlook and economic trends.

2. OTHER ASSETS, NET March 31, 2026 December 31, 2025 March 31, 2025

   Prepayments $ 3,243,684 $ 2,150,895 $ 2,637,970

   Temporary payments and suspense accounts 1,201,224 1,149,391 653,471

   Interbank clearing funds 8,736,177 6,874,725 8,866,409

   Refundable deposits, net 20,280,241 21,880,991 20,688,442

   Operating deposits 1,462,310 1,224,290 1,220,290 Others 154,759 153,652 160,162

   $ 35,078,395 $ 33,433,944 $ 34,226,744

3. DEPOSITS FROM THE CENTRAL BANK AND BANKS

   	March 31, 2026	December 31, 2025	March 31, 2025
   Call loans from the Central Bank and banks	$ 103,248,346	$ 60,580,730	$ 80,586,783
   Deposits from the Central Bank and banks	83,523,974	100,477,285	74,697,928
   Due to Chunghwa Post Co., Ltd.	17,708,805	17,708,805	17,709,405
   Bank overdrafts	372,663	24,051	219,654
   	$ 204,853,788	$ 178,790,871	$ 173,213,770

4. NOTES AND BONDS ISSUED UNDER REPURCHASE AGREEMENTS

   	March 31, 2026	December 31, 2025	March 31, 2025
   Corporate bonds	$ 13,268,508	$ -	$ -
   Government bonds	10,628,692	1,661,079	6,299,111
   Asset-backed securities	8,131,509	-	13,034,496
   Financial debentures	2,014,152	449,821	240,998
   	$ 34,042,861	$ 2,110,900	$ 19,574,605

   25.	PAYABLES
   		December 31,
   	March 31, 2026	2025	March 31, 2025
   	Payables for notes and bonds trade settlements $ 14,933,850	$ 3,290,104	$ 1,597,821
   	Interest payable 12,161,063	8,843,518	12,893,108
   	Accrued expenses 9,147,148	13,980,585	9,284,161
   	Accounts payable 2,400,279	2,326,309	2,167,730
   	Receipts under custody 1,548,658	1,198,236	730,323
   	Banker's acceptances 1,350,383	1,182,740	1,191,287
   	Others 16,176,950	16,248,199	13,454,088
   	$ 57,718,331	$ 47,069,691	$ 41,318,518
   26.	DEPOSITS AND REMITTANCES
   		December 31,
   	March 31, 2026	2025	March 31, 2025
   	Checking deposits $ 18,181,694	$ 18,565,740	$ 14,740,075
   	Demand deposits 1,028,367,895	965,851,154	859,329,944
   	Demand savings deposits 1,645,594,845	1,588,187,302	1,463,550,065
   	Time deposits 1,377,589,791	1,333,971,044	1,089,333,681
   	Time savings deposits 498,531,626	494,279,506	470,231,425
   	Negotiable certificates of deposits 28,811,612	27,156,081	38,202,369
   	Outward remittances and remittances payable 2,580,209	2,944,531	2,147,935
   	$ 4,599,657,672	$ 4,430,955,358	$ 3,937,535,494
   27.	FINANCIAL DEBENTURES PAYABLE
   		December 31,
   	March 31, 2026	2025	March 31, 2025
   	2nd issue of subordinated financial debentures in
   	2017; fixed rate at 1.85%; maturity: April 2027 $ 12,700,000	$ 12,700,000	$ 12,700,000
   1st issue of subordinated financial debentures in
   2025; fixed rate at 2.18%; maturity: June 2032 1st issue of subordinated financial debentures in		550,000	550,000	-
   2025; fixed rate at 2.30%; maturity: June 2035		5,350,000	5,350,000	-
   		$ 18,600,000	$ 18,600,000	$ 12,700,000

   28. OTHER FINANCIAL LIABILITIES
   		December 31,
   	March 31, 2026	2025	March 31, 2025
   Principal of structured products	$ 38,661,407	$ 38,666,186	$ 47,444,468
   Other financial liabilities	456,875	362,394	74,497
   	$ 39,118,282	$ 39,028,580	$ 47,518,965
   29. PROVISIONS
   		December 31,
   	March 31, 2026	2025	March 31, 2025
   Reserve for employee benefits
   Defined benefit plan Retired employees' preferential interest rate	$ 1,548,509	$ 1,664,028	$ 1,582,021
   deposits	1,190,804	1,229,576	1,129,611
   Reserve for losses on guarantees	270,391	228,127	239,314
   Reserve for finance commitments	212,500	214,214	239,751
   Other operating reserve	386,680	383,019	378,657
   Other reserve - letter of credit	2,570	4,107	1,486
   	$ 3,611,454	$ 3,723,071	$ 3,570,840
   30. RETIREMENT BENEFIT PLANS

   1. Defined contribution plan

      The Bank adopted a pension plan under the Labor Pension Act (LPA), which is a state-managed defined contribution plan. Under the LPA, the Bank makes monthly contributions equal to 6% of each employee's monthly salary to employees' pension accounts in the Bureau of Labor Insurance.

      For the three months ended March 31, 2026 and 2025, the Company recognized expenses of $178,112 thousand and $165,563 thousand in the consolidated statements of comprehensive income in accordance with the defined contribution plan, respectively.

   2. Defined benefit plan

      The defined benefit plan adopted by domestic branches of the Bank under the Labor Standards Act is operated by the government of the ROC. Pension benefits are calculated on the basis of the length of service and average monthly salaries of the 6 months before retirement. The Bank contributes a fixed proportion of total monthly salaries and wages to a pension fund administered by the pension fund monitoring committee. Pension contributions are deposited in the Bank of Taiwan in the committee's name. Before the end of each year, the Bank assesses the balance in the pension fund. If the amount of the balance in the pension fund is inadequate to pay retirement benefits for employees who conform to retirement requirements in the next year, the Bank is required to fund the difference in one appropriation that should be made before the end of March of the next year. The pension fund is managed by the Bureau of Labor Funds, Ministry of Labor (the "Bureau"); the Bank has no right to influence the investment policy and strategy.

      The Bank uses the actuarially determined pension cost rates as of December 31, 2025 and 2024, respectively. For the three months ended March 31, 2026 and 2025, pension expenses under the defined benefit plan recognized in the consolidated statements of comprehensive income amounted to $60,968 thousand and $60,075 thousand, respectively.

   3. Employee preferential interest rate deposit plan

For the three months ended March 31, 2026 and 2025, current employee preferential interest rate deposit plan expenses amounted to $36,264 thousand and $38,920 thousand, respectively; post-employment preferential interest rate deposit plan expenses amounted to $11,276 thousand and

$9,481 thousand, respectively.

The issued common stock has a par value of NT$10 per share, with each share carrying one vote and the right to receive dividends.

On April 29, 2025, the Bank's board of directors resolved on behalf of the shareholders to transfer the retained earnings of $8,107,831 thousand in the form of dividends to increase capital and issued 810,783 thousand new shares for a total authorized capital of $128,220,970 thousand. The capital increase was approved by the FSC on June 25, 2025, and the recapitalization record date was July 16, 2025. The registration was completed on September 15, 2025.

On April 28, 2026, the Bank's board of directors resolved on behalf of the shareholders to transfer the retained earnings of $9,405,184 thousand in the form of dividends to increase capital and issued 940,518 thousand new shares for a total authorized capital of $137,626,154 thousand. The capital increase will be submitted to the FSC in accordance with the relevant laws and regulations.