Announcement of Chang Hwa Commercial Bank’s a new share issue through capitalization of earnings.

 Announcement of Chang Hwa Commercial Bank's a new
share issue through capitalization of earnings.

1.Date of the board of directors resolution:2022/03/29
2.Source of capital increase funds: Capitalization of earnings
3.Whether to adopt shelf registration (Yes, please state issuance period/No):
No
4.Total monetary value of the issuance and number of shares issued (shares
 issued not including those distributed to employees if consisting in
 capital increase from earnings or capital surplus):
NT$1,048,857,080 and 104,885,708 shares.
5.If adopting shelf registration, monetary value and number of shares
to be issued this time:N/A.
6.The remaining monetary value and shares after this issuance when
adopting shelf registration:N/A.
7.Par value per share:NT$10
8.Issue price:N/A
9.Number of shares subscribed for by or allocated to employees:None.
10.Number of shares publicly sold:N/A.
11.Ratio of shares subscribed by or allotted as stock dividends to existing
shareholders:The ratio of stock grants is 1%.
12.Handling method for fractional shares and shares unsubscripted for by
the deadline:Please refer to Article 267 of Company Act.
13.Rights and obligations of these newly issued shares:
The rights and obligations of the newly issued shares are the same as
those of existing shares.
14.Utilization of the funds from the capital increase:
Reinforce working capital, strengthen the financial structure and raise
the capital adequacy ratio.
15.Any other matters that need to be specified:
If the number of outstanding shares affected by an amendment to relevant
laws or regulations, a request by the competent authorities, or other
situations leads to change in shareholder's share distribution ratios,
the Board of Directors will be authorized to adjust the distribution terms.