Announcement on behalf of KGI Life Insurance of a penalty imposed by the Financial Supervisory Commission

2025-09-22
Announcements

1.Date of occurrence of the event:2025/09/22
2.The subject of the incident:report on behalf of subsidiaries:KGI Life
3.Cause of occurrence (Explanation of the event):KGI Life violated relevant provisions of the Insurance Act while
   handling insurance solicitors and correspondence offices management,
   and was fined by the Financial Supervisory Commission.
4.Handling procedure:KGI Life will implement improvements according to the requirement
   of the competent authority.
5.Status of the injunction by the respective competent authority:NTD 2.4 million and 1 correction.
6.Whether being fined or penalized:Yes
7.Administrative fines(amount):NTD 2,400,000 元
8.Anticipated possible loss or impact:NTD 2.4 million
9.Amount of insurance claims that might be obtained(amount):Not available
10.Improvement status and future countermeasures:KGI Life will implement improvements according to the requirement
    of the competent authority.
11.Whether material information regarding the same event has been previously released:None
12.Any other matters that need to be specified:None