KGI Life Insurance Co., Ltd. announced Name of the previous position holder: Eric Su. Resume of the previous position holder: Acting President of KGI Life Insurance Co., Ltd. Name of the new position holder:Yu-Ling Kuo. Resume of the new position holder: Senior Executive VP of China Development Financial Holding Corporation; Chairperson of China Life Insurance Co., Ltd. Circumstances of change: new appointment.

Reason for the change: The board of directors has approved the appointment of Yu-Ling Kuo as President of the company effective after the approval is granted by the Insurance Bureau of the Financial Supervisory Commission (FSC). The duties of the President will be performed by Yu-Ling Kuo before Ms. Kuo's qualification is reviewed and approved by the Insurance Bureau of the FSC. Position (Please enter chairperson or president/general manager): President.