Date of announcement 2022/05/20
Time of announcement  18:16:10
Date of events 2022/05/20
To which item it meets paragraph 51

1.Date of occurrence of the event:2022/05/20
2.Company name:China Development Financial Holding Corporation
3.Relationship to the Company (please enter ”head office” or
  ”subsidiaries”):head office
4.Reciprocal shareholding ratios:NA
5.Cause of occurrence:
(1)The fifth RSU of issuing 112,500,000 shares (par value of NT$10) at no
   consideration was became effective on August 11, 2021 by the Financial
   Supervisory Commission's reply letter No. 1100351491.
(2)The fifth RSU is planned to issue 1,100,000 shares at no consideration,
   with a par value of NT$10 per share, totaling to NTD 11,000,000 (The
   actual issuing shares shall be deducted by the shares renounced, if any,
   by the employees), and the record date for the capital increase is set
   on June 20, 2022.
(3)After the capital increase, the Company’s paid-in capital is increased
   from NTD 190,858,208,970 to NTD 190,869,208,970 with 17,193,877,300
   common shares and 1,893,043,597 preferred shares B at par value of
   NTD 10.
(4)The rights of the newly issued common shares are restricted until the
   vesting conditions met; but turn to be exactly the same as those of the
   existing issued shares when the vesting conditions are fully met.
6.Countermeasures:NA
7.Any other matters that need to be specified:None