Date of announcement 2023/05/04
Time of announcement 16:59:16
Date of events 2023/05/04
To which item it meets paragraph 11

1.Date of the board of directors resolution:2023/05/04
2.Name [issue no.__ of (secured, unsecured) corporate bonds of
___________ (company)]:
The Long-term Subordinated Corporate Bonds of China Life
Insurance Co., Ltd of 2023.
3.Whether to adopt shelf registration (Yes/No):No
4.Total amount issued:
Maximum total amount issued is NT$10 billion (or its equivalent in a
foreign currency), which can be issued in singular or several stages
in accordance to business needs.
5.Face value per bond:
 NT$ 1 million (It depends on market conditions if the issuance is
denominated in foreign currency).
6.Issue price:At par value
7.Issuance period:No more than 15 years (inclusive 15 years).
8.Coupon rate:
To increase the flexibility of bond issuance to cope with the
drastic changes of bond market, the Chairman or the
Chairman-assigned personnel be authorized in deciding the coupon
rate depending on bond market changes.
9.Types, names, monetary values and stipulations of collaterals:N/A
10.Use of the funds raised by the offering and utilization plan:
To support business growth, enhance financial structure and increase
capital adequacy ratio.
11.Underwriting method:Public offering by underwriters.
12.Trustees of the corporate bonds:
 The Chairman or the Chairman-assigned personnel be authorized to
decide.
13.Underwriter or agent:
KGI Securities Co., Ltd. is the lead securities underwriter.
14.Guarantor(s) for the issuance:N/A
15.Agent for payment of the principal and interest:
The Chairman or the Chairman-assigned personnel be authorized to decide.
16.Certifying institution:N/A
17.Where convertible into shares, the rules for conversion:N/A
18.Sell-back conditions:N/A
19.Buyback conditions:
The Chairman or the Chairman-assigned personnel be authorized to
decide.
20.Reference date for any additional share exchange, stock swap, or
subscription:N/A
21.Possible dilution of equity in case of any additional share exchange,
stock swap, or subscription:N/A
22.Any other matters that need to be specified:
China Life will apply the bonds to be OTC trading at the Taipei
Exchange.