Date of announcement 2023/07/17
Time of announcement 17:34:02
Date of events 2023/07/17
To which item it meets paragraph 11

1.Date of the board of directors resolution:NA
2.Name [issue no.__ of (secured, unsecured) corporate bonds of
___________ (company)]:China Life Insurance Co., Ltd. 1st unsecured
cumulative Subordinated Corporate Bonds issued in 2023
3.Whether to adopt shelf registration (Yes/No):No
4.Total amount issued:NT$10 billion
5.Face value per bond:NT$1 million
6.Issue price:At par value
7.Issuance period:10 years.
8.Coupon rate:The annual coupon rate is fixed at 3.75%
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:Taipei Fubon Commercial Bank Co., LTD
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: KGI Bank Co., Ltd.
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:N/A
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.