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Cathay Financial Holding Co., Ltd. announced changes to its Global Depositary Shares (GDS) program, effective February 1, 2023. The company will terminate its deposit agreement with The Bank of New York Mellon and appoint Citibank, N.A. as the successor depositary for its GDSs. Concurrently, Cathay Financial Holding Co., Ltd. will change its custodian bank from Mega International Commercial Bank Co., Ltd. to Citibank Taiwan Limited.
| Date | 1 Feb 2023 |
| Time | 09:42:34 |
| Category | Miscellaneous |
| ID | 5688O |
Subject: Announcement of the change of Depositary and Custodian bank for Global Depositary Shares
Date of events: 2023/02/01
Contents:
1. Date of occurrence of the event:2023/02/01
2. Company name: Cathay Financial Holding Co., Ltd
3. Relationship to the Company (please enter "head office" or "subsidiaries"): Head Office
4. Reciprocal shareholding ratios: N/A
5. Cause of occurrence: The company will change the Depositary and Custodian bank for the GDR program
6. Countermeasures: N/A
7. Any other matters that need to be specified (the information disclosure also meets the requirements of Article 7, subparagraph 9 of the Securities and Exchange Act Enforcement Rules, which brings forth a significant impact on shareholders rights or the price of the securities on public companies.):
ISIN Code:US14915V1061(144A GDSs)/US14915V2051(Reg S GDSs)
(1). Depositary: The company will terminate the deposit agreement with The Bank of New York Mellon and appoint Citibank, N.A.("Citibank") as successor depositary. The change will take effect on February 1, 2023. In conjunction with such change, the Second Amended and Restated Rule 144A Deposit Agreement and the Second Amended and Restated Regulation S Deposit Agreement will take effect on February 1, 2023. Each existing Global Depositary Receipt will be deemed amended and restated accordingly.
(2). Custodian bank: The company will change the custodian bank from Mega International Commercial Bank Co., Ltd. to Citibank Taiwan Limited.