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1 SinoPac Holdings Invest Taiwan, Kuala Lumpur by SPS, RHB & Taiwan Stock Exchange May 4 th, 2016

2 Disclaimer This presentation and the presentation materials distributed herewith may include forward-looking statements. 2015/4Q financial data are preliminary. All statements, other than statements of historical facts, that address activities, events or developments that SinoPac Financial Holdings Company ( SinoPac ) expects or anticipates will or may occur in the future (including but not limited to projections, targets, estimates and business plans) are forwardlooking statements. SinoPac s actual results or developments may differ materially from those indicated by these forward-looking statements as a result of various factors and uncertainties, including but not limited to price fluctuations, actual demand, exchange rate fluctuations, market shares, competition, changes in legal, financial and regulatory frameworks, international economic and financial market conditions, political risks, cost estimates and other risks and factors beyond its control. In addition, SinoPac makes the forward-looking statements referred to herein as of today and undertakes no obligation to update these statements. 2

3 金控整體營運摘要 (p. 2) 財務概況 (p. 3~ p. 5) - 金控 Financial Highlights (p. 3) - 銀行 Financial Highlights (p. 4) - 證券 Financial Highlights (p. 5) 金控獲利分析 (p. 6~ p. 14) - 金控子公司獲利貢獻 (p. 6) - 金控獲利 - 跨期比較 (p. 7) - 金控淨收益趨勢 (p. 8) - 銀行 NIM & Spread (p. 9) - 銀行放款結構分析 (p. 10) - 銀行存款結構分析 (p. 11) - 金控手續費收入組合 (p. 12) - 金控營業費用分析 (p. 13) - 銀行資產品質 (p. 14) 2016 金控營運展望 Agenda 1/14

4 一 金控整體營運摘要 2015/1~12 金控稅後權益報酬率 (ROAE) 8.42% 4Q 淨收益 NT$8,182Mn,QoQ 5.0%;1~12M 淨收益 NT$32,588Mn,YoY -15.3% 4Q 稅後淨利 NT$1,840Mn,QoQ -25.5%;1~12M 稅後淨利 NT$10,855Mn,YoY -16.6% 利息收益及手續費收入受外在環境影響 4Q 利息淨收益 NT$4,274Mn(52%),QoQ -1.1%;1~12M 利息淨收益 NT$17,285Mn,YoY -4.7% 4Q 手續費淨收益 NT$2,229Mn(27%),QoQ -5.5%;1~12M 手續費淨收益 NT$9,646Mn,YoY -2.4% 資產穩健經營, 放款保持動能 4Q 金控總資產規模 NT$15,875 億元,QoQ -0.6%;YoY 2.4% 銀行放款規模 NT$8,980 億元,QoQ 2.7%;YoY 9.8% Major achievements 銀行 證券 胡志明市分行 11 月 2 日正式對外營業, 為本行首家東協營業據點 榮獲 2015 台灣最佳財務規劃師 雙料大獎 : 最佳財務策劃書 最佳資產配置 榮獲 第十三屆中華民國證券暨期貨金彝獎 : 特殊貢獻 傑出金融創新 及 傑出證券人才 三項大獎 榮獲台灣證券交易所 : IPO 最佳夥伴 權證發行總檔數獎 及 ETF 流動量提供者優良貢獻獎 三項大獎, 並榮獲櫃買中心 104 年輔導推薦上 ( 興 ) 櫃家數第 1 名 榮獲證交所 104 年流通證券獎 - 承銷商 輔導發行公司申請上市掛牌累積最多案件的承銷商 2/14

5 二 金控 Financial Highlights NT$Mn; Mn Shares YoY 2015/4Q 2015/3Q QoQ 股本 75,683 82,077 94, , % 101, , % 流通股數 7,568 8,208 9,471 10, % 10,168 10, % 權益 97, , , , % 131, , % 總資產 1,365,709 1,465,945 1,549,734 1,587, % 1,587,511 1,597, % Leverage 淨收益 28,171 32,977 38,497 32, % 8,182 7, % 稅後淨利 9,624 10,791 13,017 10, % 1,840 2, % EPS( 元 ) 每股淨值 ( 元 ) ROAA 0.72% 0.75% 0.85% 0.69% -0.16% 0.46% 0.62% -0.16% ROAE 10.26% 10.41% 11.25% 8.42% -2.83% 5.61% 7.68% -2.07% CAR 121% 105% 120% 128% 9% 128% 125% 3% DLR 110% 111% 106% 108% 2% 108% 108% 0% 3/14

6 銀行 Financial Highlights NT$Mn YoY 2015/4Q 2015/3Q QoQ 股本 53,862 59,616 66,375 74, % 74,464 74, % 權益 78,251 87,552 99, , % 109, , % 總資產 1,266,443 1,357,033 1,415,618 1,440, % 1,440,809 1,460, % Leverage PPOP 9,325 12,950 17,020 10, % 2,245 2, % 稅後淨利 8,348 9,603 11,383 9, % 1,427 2, % EPS( 元 ) 每股淨值 ROAA 0.68% 0.72% 0.81% 0.64% -0.17% 0.39% 0.63% -0.24% ROAE 11.23% 11.46% 12.06% 8.69% -3.37% 5.25% 8.57% -3.32% 總存款 1,038,108 1,100,916 1,129,098 1,162, % 1,162,051 1,152, % 總放款 799, , , , % 898, , % 放存比 77.0% 75.3% 72.4% 77.3% 4.9% 77.3% 75.9% 1.4% NPL Ratio 0.34% 0.37% 0.23% 0.24% 0.01% 0.24% 0.22% 0.03% 備抵覆蓋率 308% 305% 699% 570% -129% 570% 674% -104% 放款覆蓋率 1.06% 1.12% 1.63% 1.39% -0.25% 1.39% 1.46% -0.08% BIS Ratio 13.68% 12.45% 13.18% 13.49% 0.31% 13.49% 13.33% 0.16% Tier 1 Ratio 9.13% 8.99% 9.76% 10.72% 0.96% 10.72% 10.45% 0.27% Note1: loans portfolio includes credit card revolving balance and FA, excluding non-accrual loans. Note2: numbers are presented on consolidated basis. 4/14

7 證券 Financial Highlights NT$Mn YoY 2015/4Q 2015/3Q QoQ 股本 15,365 16,212 16,212 16, % 16,212 16, % 淨值 22,759 23,834 25,121 25, % 25,453 24, % 總資產 82,272 88, , , % 120, , % 資本利得 % NA 穩定性收入 4,242 4,280 5,760 5, % 1,413 1, % 稅後淨利 1,161 1,003 1,420 1, % % EPS( 元 ) 每股淨值 ( 元 ) 資本適足率 372% 351% 357% 326% -31% 326% 321% 5% ROAA 1.42% 1.16% 1.32% 1.06% -0.26% 1.91% 0.12% 1.79% ROAE 5.15% 4.32% 5.80% 5.01% -0.79% 9.03% 0.54% 8.49% Leverage 經紀業務市占率 4.99% 5.23% 5.32% 4.80% -0.52% 4.75% 4.70% 0.05% 平均融資餘額 12,514 13,897 17,250 15, % 13,026 13, % 平均融資餘額市占率 5.50% 6.23% 6.55% 6.61% 0.06% 6.70% 6.60% 0.10% Note: numbers are presented on consolidated basis. 5/14

8 三 金控各子公司獲利貢獻 0.4% 2015/4Q NT$Mn 28.7% 其他 證券 銀行 1, , , % 收益佔比 銀行證券其他長投收益合計金控淨支出金控稅後淨利 (+/-) QoQ 38% 1597% 93% 18% NA 25% 6.2% 11.4% 其他 2015/1~12M 82.4% 證券 銀行 9,145 1, ,098 10, 收益佔比 銀行證券其他長投收益合計金控淨支出金控稅後淨利 (+/-) -2, , ,162 YoY 20% 11% 2% 18% 50% 17% 註 1: 金控公司淨支出為金控本身收入扣除利息支出及營業費用註 2: :better :worse 6/14

9 金控獲利比較 8,182-5, /4Q NT$Mn , ,840 淨收益營業費用提存稅前淨利所得稅淨利 (+/-) QoQ 5% 10% 195% 26% 28% 25% 32,588-19, /1~12M ,465-1,610 10,855 淨收益營業費用提存稅前淨利所得稅淨利 (+/-) -5, ,585-2, ,162 YoY 15% 0.5% 89% 16% 14% 17% Note1: :better :worse Note 2: numbers are presented on consolidated basis. 7/14

10 金控淨收益趨勢 Quarterly NT$Mn 8,062 8,355 8,259 7,792 8,182 利息淨收益 手續費淨收益 4,521 4,411 4,278 4,322 4,274 其他 2,282 2,403 2,656 1,260 1,541 1,324 2,358 2,229 1,679 1,112 淨收益 2014/4Q 2015/1Q 2015/2Q 2015/3Q 2015/4Q Yearly 38,497 8,213 32,977 16,099 18,141 17,285 32,588 4, ,074 2,060 8,629 8,248 10,476 9,881 9, /3Q 5,656 Note: numbers are presented on consolidated basis /14

11 銀行 NIM & Spread Interest earning assets & Net interest income NIM & Spread NT$Mn Interest earning assets NII Spread NIM Loan Deposit 1,290,864 4,099 3,984 3,860 3,917 1,330,462 3, % 2.40% 2.35% 2.29% 2.25% 1.55% 1.50% 1.43% 1.42% 1.43% 1.26% 1.24% 1.18% 1.15% 1.15% 0.89% 0.91% 0.92% 0.87% 0.82% 2014/4Q 2015/1Q 2015/2Q 2015/3Q 2015/4Q 2014/4Q 2015/1Q 2015/2Q 2015/3Q 2015/4Q Note: numbers are presented on consolidated basis. 9/14

12 銀行放款結構分析 NT$Mn YTD 總放款 817, , % NT$Mn 2015 大型企業 Non- SME 435, , , , , , , , ,515 個金, 45.7% 消金, 2.7% 中小企業, 18.3% 大型企業 33.2% 中小企業 141, , ,532 24,264 25,097 24, 法金個金消金 Note1: loans portfolio includes credit card revolving balance and FA, excluding non-accrual loans. Note2: numbers are presented on consolidated basis. 10/14

13 銀行存款結構分析 Total Deposits Deposit by Currency NT$Mn 台幣活存外幣活存外幣定存台幣定存 +2.9% TWD USD RMB Others 1,100,916 1,129,098 1,162, % 2.5% 2.3% 5.6% 7.4% 5.8% 42.1% 37.1% 38.5% 18.3% 21.5% 21.3% 14.4% 17.4% 16.1% 11.9% 13.5% 13.1% 73.6% 68.7% 70.6% 31.6% 32.0% 32.3% 活存比 45.4% Note: numbers are presented on consolidated basis /14

14 金控手續費收入組合 2014/4Q 2015/1Q 2015/2Q 2015/3Q 2015/4Q 手續費合計 NT$Mn 2,282 2,403 2,656 2,358 2,229 手續費佔比 1,101 1,089 1, % 9% 6% 8% 證券外匯與其他放款信用卡 % 財富管理 財富管理信用卡放款外匯與其他證券 2015/4Q Note: numbers are presented on consolidated basis. 12/14

15 金控營業費用分析 Quarterly 58% 58% 59% 61% 64% NT$Mn 淨收益 營業費用 8,062 8,355 8,259 7,792 8,182 CI Ratio 4,666 4,827 4,893 4,735 5, /4Q 2015/1Q 2015/2Q 2015/3Q 2015/4Q Yearly 32,977 56% 38,497 51% 32,588 60% 18,501 19,576 19,671 Note: numbers are presented on consolidated basis /14

16 銀行放款資產品質 20,000 19,000 18,000 17,000 16,000 15,000 14,000 13,000 12,000 11,000 10,000 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 Reserve/ Loan Ratio - 逾放餘額備抵餘額逾放比備抵呆帳覆蓋率 % % % % % 0.23% 0.22% 0.21% 0.22% 0.24% 13,167 12,509 12,565 12,668 12,306 1,885 1,764 1,770 1,881 2, /4Q 2015/1Q 2015/2Q 2015/3Q 2015/4Q 1.63% 1.54% 1.51% 1.46% 1.39% NT$Mn 1.20% -0.80% Note 1: numbers are based on regulator s definition, excluding FA and credit card revolving balance. Note 2: numbers are presented on consolidated basis. 14/14

17 Appendix 1/13 SPH's Balance Sheet (Consolidated) - IFRS Pro Forma NT$ Mn Yearly Results Quarterly Results Q14 1Q15 2Q15 3Q15 4Q15 QoQ(%) YoY(%) Assets: Cash and cash equivalents, net 36,441 45,525 45,525 33,837 29,700 29,748 28, Due from the central bank and call loans to banks, net 61,148 90,158 90, , ,326 93,215 92, Financial assets at fair value through profit or loss 54,465 89,579 89,579 93,370 92, , , Securities purchased under agreements to resell 2,658 21,224 21,224 20,652 11,702 9,290 11, Receivables, net 151, , , , , , , Current tax assets Discounts and loans, net 808, , , , , , , Available-for-sale financial assets 63, , , , , , , Held-to-maturity financial assets 214,418 46,114 46,114 51,206 64,138 68,124 69, Investments accounted for using the equity method, net Other financial assets, net 42,100 41,871 41,871 42,609 46,144 49,996 46, Investment property, net 1,746 1,735 1,735 1,772 1,769 1,766 2, Property, plant and equipment, net 13,999 13,807 13,807 13,736 13,521 13,505 12, Intangible assets, net 3,041 2,837 2,837 2,796 2,743 2,773 2, Deferred tax assets 2,718 3,255 3,255 3,013 2,987 3,002 2, Other assets, net 9,830 14,794 14,794 16,182 14,429 16,505 17, Total Assets 1,465,945 1,549,734 1,549,734 1,562,425 1,548,816 1,597,375 1,587, Liabilities and equity Liabilities Deposits from the central bank and banks 87,589 69,606 69,606 72,179 73,396 85,905 61, Commercial paper payable, net 18,301 27,877 27,877 32,660 31,269 25,303 31, Financial liabilities at fair value through profit or loss 14,072 24,135 24,135 20,938 15,510 28,596 30, Derivative financial liabilities for hedging Securities sold under agreement to repurchase 20,099 41,761 41,761 37,842 35,331 34,227 44, Payables 34,183 35,418 35,418 33,150 39,990 42,051 30, Current tax liabilities 1,056 1,417 1,417 1, Deposit and remittances 1,086,645 1,115,170 1,115,170 1,118,897 1,121,504 1,141,166 1,149, Bonds payable 45,087 48,566 48,566 43,567 41,368 42,578 43, Short-term borrowings 10,198 11,082 11,082 19,255 13,251 15,741 13, Long-term borrowings 10,145 9,874 9,874 9,577 9,871 7,955 7, Liabilities component of preferred stocks Provisions 3,176 3,327 3,327 3,199 3,176 3,173 3, Other financial liabilities 18,125 27,299 27,299 30,033 27,630 31,442 30, Deferred tax liabilities 1,240 1,445 1,445 1,418 1,451 1,771 1, Other liabilities 7,498 7,233 7,233 9,308 7,823 7,120 7, Total liabilities 1,357,438 1,424,260 1,424,260 1,433,845 1,422,587 1,467,479 1,455, Capital stock 82,077 94,709 94,709 94, , , , Capital surplus 1,524 2,227 2,227 2,227 2,227 2,227 2, Retain earnings 22,775 26,268 26,268 29,898 21,107 23,576 25, Other equity interest 2,070 2,210 2,210 1,686 1,155 2,353 2, Total equity attributable to owners of the parent 108, , , , , , , Non-controlling interests TOTAL 1,465,945 1,549,734 1,549,734 1,562,425 1,548,816 1,597,375 1,587,511 (0.62) 2.44

18 Appendix 2/13 Balance Sheet of SPH and its subsidiaries for the 12 months ended Dec. 31, 2015 NT$Mn BSP SPS Trust Leasing Others Sum Adj. Items SPH (Consoliated) (Consolidated) (Consolidated) (Consolidated) Assets: Cash and cash equivalents, net 26,298 3, , ,662-3,496 28,166 Due from the central bank and call loans to banks, net 92, , ,898 Financial assets at fair value through profit or loss 67,364 47, , ,190 Securities purchased under agreements to resell 4,295 6, , ,121 Receivables, net 75,961 25, ,770 1, ,534-1, ,055 Current tax assets 1, ,678-1, Discounts and loans, net 874, , ,028-2, ,179 Available-for-sale financial assets 195,688 1, , , ,609 Held-to-maturity financial assets 69, , ,119 Investments accounted for using the equity method, net , , , Other financial assets, net 13,487 20, ,418 7,308 54,776-8,665 46,111 Investment property, net 1, , ,628-3,247 2,381 Property, plant and equipment, net 9,471 2, , ,964 Intangible assets, net 1, , ,703 Deferred tax assets 2, , ,847 Other assets, net 4,414 12, , ,433 Total Assets 1,440, ,355 1,647 33, ,026 1,750, ,184 1,587,511 Liabilities and equity Liabilities Deposits from the central bank and banks 61, , ,329 Commercial paper payable, net 0 10, ,281 14,916 31, ,705 Financial liabilities at fair value through profit or loss 27,097 3, , ,238 Securities sold under agreement to repurchase 5,174 39, , ,552 Payables 15,326 16, ,996-1,620 30,377 Current tax liabilities ,466 1,750-1, Deposit and remittances 1,159, ,159,332-10,311 1,149,021 Bonds payable 43, , ,428 Short-term borrowings 149 3, , ,455-2,635 13,820 Long-term borrowings ,154 1,200 9,354-1,867 7,486 Liabilities component of preferred stocks Provisions 3, , ,335 Other financial liabilities 13,806 16, , ,537 Deferred tax liabilities 1, , ,658 Other liabilities 1,820 4, , , ,917 Total liabilities 1,331,722 94, ,512 18,479 1,473,764-17,976 1,455,788 Share capital 74,464 16,212 1,420 4, , ,537-98, ,680 Capital surplus 10, ,228 13,188-10,961 2,227 Retain earnings 23,049 8, ,807 58,158-32,896 25,262 Other equity 1, ,693 4,989-2,494 2,494 Total equity attributable to owners of the parent 109,088 25,453 1,498 5, , , , ,664 Non-controlling interests TOTAL 1,440, ,355 1,647 33, ,026 1,750, ,184 1,587,511

19 Appendix 3/13 SPH's P&L (Consolidated) - IFRS NT$ Mn Yearly Results Quarterly Results YTD Results Q14 1Q15 2Q15 3Q15 4Q15 QoQ(%) YoY(%) 12M15 YoY(%) Interest revenue 26,820 30,981 7,698 7,648 7,574 7,518 7, , Interest expense 10,721 12,841 3,177 3,237 3,296 3,196 3, , Net interest Income 16,099 18,141 4,521 4,411 4,278 4,322 4, , Net revenues other than interest Commissions and fee revenues, net 8,629 9,881 2,282 2,403 2,656 2,358 2, , Gains from financial assets and liabilities at fair value through P/L 5,845 4,795 1, , Realized gains from available-for-sale financial assets Realized gain (loss) on HTM financial assets Gains on unquoted equity instruments Share of profit (loss) of associates and joint ventures accounted for using equity method NA NA -58 NA Foreign exchange gains, net 1, NA , (Impairment losses) reversal gains on assets NA 24 NA Rental revenue Other revenues, net 422 4, Total net revenues 32,977 38,497 8,062 8,355 8,259 7,792 8, , Bad debt expenses and guarantee liability provisions 1,975 4,038 2, Operating expenses 18,501 19,576 4,666 4,827 4,893 4,735 5, , Employee benefits expense 11,475 12,212 2,641 3,059 3,020 2,847 3, , Depreciation and amortization Others 6,075 6,407 1,781 1,526 1,627 1,642 1, , Bad debts and guarantee liability 20,476 23,614 6,862 4,016 4,915 5,049 6, , provisions & Operating expenses 0 Income (loss) before income tax 12,501 14,884 1,200 4,339 3,344 2,743 2, , Income tax (benefit) expense 1,711 1, NA 1, Profit (loss) 10,791 13,017 1,706 3,630 2,915 2,470 1, ,

20 Appendix 4/13 P&L of SPH and its subsidiaries for the 12 months ended Dec. 31, 2015 NT$Mn BSP SPS Trust Leasing Others Sum Adj. Items SPH (Consoliated) (Consolidated) (Consolidated) (Consolidated) Interest revenue 27,406 1, , , ,071 Interest expense 11, , ,786 Net interest Income 15, , , ,285 Net revenues other than interest Commissions and fee revenues, net 5,968 3, , ,646 Gains from financial assets and liabilities at fair value through P/L 1, , ,788 Realized gains from available-for-sale financial assets Realized gain (loss) on held-to-maturity financial assets Realized gains from unquoted equity instrument Share of profit (loss) of associates and joint ventures accounted for using equity method ,105 11,039-11, Foreign exchange gains, net , ,726 (Impairment losses) reversal gains on assets Rental revenue Other revenues, net Total net revenues 24,794 6, ,135 11,561 44,110-11,522 32,588 Bad debt expenses and guarantee liability provisions Operating expenses 14,248 4, , ,671 Employee benefits expense 8,270 3, , ,109 Depreciation and amortization Others 5,282 1, , ,580 Bad debts and guarantee liability provisions & Operating expenses 14,121 4, , ,123 Income (loss) before income tax 10,673 1,481 (7) ,129 23,543-11,078 12,465 Income tax (benefit) expense 1, (7) , ,610 Profit (loss) 9,145 1,265 (14) ,263 21,933-11,078 10,855

21 Liabilities and Equity Liabilities Deposits from the central bank and banks 87,589 69,606 69,606 72,179 73,396 85,905 61, Financial liabilities at fair value through profit or loss 11,832 21,599 21,599 18,606 12,721 26,379 27, Derivative financial liabilities for hedging Securities sold under agreement to repurchase 452 7,104 7,104 4,110 3,724 1,876 5, Payable 17,233 18,676 18,676 16,347 15,636 23,039 15, Current tax liabilities 856 1,142 1,142 1, Deposit and remittance 1,092,092 1,125,438 1,125,438 1,130,652 1,130,798 1,150,672 1,159, bank debentures 45,087 48,566 48,566 43,567 41,368 42,578 43, Short-term borrowings Other financial liabilities 7,620 16,150 16,150 17,048 15,776 15,133 13, Provisions 2,880 3,040 3,040 2,912 2,892 2,887 3, Deferred tax liabilities ,157 1, Other liabilities 2,612 3,760 3,760 3,571 3,238 2,945 1, Total liabilities 1,269,481 1,316,091 1,316,091 1,311,409 1,301,324 1,353,064 1,331, Capital stock 59,616 66,375 66,375 66,375 74,464 74,464 74, Capital surplus 10,413 10,481 10,481 10,481 10,481 10,481 10, Retain earnings 17,650 22,124 22,124 25,144 19,464 21,752 23, Other equity interest ,102 1, Total equity 87,552 99,528 99, , , , , TOTAL 1,357,033 1,415,618 1,415,618 1,413,770 1,405,982 1,460,863 1,440, Appendix 5/13 BSP's Balance Sheet (Consolidated) - IFRS NT$Mn Yearly Results Quarterly Results Q14 1Q15 2Q15 3Q15 4Q15 QoQ(%) YoY(%) Assets Cash and cash equivalents 34,215 41,312 41,312 31,899 26,107 26,288 26, Due from the central bank and call loans to banks 61,148 90,158 90, , ,326 93,215 92, Financial assets at fair value through profit or loss 25,969 48,002 48,002 46,982 42,460 58,571 67, Securities purchased under agreements to resell 0 12,894 12,894 15,189 8,578 7,498 4, Receivables, net 118, , , , , ,251 75, Current tax assets 1,290 1,190 1,190 1,182 1,192 1,288 1, Discounts and loans, net 808, , , , , , , Available-for-sale financial assets 59, , , , , , , Held-to-maturity investments 214,418 46,114 46,114 51,206 64,138 68,124 69, Investments accounted for using equity method,net Other financial assets, net 16,030 13,533 13,533 13,549 17,947 17,315 13, Investment property, net , Property, plant and equipment, net 11,002 10,873 10,873 10,827 10,583 10,563 9, Intangible assets, net 1,982 2,010 2,010 1,983 1,941 1,977 1, Deferred tax assets 2,570 2,996 2,996 2,811 2,784 2,782 2, Other assets, net 1,485 6,223 6,223 5,057 2,009 5,497 4, Total 1,357,033 1,415,618 1,415,618 1,413,770 1,405,982 1,460,863 1,440,

22 Appendix 6/13 BSP's P&L (Consolidated) - IFRS NT$ Mn Yearly Results Quarterly Results YTD Results Q14 1Q15 2Q15 3Q15 4Q15 QoQ(%) YoY(%) 12M15 YoY(%) Interest revenue 24,994 28,542 7,062 6,998 6,898 6,883 6, , Interest expense 10,120 12,053 2,963 3,015 3,038 2,966 2, , Net interest Income 14,874 16,489 4,099 3,984 3,860 3,917 3, , Net revenues other than interest Commissions and fee revenues, net 5,522 6,004 1,222 1,613 1,622 1,491 1, , Gains from financial assets and liabilities at fair value through P/L 4,133 2, , Realized gains from available-for-sale financial assets Realized gain (loss) on held-to-maturity financial assets NA Realized gains from unquoted equity instrument Share of profit (loss) of associates and joint ventures accounted for using equity method NA Foreign exchange gains, net 1, , (Impairment losses) reversal gains on assets NA Rental revenue Other revenues, net 287 4, Total net revenues 26,378 31,097 6,355 6,267 6,176 6,417 5, , Bad debt expenses and guarantee liability provisions 1,950 3,966 2, Operating expenses 13,428 14,077 3,172 3,535 3,483 3,540 3, , Employee benefits expense 8,049 8,317 1,541 2,111 2,056 2,025 2, , Depreciation and amortization Others 4,726 5,087 1,459 1,250 1,253 1,342 1, , Bad debts and guarantee liability provisions & Operating expenses 15,378 18,042 5,298 2,692 3,403 3,766 4, , Income (loss) before income tax 10,999 13,055 1,057 3,574 2,774 2,651 1, , Income tax (benefit) expense 1,397 1,672 (582) NA 1, Profit (loss) 9,603 11,383 1,639 3,021 2,409 2,288 1, ,

23 Note: SPS s numbers are based on accounting rules of securities firms Appendix 7/13 Assets: 4Q14 4Q15 Yearly Results Quarterly Results Q14 1Q15 2Q15 3Q15 4Q15 QoQ(%) YoY(%) Current assets 104, , , , , , , Cash and cash equivalents 5,761 3,256 5,761 3,703 3,707 4,148 3, Financial assets at fair value through profit or loss Securities purchased under agreements to resell 41,527 47,774 41,527 46,327 49,621 46,098 47, ,249 6,827 8,249 5,463 3,123 1,792 6, Margin loans receivable 19,758 16,223 19,758 29,391 19,641 15,005 16, Other current assets 29,624 41,013 29,624 37,049 37,990 38,504 41, Non-current assets 5,690 5,262 5,690 5,657 5,531 5,513 5, Financial assets at cost Properties and equipments, net 2,335 2,334 2,335 2,308 2,332 2,329 2, Intangible & other assets 2,496 2,259 2,496 2,484 2,474 2,496 2, Total assets 110, , , , , , , Liabilities and stockholders' equity Liabilities SPS's Balance Sheet (Consolidated)-IFRS Pro Forma Current liabilities 83,806 94,408 83, ,531 94,403 85,705 94, Liabilities for bonds with attached repurchase agreements 36,258 39,378 36,258 35,332 32,948 32,411 39, Futures traders' equity 11,179 16,786 11,179 13,015 11,884 16,338 16, Notes payable and accounts payable 11,893 10,724 11,893 15,588 17,676 14,987 10, Other current liabilities 24,477 27,519 24,477 36,596 31,895 21,969 27, Non-current liabilities 1, ,682 1, Total liabilities 85,488 94,903 85, ,008 94,858 86, , Capital stock 16,212 16,212 16,212 16,212 16,212 16,212 16, Capital surplus Retained earnings 8,581 8,829 8,581 9,007 8,239 8,273 8, Other items of equity (149) (65) (149) (113) (173) (78) (65) Total equity 25,121 25,453 25,121 25,583 24,755 24,884 25, TOTAL 110, , , , , , ,

24 Appendix 8/13 Yearly Results Quarterly Results YTD Results Q14 1Q15 2Q15 3Q15 4Q15 QoQ(%) YoY(%) 12M15 YoY(%) Net interest income 886 1, , Net fee income 2,880 3, , Gains (Losses) on sales of securities, net (268) Stock affairs agent fees Dividend income Gains (Losses) on warrant issued, net Gains (Losses) from futures transactions Gains (Losses) from options transactions Gains (Losses) from derivative instruments transactions Gains (Losses) from SBL transactions Gains (Losses) from valuation of operating securities SPS's P&L (Consolidated)-IFRS Pro Forma (127) (156) (215) (98) 16 (13) 247 (89) (2) (28) 30 (21) (7) (195) (272) 452 (23) (202) (194) (297) (716) (2) (13) (2) 7 11 (1) (119) (422) 264 (439) (343) (426) Other operating income , Non-operating income-net (9) Total net revenues 5,396 6,417 1,684 1,654 1,615 1,063 2, , Operating expenses 4,354 4,780 1,277 1,136 1,288 1,040 1, , Pre-tax income (loss) 1,042 1, , , Income tax benefit (expense) (38) (217) (135) (92) (98) 11 (37) (216) Net income (Loss) 1,003 1, , , Note: SPS s numbers are based on accounting rules of securities firms.

25 Appendix 9/13 BSP's Loan Breakdown (Consolidated) NT$Mn Yearly Results Quarterly Results Items Q14 1Q15 2Q15 3Q15 4Q15 QoQ(%) YoY(%) Corporate loans Manufacturing 189, , , , , , , Electronics Indusrty 81,554 72,343 72,343 69,204 60,769 66,543 66, Chemical products 60,664 57,535 57,535 55,731 51,787 53,453 48, Conventional industry 45,512 47,706 47,706 45,533 47,177 51,264 50, Electric fixture 1,518 2,204 2,204 2,455 2,768 3,086 2, FI & security house & insurance 19,712 20,118 20,118 23,708 26,823 23,589 27, Installment & leasing 5,030 16,822 16,822 17,063 19,084 21,486 22, Construction & real estate 49,925 38,240 38,240 38,469 40,151 43,616 43, Wholesales/retail 80,988 82,401 82,401 75,919 73,582 76,018 77, Service industry 37,657 37,703 37,703 36,902 35,710 36,652 39, State-owned company 30,938 27,693 27,693 42,670 56,441 60,920 71, Others 18,169 14,118 14,118 13,083 12,617 10,530 10, Factoring 5,777 6,367 6,367 5,291 4,061 4,674 7, Sub total 437, , , , , , , Individual loans Mortgage loans 363, , , , , , , Car loans 6,188 7,103 7,103 7,248 7,387 7,335 7, Sub total 369, , , , , , , Consumer loans Unsecured loans and others 16,703 17,635 17,635 17,089 17,420 16,945 17, Credit card 7,628 7,528 7,528 7,392 7,923 7,650 7, Sub total 24,331 25,163 25,163 24,481 25,343 24,595 24, Total 831, , , , , , , Note: Loans portfolio includes non-accrual loans.

26 Appendix 10/13 NT$Mn NPL BSP's Loan Asset Quality Yearly Results Quarterly Results YTD Results Q14 1Q15 2Q15 3Q15 4Q15 QoQ(%) YoY(%) 12M15 YoY(%) 90-days NPLs - beginning 2,673 2,991 1,754 1,885 1,764 1,770 1, , New NPL influx 4,256 1, , NPL recovery 1,677 2, , Write-offs 2, days NPLs - ending 2,991 1,885 1,885 1,764 1,770 1,881 2, , Total reserves for loans 9,126 13,167 13,167 12,509 12,565 12,668 12, , Provisions for loan loss 2,836 4,711 2, , Recovery - Loan 756 1, NPL ratio 0.37% 0.23% 0.23% 0.22% 0.21% 0.22% 0.24% 0.03% 0.01% 0.24% 0.01% Coverage ratio % % % % % % % % % % % Note: Loans portfolio includes non-accrual loans and is on a consolidated basis.

27 Appendix 11/13 BSP's Fee Breakdown (Consolidated) NT$Mn Yearly Results Quarterly Results YTD Results Q14 1Q15 2Q15 3Q15 4Q15 QoQ(%) YoY(%) 12M15 YoY(%) Wealth management 3,523 3, ,098 1,085 1, , Mutual funds 1,652 1, , Trust & custodian bank Life insurance 1,650 1, , Property insurance Loan fees Corporate loans Individual & consumer loans Factoring & A/R financing Credit card Others Import & export service Guarantees & acceptances Others Total fee income 5,522 6,004 1,222 1,613 1,622 1,491 1, ,

28 Appendix 12/13 BSP's Credit Card Business NT$Mn Yearly Results Quarterly Results YTD Results Q14 1Q15 2Q15 3Q15 4Q15 QoQ(%) YoY(%) 12M14 12M15 YoY(%) Credit card business Cards in force(thousand) 2,137 2,178 2,178 2,189 2,204 2,165 2, % -1.53% 2,178 2, % Active cards(thousand) 1,308 1,325 1,325 1,317 1,305 1,318 1, % -0.12% 1,325 1, % Account receivables 16,684 17,040 17,040 15,840 18,218 16,812 16, % -4.59% 17,040 16, % Revolving balance 5,197 4,938 4,938 4,899 4,902 5,002 5, % 1.62% 4,938 5, % Total consumption 90,042 91,371 23,963 21,289 24,209 21,642 22, % -6.98% 91,371 89, % Avg spending per card(nt$) 69,666 70,310 18,200 16,145 18,489 16,424 16, % -7.31% 70,310 67, % Asset quality NPL ratio(90-day past due) 0.32% 0.29% 0.29% 0.30% 0.45% 0.41% 0.31% -0.10% 0.02% 0.29% 0.31% 0.02% Coverage ratio % % % % % % % 81.17% % % % % Write-offs % 94.98% % Net charge off ratio -0.83% -0.86% -0.86% -0.72% -0.76% -0.72% -0.53% 0.19% 0.33% -0.86% -0.53% 0.33%

29 Appendix 13/13 US$mn Yearly Results Quarterly Results YTD Results Q14 1Q15 2Q15 3Q15 4Q15 12M14 12M15 Net income after tax Total assets 1,319 1,340 1,340 1,241 1,211 1,281 1,248 1,340 1,248 Total equity Total deposits 949 1,026 1, , Total loans Per Share Data EPS(after-tax)(US$) DuPont Analysis ROAA(after-tax) (%, annualize YTD earnings) 0.56% 0.60% 1.45% 1.49% 0.44% 0.48% 0.76% 0.60% 0.79% ROAE(after-tax) (%, annualize YTD earnings) 2.18% 2.73% 6.37% 7.13% 1.95% 2.21% 3.52% 2.73% 3.68% Loan-to-Deposit Ratio (%) 92.12% 88.82% 88.82% 93.30% % 87.53% 92.42% 88.82% 92.42% Loan to Deposit Spread (%) 3.52% 3.07% 3.16% 3.25% 3.22% 3.22% 3.30% 3.07% 3.31% NIM (%) 2.83% 2.48% 2.47% 2.64% 2.71% 2.57% 2.61% 2.48% 2.67% Cost/Income Ratio (%) 83.87% 70.95% 70.78% 79.01% 75.97% 76.75% 75.81% 70.95% 75.81% Asset Quality Ratios FENB Summary Ratios NPLs / Total loans (%) 0.15% 0.08% 0.08% 0.08% 0.07% 0.07% 0.06% 0.08% 0.06% Reserve / NPLs (%) % % % % % % % % % Write-off (US$) Leverage & Solvency Ratios BIS (%) 27.77% 22.13% 22.13% 23.64% 23.58% 23.18% 24.45% 22.13% 24.45% Tier 1 Ratio (%) 26.51% 20.86% 20.86% 22.38% 22.31% 21.91% 23.18% 20.86% 23.18%