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1 SinoPac Holdings Non-deal Roadshow by Credit Suisse

2 Disclaimer This presentation and the presentation materials distributed herewith may include forward-looking statements. 2012/4Q 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. 1

3 Agenda 2012/4Q Overall Performance (p.2 ~ p.3) SinoPac Holdings (p.4 ~ p.9) Bank SinoPac (p.10 ~ p.24) SinoPac Securities (p.25 ~ p.30) Recent Cross-strait Developments (p.31) Share Subscription Agreement between BSP and ICBC (p.32 ~ p.39) P.01

4 SPH Operating Report 1/2 2012/4Q Overview Previous economic uncertainties remain an overhang but overall outlook more optimistic: European Central Bank has boosted market confidence by promoting OMT; CDS and bond yield have declined in PIIGS countries. US presidential election has concluded smoothly and risks associated with the pending fiscal cliff are temporarily eased. China s National Congress transition is completed and with domestic demand rebounding, overall economy has recovered CEPD s monitoring indicator has improved from 10 consecutive recession status to caution. TAIEX declined slightly by 0.2% while turnover fell 4.3% SPH overall operating outcome SPH booked net income after tax of NT$9,543Mn in 2012 (BSP and SPS contributed NT$8,220Mn and NT$1,210Mn respectively), YoY growth of 211% P.02

5 Performance and achievements SPH Operating Report 2/2 Bank SinoPac Expanding community banking business opportunities and promoting cash management service Focused on SME businesses, prompted stable loan growth Captured business opportunities associated with new market and new currency; aggressively expanded cross-strait lending and wealth management business SinoPac Securities Ranked 1 st in accumulated brokerage and margin trading market share growth; SPS was the only brokerage with YoY market share growth amongst top 5 brokerages Ranked 2 nd in overall underwriting deals, monetary amount and fees earned. Amongst top 5 brokerages, SPS is the only one that saw YoY underwriting fee growth Ranked 2nd in number of rights issued Awards Bank- Awarded by Taiwan Academy of Banking and Finance for its outstanding performance in international development and business innovation Securities- Awarded by TWSE for being the best market maker and ranked 2 nd in number of rights issued P.03

6 SPH Financial Highlights 2012/4Q 1/6 NT$Mn; Mn Shares 2011/4Q 2012/1Q 2012/2Q 2012/3Q 2012/4Q QoQ YoY Share Capital 73,112 73,112 75,423 75,454 75, % 3.5% Average shares outstanding 7,311 7,311 7,311 7,543 7, % 3.2% Total assets 1,299,962 1,296,051 1,323,880 1,329,583 1,357, % 4.4% Total equity 90,089 92,794 93,975 96,591 98, % 9.5% Net income -1,053 2,704 2,156 2,583 2,100-19% NA ROAE -4.64% 11.77% 9.19% 10.79% 8.57% -2.2% 13.2% EPS(NT$) BVPS(NT$) P.04

7 SPH Financial Highlights 2012/1~12M 2/6 NT$Mn; Mn Shares 2011/1~12M 2012/1~12M +/- YoY Share Capital 73,112 75,683 2, % Average shares outstanding 7,311 7, % Total assets 1,299,962 1,357,062 57, % Total equity 90,089 98,676 8, % Net income 3,069 9,543 6, % ROAE 3.42% 10.06% 6.6% 6.6% EPS(NT$) BVPS(NT$) P.05

8 SPH Leverage & Solvency Ratio 3/6 CAR (%) 126% 125% 123% 127% 121% 100% Regulatory requirement DLR (%) 2011/4Q 2012/1Q 2012/2Q 2012/3Q 2012/4Q 125% Regulatory requirement 109% 109% 109% 110% 110% 2011/4Q 2012/1Q 2012/2Q 2012/3Q 2012/4Q 1 CAR = Holdings net eligible capital / Holdings statutory requirement capital 2 DLR = Long-term investment / Equity P.06

9 Profit Contribution by Subsidiaries 2012/4Q (QoQ) 4/6 2012/4Q 1,890 2,093 2, /3Q BSP SPS Other subsidiaries 2,343 LT In. income Others SPH net income 2,688 2, BSP SPS Other subsidiaries LT In. income Others SPH net income (+/-) QoQ 19% 43% 36% 22% 106% 19% 1 Others = Holdings interest and operating expenses 2 :Better :Worse P.07

10 Profit Contribution by Subsidiaries 2012/1~12M (YoY) 5/6 2012/1~12M 8,220 9,839 9,543 NT$Mn 1, /1~12M BSP SPS Other subsidiaries -296 LT In. income Others SPH net income 2, ,307 3,069 BSP SPS Other subsidiaries -238 LT In. income Others SPH net income (+/-) 5, , ,475 YoY 234% 186% 3% 198% 24% 211% 1 Others = Holdings interest and operating expenses 2 :Better :Worse P.08

11 Performance of Subsidiaries 2012/1~12M 6/6 Subsidiaries Avg LT Inv. 2012/1~12M LT profit 2012/1~12M ROI % of total LT Inv. Profit Contribution NT$Mn ROI Contribution BSP 72,451 8, % 69.7% 83.5% 7.9% SPS 22,770 1, % 21.9% 12.3% 1.2% Others 8, % 8.4% 4.2% 0.4% Total 103,908 9, % 100.0% 100.0% 9.5% 1 DLR=110% 2 LT investment NT$108,191Mn at 2012/12 P.09

12 BSP Financial Highlights 2012/4Q 1/15 NT$Mn 2011/4Q 2012/1Q 2012/2Q 2012/3Q 2012/4Q QoQ YoY Total equity 70,545 72,683 74,639 77,095 78, % 11.9% Total assets 1,182,128 1,190,308 1,207,194 1,213,097 1,242, % 5.1% Net income -1,149 2,023 1,964 2,343 1, % NA EPS(NT$) Total deposits 974, , , ,404 1,017, % 4.4% Total loans 719, , , , , % 5.4% L-to-D ratio 74.7% 74.2% 74.8% 75.9% 75.7% -0.2% 1.0% NPL ratio 0.47% 0.44% 0.38% 0.33% 0.30% -0.03% -0.17% Coverage ratio % % % % % 32% 126% Reserve-to-loan ratio 1.00% 1.01% 1.01% 1.00% 1.00% 0.00% 0.00% BIS Ratio 13.28% 13.04% 12.54% 13.44% 12.79% -0.65% -0.49% Tier 1 Ratio 8.93% 8.98% 8.92% 9.10% 8.86% -0.24% -0.07% ROAA -0.39% 0.69% 0.66% 0.77% 0.61% -0.16% 1.00% ROAE -6.45% 11.24% 10.63% 12.29% 9.62% -2.67% 16.07% Leverage Average of month-end balance used in calculation of ROAA, ROAE and leverage P.10

13 BSP Financial Highlights 2012/1~12M 2/15 NT$Mn 2011/1~12M 2012/1~12M +/- YoY Total equity 70,545 78,964 8, % Total assets 1,182,128 1,242,787 60, % Net income 2,464 8,220 5, % EPS(NT$) Total deposits 974,332 1,017,009 42, % Total loans 719, ,135 38, % L-to-D ratio 74.67% 75.66% 1.0% 1.0% NPL ratio 0.47% 0.30% -0.17% -0.17% Coverage ratio % % 126% 126% Reserve-to-loan ratio 1.00% 1.00% 0.00% 0.00% BIS Ratio 13.28% 12.79% -0.49% -0.49% Tier 1 Ratio 8.93% 8.86% -0.07% -0.07% ROAA 0.21% 0.68% 0.47% 0.47% ROAE 3.55% 10.94% 7.39% 7.39% Leverage P.11

14 BSP Leverage & Solvency Ratio 3/15 BIS ratio Tier1 ratio 13.44% 13.28% 13.04% 12.79% 12.54% 12.49% 11.90% 11.44% 11.58% 8.89% 8.71% 9.14% 9.06% 8.93% 8.98% 8.92% 9.10% 8.86% 2010/4Q 2011/1Q 2011/2Q 2011/3Q 2011/4Q 2012/1Q 2012/2Q 2012/3Q 2012/4Q P.12

15 BSP Balance Sheet Breakdown 2012/4Q 4/15 NT$Mn Interest earnign assets Amount % Amount % Due from central bank and other banks 74,221 6% Due to central bank and other bank 60,544 5% Forfeiting and Import/Export 19,766 2% Loans(NPL not included): Deposits: Corporates 375,732 30% NTD 835,994 67% Individuals 379,514 31% FCD 181,016 15% Loan subtotal 755,246 61% Deposit subtotal 1,017,009 82% NCD 215,680 17% Securities investment and Securities purchased under agreement to resell 70,537 6% Bonds payable 43,002 3% Factoring 13,383 1% Others 6, % Credit card 9,657 1% Total interest earning assets 1,158,490 93% Total interest bearing liabilities 1,127,375 91% Non-interest earning assets Cash 6,469 1% Accounts payable 21,735 2% Equity investment 5,416 0% Others 14,713 1% Marketable securities 15,987 1% Total non interest bearing liabilites 36,449 3% Properties 9,214 1% Others 47,210 4% Total liabilities 1,163,823 94% Total non interest earning assets 84,297 7% Interest bearing liabilites Non interest bearing liabilites Shareholders' equity 78,964 6% Total assets 1,242, % Liabilities and shareholders' equity 1,242, % P.13

16 BSP Credit Portfolio Breakdown 5/15 NT$Mn QoQ YoY Total 756, , , , , , , , , % 6.6% 16,338 15,571 16,843 17,246 18,001 16,715 17,883 17,007 17, % -4.9% Credit Card Mortgage 351, , , , , , , , , % 2.9% Retailothers 10,530 10,645 12,219 13,724 14,599 14,524 15,667 16,701 17, % 23.3% Non-SME 284, , , , , , , , , % 3.0% SME 93,178 95,323 96,928 98,279 92,590 97, , , , % 32.3% 2010/4Q 2011/1Q 2011/2Q 2011/3Q 2011/4Q 2012/1Q 2012/2Q 2012/3Q 2012/4Q 1 Corporate loan amount excludes marketable securities purchased P.14

17 BSP Credit Card Business 6/15 Go Life Card launched in 2011/08, boosting total cards in force to around 2.3Mn by 2012/12. BSP now ranks 6 th largest credit card issuer in the market. 18,001 Revolving balance 16,715 17,883 A/R 17,007 17,116 23,220 21,740 Total consumption 22,690 21,942 22,079 5,772 5,623 5,737 5,854 5, /4Q 2012/1Q 2012/2Q 2012/3Q 2012/4Q 2011/4Q 2012/1Q 2012/2Q 2012/3Q 2012/4Q Active cards Cards in force Avg spending per card (NT$) 2,178,989 2,200,443 2,219,474 2,239,314 2,247,996 17,426 16,199 17,055 16,569 16,676 1,344,938 1,341,211 1,321,724 1,320,485 1,323, /4Q 2012/1Q 2012/2Q 2012/3Q 2012/4Q 1 Average spending per card = Total consumption / Average number of active cards 2011/4Q 2012/1Q 2012/2Q 2012/3Q 2012/4Q P.15

18 BSP P&L Breakdown 2012/4Q (QoQ) 7/ /4Q NT$Mn 4,957-2, , /3Q Net profit Op exp Provision Tax Net income 6,090-2, ,343 Net profit Op exp Provision Tax Net income (+/-) -1, QoQ 18.6% 5.3% 83.3% 38.0% 19.3% :Better :Worse P.16

19 BSP P&L Breakdown 2012/1~12M (YoY) 8/ /1~12M 21,384-11,165 NT$Mn ,043 8, /1~12M Net profit Op exp Provision Tax Net income 16,049-10,716-2, ,464 Net profit Op exp Provision Tax Net income (+/-) 5, , ,756 YoY 33.2% 4.2% 63.6% 327.5% 233.6% :Better :Worse P.17

20 BSP Net Profit Breakdown 9/15 NT$Mn Net interest income Net fee income Marketable securities Derivatives Others Net profit 7,000 6,000 5,000 5,203 5,133 6,090 4,957 4,000 3,000 3,252 3,244 3,269 3,329 3,362 3,356 2,000 1, ,000-2,000 1,065 1,137 1,148 1, /4Q -1, /1Q 2012/2Q 2012/3Q 2012/4Q 1 Fee income includes life and property insurance P.18

21 BSP NIM & Spread 10/ % Spread NIM(exc.derivatives) 1.40% 1.40% 1.39% 1.44% 1.52% 1.48% 1.46% 1.45% 1.49% 1.51% 1.52% 1.49% 1.47% 1.31% 1.23% 1.06% 1.18% 1.15% 1.23% 1.22% 1.20% 1.18% 1.17% 1.17% 1.18% 1.18% 1.19% 1.19% 1.17% 1.15% 1.09% 0.93% 1.00% 2008/4Q2009/1Q2009/2Q2009/3Q2009/4Q2010/1Q2010/2Q2010/3Q2010/4Q2011/1Q2011/2Q2011/3Q2011/4Q2012/1Q2012/2Q2012/3Q2012/4Q 1 Average of day-end balance used in NIM and spread calculation P.19

22 BSP Fee Income Breakdown 11/15 NT$Mn 2012/4Q Fee income Source of FI , Insurance 31% WM 28% 363 Credit card 15% Guarantee & acceptance 2% Trust & Custodian 3% Loan 10% A/R 4% Import/Export 7% Insurance WM Credit card Loan Trust & custodian Import/Export A/R Guarantee & acceptance Fee income P.20

23 BSP Fee Income Breakdown 12/15 NT$Mn Ex. Impact from SFAS 34 Fee Income 2011/4Q /1Q 1,130 1, /2Q 1,204 1, /3Q 1,191 1, /4Q 1,178 1, % 32.62% -0.35% 36.63% Guarantees & acceptances A/R Import/Export Trust & Custodian Loan Credit card Insurance WM /4Q 2012/1Q 2012/2Q 2012/3Q 2012/4Q P.21

24 BSP Operating Expense Breakdown 13/15 Net profit Op exp CI Ratio 21,384 NT$Mn 54.82% 16, % 10, % 11,165 5,203 5,133 6,090 4,957 3,244 2,662 2,689 2,785 2,923 2, /4Q 2012/1Q 2012/2Q 2012/3Q 2012/4Q Payroll Dep. & Amort. Non-Payroll 38% 4% 33% 4% 2,662 2,689 2,785 2,923 2,768 45% 32% 32% 32% 36% 4% 4% 4% 4% 5% 51% 64% 64% 64% 59% 58% 63% 2011/4Q 2012/1Q 2012/2Q 2012/3Q 2012/4Q P.22

25 BSP Asset Quality 14/15 5,000 NPL NPL Ratio NT$Mn 0.60% 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1, % 0.44% 0.38% 0.33% 0.30% 3,398 3,211 2,833 2,473 2, /4Q 2012/1Q 2012/2Q 2012/3Q 2012/4Q 0.50% 0.40% 0.30% 0.20% 0.10% 0.00% 7,700 7,600 7,500 7,400 7,300 7,200 7,100 7,000 6,900 Reserve Coverage Ratio % % % % 7,542 7,470 7,319 7, % 7, /4Q 2012/1Q 2012/2Q 2012/3Q 2012/4Q % % % % % % % 50.00% 0.00% P.23

26 BSP(Credit Card) Asset Quality 15/15 NPL NPL Ratio NTNT$Mn 0.44% 0.42% 0.43% 0.44% 0.38% /4Q 2012/1Q 2012/2Q 2012/3Q 2012/4Q % Reserve Coverage Ratio % % % % /4Q 2012/1Q 2012/2Q 2012/3Q 2012/4Q P.24

27 SPS Financial Highlights 2012/4Q 1/6 NT$Mn 2011/4Q 2012/1Q 2012/2Q 2012/3Q 2012/4Q QoQ YoY Share capital 15,365 15,365 15,365 15,365 15, % 0.0% Total assets 53,519 46,484 56,308 57,908 55, % 3.2% Total equity 22,185 22,733 22,677 22,875 22, % 3.7% Net income % % ROAE 0.01% 10.96% 3.60% 4.34% 2.48% -1.87% 2.47% EPS (NT$) BVPS (NT$) BIS 465% 434% 462% 400% 370% -30% -95% Brokerage market share 4.73% 4.93% 4.99% 5.01% 5.02% 0.01% 0.29% Avg. margin purchase value 13,634 12,674 12,161 12,161 12, % -11.7% Margin trading market share 5.25% 5.32% 5.40% 5.61% 5.69% 0.08% 0.44% 1 Avg. Margin purchase value is a quarterly average 2 Avg. of month-end balance used in ROAE calculation P.25

28 SPS Financial Highlights 2012/12M 2/6 NT$Mn 2011/1~12M 2012/1~12M +/- YoY Share capital 15,365 15, % Total assets 53,519 55,208 1, % Total equity 22,185 22, % Net income 423 1, % ROAE 1.88% 5.32% 3.44% 3.44% EPS (NT$) BVPS (NT$) BIS 465% 370% -95% -95% Brokerage market share 4.80% 4.99% 0.18% 0.18% Avg. margin purchase value 16,925 12,514-4, % Margin trading market share 5.21% 5.50% 0.29% 0.29% P.26

29 SPS P&L Breakdown 2012/4Q 3/6 2012/4Q 1, /3Q Net profit Op exp Tax Net income 1, Net profit Op exp Tax Net income (+/-) QoQ 5.4% 11.7% 108.5% 42.7% :Better :worse P.27

30 SPS P&L Breakdown 2012/1~12M 4/6 2012/1~12M 4,619-3,334 NT$Mn -75 1,210 Net profit Op exp Tax Net income 2011/1~12M 3,532-2, Net profit Op exp Tax Net income (+/-) 1, YoY 30.8% 11.3% 34.2% 186.3% :Better :Worse P.28

31 SPS Net Profit Breakdown 2012/4Q 5/6 NT$Mn 1,800 1, Fee income Marketable securities Derivatives Investment Others Net interest income Net profit 1,534 1,012 1,065 1, /4Q 2012/1Q 2012/2Q 2012/3Q 2012/4Q 2011/4Q 2012/1Q 2012/2Q 2012/3Q 2012/4Q Avg. daily trading vol. (NT$Bn) TAIEX 7,072 7,933 7,296 7,715 7,700 P.29

32 SPS Net Profit Breakdown 2012/12M 6/6 5,000 Fee income Marketable securities Derivatives Investment Others Net interest income Net profit 4,617 手續費收入 NT$Mn 有價證券損益 4,000 3,000 2,000 1, ,000 2, ,532 2,397 1, 衍生性商品損益投資損益其他淨收益淨利息收入淨收益 2011/1~12M 2012/1~12M 2011/1~12M 2012/1~12M Avg. daily trading vol. (NT$Bn) TAIEX 7,072 7,700 P.30

33 Bank SinoPac Recent Cross-strait Developments Progress in cross-strait strategy First to set up a subsidiary in Nanjing, China and already obtained approval from FSC. Now awaiting CBRC s approval Opened Kinmen Branch First Taiwanese bank to obtain license to invest in China s interbank bond market Launched groundbreaking RMB One-day Remittance Service First Taiwanese bank to complete a syndicated case of credit facilities secured by standby letter of credit SinoPac Securities First brokerage to assist Taiwanese enterprises to issue RMB dim-sum bonds The only Taiwanese brokerage member of the Hong Kong Monetary Authority Central Money markets Unit, auctioning Dim-Sum bond on behalf of customers First brokerage to assist Taiwanese enterprises to issue RMB bonds in HK SinoPac Leasing Set up Nanjing subsidiary and 3 other branches in Xiamen, Kunshan and Dongguan SinoPac Investment Trust Joint venture with Xiamen International Trust is in the process of obtaining approval from Chinese Banking Regulatory Commission P.31

34 Share Subscription Agreement between BSP and ICBC SPH Strategic Map Five-year Plan Bigger market, bigger investment Opportunity as well as challenge; liquidity is the key Implantation Elevation Profit-sharing motivates both parties to share customers and channels Pursuit Four Visions Content Shareholders Happy customers Proud Employees Public Respect Three Focuses New Market New Currency New Channel Two Values Innovation Cooperation One Goal Most flexible and convenient financial provider in the cross-strait region» Why fight alone when it s best to find a partner P.32

35 Our Partner Industrial and Commercial Bank of China Professional and conscientious; modest and pragmatic Leading bank in market capitalization, profitability, deposit size and brand value. As of December 2012, ICBC s total asset size and net profit exceeded RMB17.5Tn and RMB238.7Bn respectively As a commercial bank, ICBC is set up to operate across different markets around the world. By end of 2012, ICBC serves around 4 million corporate clients and 300 million retail clients through its 17,000+ domestic branches, 400+ overseas subsidiaries, 1,600+ offshore correspondent banks and automated channels such as online and telephone banking Comprehensive financial products and services are provided through its subsidiaries such as: insurance business (ICBC-AXA Life), mutual fund (ICBC-Credit Suisse), investment banking (ICBC-Investment) and leasing (ICBC-Leasing) ICBC is committed to promote cross-strait financial cooperation. Through working with Taiwanese financial institutions, ICBC is able to provide Taiwanese enterprises with quality financial services. Specifically, ICBC and SPH have collaborated in many unprecedented operations such as RMB/USD One-Day Remittance Service, Dim-sum bonds issuance and other financing options for Taiwanese companies P.33

36 Past Cooperation The extent of cooperation between BSP and ICBC is unprecedented. With support from both mainland and Taiwan authorities, SPH and ICBC s on-going efforts help pioneer a new market for Taiwanese banks. Business 1st S-chips Yangzijiang Shipbuilding TDR deal Detail SPS and ICBC(i) facilitated first S-chips Yangzijing Shipbuilding TDR deal, for total amount of NTD4.5Bn, with SPS acted as the main underwriter and ICBC International offered advisory services. A new chapter in the cooperation between cross-straits and a first step into building a first-grade service in the Chinese capital market Corporate Financing Dim-sum Bond USD One-day Remittance Service RMB One-day Remittance Service China on-shore Bond Market trading Corporate responsibility BSP and Standard Bank jointly participated in ICBC Macau s USD40Mn lease-back financing for China Airlines. The practice of such cooperation allows businesses to raise more capital at a lower cost SPS(Asia) and ICBC-I underwrote RMB$300Mn Dim-sum Bond for YFY, opening new channel for corporate financing Frequent cross-strait business trading demands for high liquidity. The launch of USD One-day Remittance Service helps Taiwanese businesses lower USD remittance costs and improve money transfer efficiency In order to make RMB transactions more convenient, lower vendors USD dependency and reduce risks associated with holding USD, BSP and ICBC launched RMB One-day Remittance Service Through ICBC, BSP s Hong Kong branch participates in Chinese on-shore bond market investing in bonds issued by companies such as China Development Bank. Total amount currently invested is RMB$200Mn. With yield between 3.7%~4.45%, the investments improve bank income and gain competitive advantages when BSP absorbs RMB deposits Jointly held the exhibition, Monetary Mobility- The Evolution of Chinese Banking, demonstrating the significance of history and culture to both SPH and ICBC. In addition to indulging the public with a cultural feast, the exhibition signifies a new chapter for cross-strait cultural exchange within the financial industry. Through internally recruiting and training tour guides and volunteers for the exhibition, SPH also inspired its employees to give back to the society through cultural education Hosted seminars in Taipei, Taichung, Guangzhou and London discussing the globalization of RMB P.34

37 Synergy New Market Tap into new markets and enhance presence in existing markets Expand markets in Mainland China, USA and ASEAN countries Infrastructure support Assist communication with Chinese regulators and help satisfy local compliance; expand customer base Strategic alliance promotes cooperation Local wisdom allows for steep learning curve Visibility increases through branding Business operations smoothed by utilizing existing local network (tax, law enforcement, fire department) Capital needed to enter new markets obtained New Currency RMB Promote SPH s RMB business in China, Taiwan, Hong Kong, America and ASEAN countries Cross-strait settlement/tmu products and corporate financing/cash management Mutual unds (RQFII)/ Formosa bonds/ Dim-sum bonds/ T-share RMB settlement in Singapore Chinese remittance instruction service New Channel Acquire customers; promote products Obtain ICBC s Taiwanese clients in Mainland Obtain ICBC s mainland clients coming to Taiwan Help FENB gain cross-pacific trade finance businesses Expand investment banking business throughout greater China Offer commercial bank products (loans, syndications, credit cards etc) Promote investment bank products (IPO, M&A, Dim-sum bonds, Formosa bonds, T-share and structured financial products such as ABS, PGN, ELN etc) Wealth/ asset management (mutual funds, pension funds, ETF) Leasing business/ venture capital ICBC s investment in SPH implies profit-sharing, motivating both parties to use each others channels and gain customer base P.35

38 Recent Regulatory Breakthrough Regulatory breakthrough was achieved during the 3 rd meeting of Cross-strait Banking Supervisory Cooperation Platform, which took place on April 1st, 2013 Based on the statement released by Taiwan s Financial Supervisory Commission, with regards to China s Bank investing in Taiwan market: Chinese bank can invest up to 10% in Taiwanese listed banks or financial holdings companies (15% including QDII) Chinese bank can invest up to 20% in a financial holdings subsidiary bank Can choose to invest either in a financial holdings company or its subsidiary bank Chinese bank may invest 20% in Bank SinoPac P.36

39 Agreement Structure BOD passes Share Subscription Agreement; confirms transaction commitments and fundamental structure PRC investment lifted to 20% or more PRC investment NOT lifted to 20% or more 12 months Holdings only Holdings/ subsidiary bank Bank only Extension agreement reached Extension agreement not reached / Termination of Share Subscription Agreement Transaction A Select A or B Transaction B P.37

40 Pricing Base price Calculated based on Net Asset Value per share set forth in target entity s semi-annual financial report as of June 30 th, 2012 Calculation based on 2012/6 FS: Total equity: NT$74.64Bn Shares outstanding: 5.39Bn Net asset value per share: NT$13.86 (base price) New share issuance: 1.35Bn Total price: NT$18.66Bn Post deal share capital:nt$67.33bn After Price Adjustment Price adjustment 1 : 1.Post DD of most recent financial publications (annual/semi-annual report) 2.Adjustment for distributions made by SPH to its shareholders Final Subscription Price Final subscription price = Base price + Price Adjustment Calculation (approx.) based on 2012/12 FS: Total equity: NT$78.96Bn Shares outstanding: 5.39Bn Net asset value per share: NT$14.66 (base price) New share issuance: 1.35Bn Total price: NT$19.74Bn Post deal share capital: NT$67.33Bn 1 The impact of the distribution of cash dividends or stock dividends made by SPH on its net asset value per share will not be double counted. P.38

41 Transaction Structure Once relative regulations on 20% investment in BSP are in effect ICBC submits application to invest in BSP Submit Applications DD & Price Adjustment Regulatory Approval BSP submits application for private placement Regulatory Approval; Base Date for Transaction BOD Sets Final Subscription Price Transaction P.39

42 Appendix Appendix

43 Appendix SinoPac Holdings Summary Ratios Per Share Data Yearly Results Quarterly Results Q11 1Q12 2Q12 3Q12 4Q12 每股盈餘 ( 稅後 ) EPS(after-tax)(NT$) 每股淨值 BVPS(NT$) 加權在外流通股數 Weighted average shares outstanding (million share) 7,311 7,546 7,311 7,311 7,311 7,543 7,546 DuPont Analysis 合併資產報酬率 ( 稅後 ) ROAA(after-tax) 0.24% 0.72% -0.33% 0.84% 0.66% 0.77% 0.62% 股東權益報酬率 ( 稅後 ) ROAE(after-tax) 3.42% 10.06% -4.64% 11.77% 9.19% 10.79% 8.57% Leverage & Solvency Ratios 雙重槓桿比率 Double Leverage Ratio 109% 110% 109% 109% 109% 110% 110% 資本適足率 CAR % % % % % % % 本益比 Price-Earning Ratio 計算 ROAA ROAE 之分母係採各月底餘額平均並予年化 EPS 則不年化 P.41

44 Appendix Per Share Data Per Share Data Yearly Results Quarterly Results Q11 1Q12 2Q12 3Q12 4Q12 每股盈餘 ( 稅後 ) EPS(after-tax)(NT$) DuPont Analysis DuPont Analysis 資產報酬率 ( 稅後 ) ROAA(after-tax) 0.21% 0.68% -0.39% 0.69% 0.66% 0.77% 0.61% 股東權益報酬率 ( 稅後 ) ROAE(after-tax) 3.55% 10.94% -6.45% 11.24% 10.63% 12.29% 9.62% Growth Ratios Growth Ratios 利息淨收益成長率 NII growth 3.72% 5.81% 1.94% 0.51% 1.84% 0.99% -0.16% 手續費淨收益成長率 Fee growth % 3.91% % 14.15% 7.93% 1.87% 0.89% 淨收益成長率 Net profit growth -3.15% 33.24% % 60.39% -1.34% 18.64% % 總放款成長率 Loan growth 3.41% 5.38% -0.04% 0.88% 2.00% 1.50% 0.90% 總存款成長率 Deposit growth 6.01% 4.38% 1.05% 1.46% 1.02% -0.13% 1.97% Performance Ratios Performance Ratios 放存比 Loan-to-Deposit Ratio 74.67% 75.66% 74.67% 74.15% 74.76% 75.89% 75.66% 利差 Spread 1.48% 1.49% 1.51% 1.52% 1.52% 1.49% 1.47% 淨利差 NIM 1.18% 1.17% 1.18% 1.19% 1.19% 1.17% 1.15% 費用比 Cost/Income Ratio (%) 65.87% 51.18% 81.43% 50.65% 53.23% 46.98% 54.82% Asset Quality Ratios Asset Quality Ratios 逾放比 NPLs / Total loans 0.47% 0.30% 0.47% 0.44% 0.38% 0.33% 0.30% 備抵呆帳覆蓋率 Coverage ratio % % % % % % % Leverage & Solvency Ratios Leverage & Solvency Ratios Bank SinoPac Summary Ratios 資本適足率 BIS 13.28% 12.79% 13.28% 13.04% 12.54% 13.44% 12.79% 第一類資本比率 Tier 1 Ratio 8.93% 8.86% 8.93% 8.98% 8.92% 9.10% 8.86% P.42

45 Appendix SinoPac Securities Summary Ratios 4q11 4q12 Yearly Results Quarterly Results Q11 1Q12 2Q12 3Q12 4Q12 Per Share Data Per Share Data 每股盈餘 ( 稅後 )( 元 ) EPS(after-tax)(NT$) DuPont Analysis 資產報酬率 ( 稅後 ) 股東權益報酬率 ( 稅後 ) Performance Ratios DuPont Analysis ROAA(after-tax) (%, annualize) ROAE(after-tax) (%, annualize) Performance Ratios 0.72% 2.18% 0.00% 4.70% 1.53% 1.68% 1.01% 1.88% 5.32% 0.01% 10.96% 3.60% 4.34% 2.48% 平均融資餘額 ( 百萬元 ) Avg. margin purchase value(nt$m) 16,925 12,514 13,634 12,674 12,161 12,161 12,041 經紀業務市占率 Brokerage market share (%) 4.80% 4.99% 4.73% 4.93% 4.99% 5.01% 5.02% 費用比 Cost/Income Ratio (%) 69.69% 82.26% 77.78% 85.69% 73.84% 77.73% 92.82% Leverage & Solvency Leverage & Solvency Ratios Ratios 資本適足率 BIS 465% 370% 465% 434% 462% 400% 370% P.43

46 Appendix FENB Summary Ratios US$mn US$mn Yearly Results Quarterly Results Q11 1Q12 2Q12 3Q12 4Q12 稅後淨利 Net income after tax 總資產 Total assets 1,398 1,133 1,398 1, ,133 淨值 Total equity 總存款 Total deposits 1, , 總放款 Total loans Per Share Data Per Share Data 每股盈餘 ( 稅後 ) EPS(after-tax)(US$) DuPont Analysis DuPont Analysis 資產報酬率 ( 稅後 ) ROAA(after-tax) (%, annualize YTD earnings) -4.65% 2.17% -3.53% 0.10% 0.69% 7.67% 0.45% 股東權益報酬率 ( 稅後 ) ROAE(after-tax) (%, annualize YTD earnings) % 8.85% % 0.46% 2.87% 30.50% 1.63% 放存比 Loan-to-Deposit Ratio (%) 62.13% 80.17% 62.13% 76.10% 80.78% 80.87% 80.17% 利差 Loan to Deposit Spread (%) 3.88% 3.87% 4.37% 3.92% 3.70% 3.99% 3.87% 淨利差 NIM (%) 2.60% 3.25% 3.30% 3.22% 3.19% 3.34% 3.28% 費用比 Cost/Income Ratio (%) % 83.53% % 94.55% 79.33% 82.30% 78.91% Asset Quality Ratios Asset Quality Ratios 逾放比 NPLs / Total loans (%) 8.33% 2.20% 8.33% 6.36% 6.21% 2.82% 2.20% 備抵呆帳覆蓋率 Reserve / NPLs (%) % % % % % % % 當期打銷呆帳 Write-off (US$) Leverage & Solvency RatiosLeverage & Solvency Ratios 資本適足率 BIS (%) 21.43% 32.45% 21.43% 24.86% 26.91% 31.42% 32.45% 第一類資本比率 Tier 1 Ratio (%) 20.12% 31.18% 20.12% 23.53% 25.57% 30.15% 31.18% P.44

47 Appendix Balance Sheet of SPH and its subsidiaries for the 12 months ended Dec. 31, 2012 NT$Mn 銀行合併 證券合併 投信 租賃合併 其他項目 合計 調整項目 金控合併 BSP SPS Trust Leasing Others Sum Adj. Items SPH 資產 Assets: 現金及約當現金 Cash and Cash equivalents 19,132 5,265 1, ,258 27,695-2,636 25,059 存放央行及銀行同業 Due from the central bank and other banks 87, , ,672 公平價值變動列入損益之金融資產 Financial Assets at fair value through profit or loss 27,681 29, , ,874 附賣回票券及債券投資 Securities purchased under agreements to resell 236 3, , ,754 應收款項 - 淨額 Receivables, net 62,354 14, ,598 2,145 83,431-2,965 80,466 貼現及放款 - 淨額 Discounts and loans, net 770, , ,900-4, ,373 備供出售金融資產 - 淨額 Available-for-sale financial assets, net 55, , ,039 持有至到期日金融資產 - 淨額 Held-to-maturity investments, net 219, , ,844 採權益法之股權投資 Equity investment - equity method , , , 其他金融資產 - 淨額 Other financial assets, net 5,533 17, ,864 1,671 32,164-1,205 30,958 固定資產 - 淨額 Properties, net 9,419 2, , ,738-2,693 12,044 其他資產 Other assets 8,404 1, , , ,900 資產總計 Total Assets 1,266,373 73,709 1,723 23, ,843 1,479, ,181 1,357,062 負債及股東權益 Liabilities and stockholders' equity 負債 Liabilities 央行及金融同業存款 Call Loans and due to banks 70, , ,454 應付商業本票 - 淨額 Commercial paper payable, net 0 5, ,998 5,438 12, ,875 公平價值變動列入損益之金融負債 Financial liabilities at fair value through profit or loss 8,672 1, , ,087 附買回票券及債券負債 Securities sold under agreement to repurchase 1,201 21, , ,609 應付款項 Payable 22,734 7, ,781 32,158-2,964 29,193 存款及匯款 Deposit and Remittance 1,029, ,029,885-3,758 1,026,128 應付公司及金融債券 Bonds payable and Bank debentures 43, , ,002 短期借款 Short- term borrowings 903 1, ,058 4,699 11, ,088 長期借款 Long-term borrowings , ,297-4,176 8,120 其它金融負債 Other financial liabilities 5,977 12, , , ,471 其他負債 Other liabilities 4, , ,359 負債合計 Total liabilities 1,187,408 50, ,968 12,028 1,270,180-11,794 1,258,386 股本 Capital stock 53,862 15,365 1,534 3,371 78, ,895-77,212 75,683 資本公積 Capital surplus 10, ,802 12,662-10,860 1,802 保留盈餘 Retain earnings 13,738 7, ,951 42,723-21,923 20,799 其他權益調整 Other item on stockholders' equity 股東權益合計 Total stockholders' equity of parent company 78,964 22,999 1,657 3, , , ,387 98,676 少數股權 Minority interests 負債及股東權益總計 TOTAL 1,266,373 73,709 1,723 23, ,843 1,479, ,181 1,357,062 P.45

48 Appendix P&L of SPH and its subsidiaries for the 12 months ended Dec. 31, 2012 NT$Mn 銀行合併 證券合併 投信 租賃合併 其他項目 合計 調整項目 金控合併 BSP SPS Trust Leasing Others Sum Adj. Items SPH 利息收入 Interest revenue 23,947 1, , ,964 利息費用 Interest expense 9, , ,100 利息淨收益 Net interest Income 14,449 1, , ,864 利息以外淨收益 Net revenues other than interest 手續費淨收益 Commissions and fee revenues, net 4,565 2, , ,678 公平價值變動列入損益之 Gains from financial assets and liabilities 金融資產及負債損益 at fair value through P/L 2, , ,119 兌換損益 - 淨額 Foreign exchange gains, net 備供出售金融資產已實現利益 Realized gains from available-for-sale financial assets 以成本衡量之金融資產利益 Realized gains from unquoted equity instrument 資產減損損失 Provision for Impairment losses on assets 按權益法之投資損益 - 淨額 (Losses) income from equity investments - equity method, net ,850 9,850-9, 認購 ( 售 ) 權證發行利益 Gain on warrants issued 租金收入 Rental revenue 收回呆帳 Recovery of bad debts 其他非利息淨 ( 損 ) 益 Other revenues, net 淨收益 Total net revenues 22,161 5, ,059 38,848-10,339 28,509 呆帳費用 Provision for bad debts 營業費用 Operating expenses 12,428 4, , ,300 呆帳費用 + 營業費用 Bad debts & Operating expenses 12,392 4, , ,295 稅前利益 ( 損失 ) Income (loss) before income tax 9,769 1, ,594 21,055-9,841 11,214 所得稅費用 ( 利益 ) Income tax (benefit) expense 1, , ,670 合併總純 ( 損 ) 益 Net Income (Loss) 8,220 1, ,645 19,384-9,841 9,543 歸屬予 ; Attributable to 母公司股東 Stockholders of parent company 8,220 1, ,645 19,384-9,841 9,543 少數股權 Minority interests P.46

49 Appendix SPH's Balance Sheet (Consolidated) NT$ Mn Yearly Results Quarterly Results Q11 1Q12 2Q12 3Q12 4Q12 QoQ(%) YoY(%) 資產 Assets: 現金及約當現金 Cash and Cash equivalents 23,322 25,059 23,322 21,669 23,924 21,609 25, 存放央行及銀行同業 Due from the central bank and other banks 82,753 87,672 82,753 73,178 66,462 63,820 87, 公平價值變動列入損益之金融資產 Financial Assets at fair value through profit or loss 58,427 56,874 58,427 52,609 55,639 58,492 56, 附賣回票券及債券投資 Securities purchased under agreements to resell 8,265 3,754 8,265 3,973 8,017 3,201 3, 應收款項 - 淨額 Receivables, net 68,538 80,466 68,538 65,370 69,173 64,872 80, 貼現及放款 - 淨額 Discounts and loans, net 733, , , , , , , 備供出售金融資產 - 淨額 Available-for-sale financial assets, net 37,437 56,039 37,437 44,522 49,718 51,796 56, 持有至到期日金融資產 - 淨額 Held-to-maturity investments, net 233, , , , , , , 採權益法之股權投資 Equity investment - equity method 其他金融資產 - 淨額 Other financial assets, net 29,054 30,958 29,054 28,877 31,031 31,069 30, 固定資產 - 淨額 Properties, net 12,277 12,044 12,277 12,368 12,358 12,464 12, 其他資產 Other assets 12,788 12,900 12,788 12,760 12,692 12,216 12, 資產總計 Total Assets 1,299,962 1,357,062 1,299,962 1,296,051 1,323,880 1,329,583 1,357, 負債及股東權益 Liabilities and stockholders' equity 負債 Liabilities 央行及金融同業存款 Call Loans and due to banks 66,375 70,454 66,375 53,842 58,960 57,379 70, 應付商業本票 - 淨額 Commercial paper payable, net 9,216 12,875 9,216 10,275 12,004 15,363 12, 公平價值變動列入損益之金融負債 Financial liabilities at fair value through profit or loss 8,251 10,087 8,251 9,536 10,288 10,850 10, 附買回票券及債券負債 Securities sold under agreement to repurchase 29,849 22,609 29,849 22,080 26,919 25,502 22, 應付款項 Payable 25,068 29,193 25,068 23,513 27,855 28,642 29, 存款及匯款 Deposit and Remittance 988,752 1,026, ,752 1,000,761 1,009,629 1,006,367 1,026, 應付公司及金融債券 Bonds payable and Bank debentures 37,028 43,002 37,028 37,021 37,016 43,011 43, 短期借款 Short- term borrowings 7,409 11,088 7,409 8,826 11,501 9,812 11, 長期借款 Long-term borrowings 10,686 8,120 10,686 10,904 8,322 8,093 8, 其它金融負債 Other financial liabilities 22,366 19,471 22,366 21,337 21,795 22,353 19, 其他負債 Other liabilities 4,874 5,359 4,874 5,162 5,616 5,620 5, 負債合計 Total liabilities 1,209,873 1,258,386 1,209,873 1,203,257 1,229,905 1,232,992 1,258, 股本 Capital stock 73,112 75,683 73,112 73,112 75,423 75,454 75, 資本公積 Capital surplus 2,015 1,802 2,015 2,015 2,015 1,989 1, 保留盈餘 Retain earnings 14,557 20,799 14,557 17,261 16,116 18,699 20, 其他權益調整 Other item on stockholders' equity 股東權益合計 Total stockholders' equity of parent company 90,089 98,676 90,089 92,794 93,975 96,591 98, 少數股權 Minority interests 負債及股東權益總計 TOTAL 1,299,962 1,357,062 1,299,962 1,296,051 1,323,880 1,329,583 1,357, P.47

50 Appendix SPH's P&L (Consolidated) NT$ Mn Yearly Results Quarterly Results Q11 1Q12 2Q12 3Q12 4Q12 QoQ(%) YoY(%) 利息收入 Interest revenue 24,018 25,964 6,444 6,397 6,407 6,621 6, 利息費用 Interest expense 8,821 10,100 2,520 2,506 2,465 2,593 2, 利息淨收益 Net interest Income 15,197 15,864 3,924 3,891 3,943 4,028 4, 利息以外淨收益 Net revenues other than interest 手續費淨收益 Commissions and fee revenues, net 7,851 7,678 1,675 2,007 2,000 1,792 1, 公平價值變動列入損益之 Gains from financial assets and liabilities 金融資產及負債損益 at fair value through P/L -1,083 3, , , NA 兌換損益 - 淨額 Foreign exchange gains, net Realized gains from available-for-sale 備供出售金融資產已實現利益 financial assets Realized gains from unquoted equity 以成本衡量之金融資產利益 instrument 資產減損損失 Provision for Impairment losses on assets NA 按權益法之投資損益 - 淨額 (Losses) income from equity investments - equity method, net 認購 ( 售 ) 權證發行利益 Gain on warrants issued 1, 租金收入 Rental revenue 收回呆帳 Recovery of bad debts 其他非利息淨 ( 損 ) 益 Other revenues, net NA 淨收益 Total net revenues 24,434 28,509 5,964 7,586 6,939 7,285 6, 呆帳費用 Provision for bad debts 3, , NA 營業費用 Operating expenses 16,408 17,300 4,041 4,312 4,283 4,494 4, 用人費用 Personnel expenses 9,934 10,993 2,187 2,870 2,748 2,876 2, 折舊及攤銷費用 Depreciation and amortization 其他業務及管理費用 Others 5,689 5,474 1,657 1,243 1,330 1,412 1, 呆帳費用 + 營業費用 Bad debts & Operating expenses 19,853 17,295 6,383 4,552 4,458 3,969 4, 稅前利益 ( 損失 ) Income (loss) before income tax 4,582 11, ,034 2,481 3,316 2, NA 所得稅費用 ( 利益 ) Income tax (benefit) expense 1,513 1, 合併總純 ( 損 ) 益 Net Income (Loss) 3,069 9,543-1,053 2,704 2,156 2,583 2, NA 歸屬予 ; Attributable to 0 母公司股東 Stockholders of parent company 3,069 9,543-1,053 2,704 2,156 2,583 2, NA 少數股權 Minority interests NA NA P.48

51 Appendix BSP's Balance Sheet NT$Mn Yearly Results Quarterly Results Q11 1Q12 2Q12 3Q12 4Q12 QoQ(%) YoY(%) 資產 Assets 現金及約當現金 Cash and cash equivalents 17,790 18,634 17,790 15,992 18,452 16,650 18, 存放央行及拆借金融同業 Due from the central bank and other banks 73,672 85,616 73,672 70,326 64,015 62,446 85, 公平價值變動列入損益之金融資產 Financial assets at fair value through profit or loss 32,791 27,061 32,791 30,579 24,186 24,119 27, 附賣回票券及債券投資 Securities purchased under agreements to resell 3, ,080 1,098 4,648 1, 應收款項 - 淨額 Receivables, net 51,656 62,175 51,656 47,799 52,041 46,002 62, 貼現及放款 - 淨額 Discounts and loans, net 712, , , , , , , 備供出售金融資產 Available-for-sale financial assets 32,601 51,062 32,601 39,467 44,767 46,238 51, 持有至到期日金融資產 Held-to-maturity investments 229, , , , , , , 採權益法之股權投資 Equity investment - equity method 4,570 5,424 4,570 4,685 4,431 5,250 5, 其他金融資產 - 淨額 Other financial assets, net 8,919 9,370 8,919 8,953 9,379 9,831 9, 固定資產 - 淨額 Properties, net 9,377 9,214 9,377 9,517 9,557 9,663 9, 無形及其他資產 Intangible & other assets 5,786 6,367 5,786 5,891 6,048 5,817 6, 資產總計 Total 1,182,128 1,242,787 1,182,128 1,190,308 1,207,194 1,213,097 1,242, 負債及股東權益 Liabilities and stockholders' equity 負債 Liabilities 央行及銀行同業存款 Call loans and due to banks 66,167 69,989 66,167 53,706 58,797 57,167 69, 公平價值變動列入損益之金融負債 Financial liabilities at fair value through profit or loss 7,310 8,671 7,310 8,550 8,901 9,646 8, 附買回票券及債券負債 Securities sold under agreement to repurchase 7,072 1,202 7,072 6,607 3,280 1,653 1, 應付款項 Payable 19,093 21,735 19,093 18,833 22,177 22,320 21, 存款及匯款 Deposit and remittance 963,100 1,008, , , , ,145 1,008, 應付金融債券 Bank debentures 37,028 43,002 37,028 37,020 37,016 43,011 43, 其它金融負債 Other financial liabilities 7,847 5,978 7,847 8,403 7,809 8,347 5, 其他負債 Other liabilities 3,966 4,460 3,966 4,325 4,717 4,713 4, 負債合計 Total liabilities 1,111,583 1,163,823 1,111,583 1,117,625 1,132,555 1,136,002 1,163, 股本 Capital stock 52,574 53,862 52,574 52,574 53,862 53,862 53, 資本公積 Capital surplus 9,963 10,413 9,963 9,963 10,413 10,413 10, 保留盈餘 Retained earnings 7,242 13,738 7,242 9,265 9,505 11,848 13, 累積換算調整數 Cumulative translation adjustment NA NA 金融商品未實現損失 Unrealized losses on financial instrument 未認列為退休金成本之淨損失 Net loss not recognized as pension cost NA NA 未實現土地重估增值 Revaluation increment on land 1,736 1,736 1,736 1,736 1,736 1,736 1, 股東權益合計 Total stockholders' equity of parent company 70,545 78,964 70,545 72,683 74,639 77,095 78, 負債及股東權益總計 TOTAL 1,182,128 1,242,787 1,182,128 1,190,308 1,207,194 1,213,097 1,242, P.49

52 Appendix BSP's P&L NT$Mn Yearly Results Quarterly Results Q11 1Q12 2Q12 3Q12 4Q12 QoQ(%) YoY(%) 利息淨收益 Net interest income 12,584 13,315 3,252 3,269 3,329 3,362 3, 手續費淨收益 Net fee income 3,262 3, 公平價值變動 ( 損 ) 益 Gains (Losses) from financial assets and liabilities at fair value through profit or loss NA 備供出售及成本衡量 ( 損 ) 益 Gains (Losses) from available-for-sale financial assets and unquoted equity instruments 無活絡出售損失 Losses from non-active financial assets 兌換 & 衍生性商品利益 Foreign exchange & derivative gains, net 1,270 2, 按權益法投資損益 - 淨額 Gains (Losses) income from equity investments - equity method, net -1,558 1,612-1, NA 資產減損迴轉利益 ( 損失 ) Reversal gains (Impairment losses) on assets NA 其他非利息淨 ( 損 ) 益 Other income 淨收益 Total net revenues 16,050 21,384 3,244 5,203 5,133 6,090 4, 營業費用 Operating expenses -10,716-11,165-2,662-2,689-2,785-2,923-2, 提存前稅前淨利 Pre-tax income (excluding provision) 5,333 10, ,514 2,348 3,168 2, 呆帳費用 Provision for possible losses -2, , 稅前利益 ( 損失 ) Pre-tax income (loss) 2,708 9,263-1,486 2,259 2,191 2,701 2, NA 所得稅費用 ( 利益 ) Income tax benefit (expense) , NA 合併總純 ( 損 ) 益 Net income (Loss) 2,464 8,220-1,149 2,023 1,964 2,343 1, NA P.50

53 Appendix NT$Mn SPS's Balance Sheet 4Q11 4Q12 Yearly Results Quarterly Results Q11 1Q12 2Q12 3Q12 4Q12 QoQ(%) YoY(%) 資產 Assets: 現金及約當現金 Cash and cash equivalents 1,973 1,365 1,973 1,178 1,308 1,302 1, 公平價值變動 Financial assets at fair 列入損益之金融資產 value through profit or loss 17,940 21,817 17,940 14,344 23,816 25,645 21, 附賣回票券及債券投資 Securities purchased under agreements to resell 6,065 3,612 6,065 3,248 3,071 1,876 3, 應收證券融資款 Margin loans receivable 12,112 12,594 12,112 13,045 12,142 12,701 12, 其他流動資產 Other current assets 5,241 5,080 5,241 4,867 6,144 6,401 5, 基金及投資 Funds and Investments 5,868 6,284 5,868 5,947 5,742 5,761 6, 固定資產 Properties, net 2,016 1,970 2,016 1,979 1,931 1,933 1, 無形及其他資產 Intangible & other assets 1,977 2,356 1,977 1,859 1,917 2,085 2, 受託買賣借項 - 淨額 Securities brokerage account, net 資產總計 Total assets 53,519 55,208 53,519 46,484 56,308 57,908 55, 負債及股東權益 Liabilities and stockholders' equity 負債 Liabilities 流動負債 Current liabilities 31,164 32,001 31,164 23,576 33,456 34,743 32, 其他負債 Other liabilities 負債合計 Total liabilities 31,334 32,209 31,334 23,751 33,631 35,033 32, 股本 Capital stock 15,365 15,365 15,365 15,365 15,365 15,365 15, 資本公積 Capital surplus 保留盈餘 Retained earnings 6,691 7,606 6,691 7,305 7,213 7,463 7, 股東權益其他項目 Other items of stockholders' equity 股東權益合計 Total stockholders' equity of parent company 22,185 22,999 22,185 22,733 22,677 22,875 22, 負債及股東權益總計 TOTAL 53,519 55,208 53,519 46,484 56,308 57,908 55, P.51

54 Appendix SPS's P&L NT$Mn Yearly Results Quarterly Results Q11 1Q12 2Q12 3Q12 4Q12 QoQ(%) YoY(%) 利息淨收益 Net interest income 1, 手續費淨收益 Net fee income 2,585 2, 出售證券利益 ( 損失 ) Gains (Losses) on sales of securities, net NA 股務代理收入 Stock affairs agent fees 股利收入 Dividend income 權證發行利益 Gains (Losses) on warrant issued, net 期貨契約利益 ( 損失 ) Gains (Losses) from futures transactions NA 選擇權交易利益 ( 損失 ) Gains (Losses) from options transactions NA 衍生性金融商品利益 ( 損失 ) Gains (Losses) from derivative instruments transactions NA 營業證券評價利益 ( 損失 ) Gains (Losses) from valuation of operating securities NA 其他營業收支 Other operating income NA 投資收益 Investment income 營業外收支 Non-operating income-net 淨收益 Total net revenues 3,532 4, ,534 1,012 1,065 1, 營業費用 Operating expenses 2,996 3, 稅前利益 ( 損失 ) Pre-tax income (loss) 536 1, 所得稅費用 ( 利益 ) Income tax benefit (expense) 純 ( 損 ) 益 Net income (Loss) 423 1, SPS's Pre-tax breakdown NT$Mn Yearly Results Quarterly Results Q11 1Q12 2Q12 3Q12 4Q12 QoQ(%) YoY(%) 經紀事業處 Brokerage business group 1, 資本市場事業處 Capital market business group NA 投資事業處 Principal investment & derivatives business group NA 其他 Others NA NA 稅前利益 ( 損失 ) Pre-tax income (loss) 536 1, , P.52

55 Appendix BSP's Credit Breakdown NT$Mn Yearly Results Quarterly Results 授信類別 Items Q11 1Q12 2Q12 3Q12 4Q12 QoQ(%) YoY(%) 企金放款 Corporate loans 製造業 Manufacturing 153, , , , , , , 電子工業 Electronics Indusrty 71,735 78,817 71,735 69,487 68,960 77,216 78, 原物料業 Chemical products 44,532 52,635 44,532 48,645 52,816 50,733 52, 傳產製造業 Conventional industry 36,326 42,491 36,326 41,842 41,570 43,282 42, 新興製造業 Electric fixture 927 1, , 金融機構 證券及保險業 FI & security house & insurance 11,878 14,625 11,878 13,218 13,033 13,203 14, 租賃 / 分期付款業 Installment & leasing 4,984 5,139 4,984 7,602 6,925 5,081 5, 營建業及不動產業 Construction & real estate 38,070 43,407 38,070 37,509 39,656 39,926 43, 批發及零售業 Wholesales/retail 56,459 58,253 56,459 57,284 60,590 56,746 58, 傳產服務業 Traditional service industry 17,419 21,436 17,419 14,674 17,492 21,047 21, 綜合服務業 Comprehensive services 1,036 1,022 1,036 1,661 1,778 1,439 1, 其他服務業 Other services 10,614 9,353 10,614 8,972 9,107 9,148 9, 公營事業 / 公同事業 State-owned company 40,811 33,131 40,811 39,988 36,060 36,921 33, 企業相關個人 Business owner 15,089 12,496 15,089 15,059 14,847 14,662 12, 非營利團體 Non-profit organization 1,048 1,285 1,048 1,183 1,429 1,452 1, 其他 Others 1,512 1,748 1,512 1,880 1,783 1,813 1, 企金放款小計 Sub total 352, , , , , , , 保證 / 承兌 / 信用狀 Guarantee, acceptance 20,814 27,543 20,814 21,799 25,974 26,098 27, 承購業務 Factoring 16,630 19,389 16,630 16,630 16,191 15,779 19, 外匯 / 衍生性交易及其他 Derivatives and others 6,302 10,575 6,302 8,784 8,094 10,490 10, 企金授信合計 Corporate total 396, , , , , , , 個金放款 Individual loans 366, , , , , , , 房貸 Mortagage loans 352, , , , , , , 信用貸款 Unsecured loans 9,699 12,065 9,699 9,500 10,387 11,303 12, 車貸 Car loans 4,064 5,148 4,064 4,327 4,523 4,792 5, 其他 Others 保證 Guarantee 信用卡 Credit card 18,001 17,116 18,001 16,715 17,883 17,007 17, 個金授信合計 Individual total 385, , , , , , , 全行授信總計 TOTAL 781, , , , , , , P.53