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[SinoPac] Bank SinoPac Announces Important Resolutions from the 115 Annual General Meeting

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SinoPac Holdings announced that its subsidiary, Bank SinoPac, held its 115 Annual General Meeting on May 22, approving the profit distribution, business report, and financial statements for the fiscal year 114. A proposal for capitalization of earnings to issue new shares was also approved.

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Frequently Asked Questions

Q: What is the profit distribution plan approved at the meeting?
A: The plan to distribute Bank SinoPac's earnings for the year 114 was approved.
Q: Why is SinoPac Holdings making this announcement on behalf of the bank?
A: In accordance with financial holding company regulations, the parent company, SinoPac Holdings, discloses material information on behalf of the group.
Q: What is the purpose of the capital increase?
A: It is being carried out to strengthen the capital base in conjunction with the profit distribution plan for the year 114.