永豐商業銀行股份有限公司（下稱「永豐銀」）擬吸收合併京城商業銀行股份有限公司（下稱「京城銀」），謹依金融機構合併法第9條之規定，公告如後：
 

一、永豐銀與京城銀於115年3月27日分別經董事會（依公司法第128-1條及金融控股公司法第15條第1項規定由董事會代行股東會職權，不適用公司法有關股東會之規定）決議通過由永豐銀吸收合併京城銀及簽署合併契約書案(下稱「本合併案」)，合併後將以永豐銀為存續公司、京城銀為消滅公司。

二、本合併案以永豐金融控股股份有限公司持有京城銀於合併基準日前一日之帳面價值作為合併之對價，擬由(1)永豐銀發行1,865,000,000股之普通股新股予京城銀股東；以永豐銀每股普通股發行價格24元計算，股份對價價值合計為新臺幣44,760,000,000元（下稱「股份對價價值」），及(2)合併對價扣除股份對價價值之餘額，全數以現金支應予京城銀股東。

三、本合併案擬於取得金融監督管理委員會核准後訂定合併基準日。合併基準日由永豐銀及京城銀董事會分別授權各該董事長或其指定之人視合併作業時程雙方協調訂定。合併基準日訂定後，如有變更之必要時，由永豐銀及京城銀董事會授權各該董事長或其指定之人全權依法處理，並公告之。

四、合併契約書應記載事項：
(一)永豐銀與京城銀同意以「吸收合併」方式進行本合併案，永豐銀為合併後之存續公司，京城銀為合併後之消滅公司並將因合併消滅而解散。合併後存續公司名稱為「永豐商業銀行股份有限公司」，總機構地址為臺北市中山區南京東路3段36號，業務區域為中華民國地區及法律許可之其他地區。
(二)於合併契約簽約日，永豐銀之登記資本額為新臺幣140,000,000,000元，分為14,000,000,000股，每股面額新臺幣10元，實收資本額為新臺幣110,735,376,580元，分為普通股11,073,537,658股，每股面額新臺幣10元；京城銀之登記資本額為新臺幣18,000,000,000元，分為1,800,000,000股，每股面額新臺幣10元，實收資本額為新臺幣11,112,342,650元，分為普通股1,111,234,265股，每股面額為新臺幣10元。永豐銀預計於合併基準日辦理合併發行新股新臺幣18,650,000,000元，分為普通股1,865,000,000股。於完成上述合併發行新股後，合併後之存續公司登記資本額為140,000,000,000元，分為普通股14,000,000,000股，每股面額新臺幣10元，登記實收資本額為新臺幣129,385,376,580元，分為普通股12,938,537,658股，每股面額新臺幣10元。
(三)自合併基準日起，京城銀之全部帳列資產、負債及截至合併基準日仍為有效之一切權利、義務，均由永豐銀依法概括承受。
(四)本合併案完成後，存續公司永豐銀之公司章程依合併基準日前原訂之永豐銀公司章程，如有需要，得修改之。
(五)永豐銀同意於合併基準日全數留任京城銀仍在職之適用勞動基準法之全體員工（下稱「京城銀員工」），並承認京城銀員工在合併基準日前於京城銀服務之工作年資。永豐銀並承諾於合併基準日60日前，將載明勞動條件之留任通知書或雇用通知書寄發京城銀員工。該受通知之員工是否同意留任，悉依據相關法令規定辦理。京城銀應盡最大努力協助永豐銀留用京城銀員工。永豐銀依京城銀已簽署同意之「員工安置計畫」，承諾自合併基準日起三年內，遵循勞動基準法及其他相關法令規定，不因合併事由資遣留任員工，但依人事規章制度及相關法令規定，應受降調職位、降級、終止僱傭關係之處分者，不在此限。工作權保障期間內之契約終止，依據勞動基準法規定辦理。

五、對債權人之保障方式：
(一)永豐銀之債權人或客戶如認本合併案有損害其權益而擬提出異議者，請於115年3月28日起至115年4月30日止之期間內以書面掛號郵寄(以郵戳日為憑)寄交永豐銀(地址: 臺北市中山區建國北路二段9-1號，聯絡人:永豐銀行綜合企劃處)俾憑辦理。
(二) 京城銀之債權人或客戶如認本合併案有損害其權益而擬提出異議者，請於115年3月28日起至115年4月30日止之期間內以書面掛號郵寄(以郵戳日為憑)寄交京城銀(地址:臺南市中西區西門路一段506號4樓，聯絡人:京城銀行營運管理部)俾憑辦理。
(三)永豐銀或京城銀之債權人或客戶逾期未提出則視為無異議，有異議者則分別由永豐銀或京城銀予以清償、提供相當擔保、成立專以清償債務為目的之信託或以證明無礙其等之權利等方式辦理。
(四) 若為京城銀所持有最高限額抵押權或質權之抵押人或出質人，得於本公告日起15日內向京城銀請求確定該最高限額抵押權或質權所擔保之原債權。

Bank SinoPac Co., Ltd. (“Bank SinoPac”) plans to absorb and merge King’s Town Bank Co., Ltd. (“King’s Town Bank”). Pursuant to Article 9 of the Financial Institutions Merger Act, the following announcement is made:

1. On March 27, 2026, the boards of directors of Bank SinoPac and King’s Town Bank, respectively acting on behalf of the shareholders’ meetings without being subject to requirement in relation to shareholders’ meeting under Company Act in accordance with Article 128 1 of the Company Act and Paragraph 1, Article 15 of Financial Holding Company Act, resolved to approve the absorption type merger whereby Bank SinoPac will be the surviving company and King’s Town Bank will be the dissolved company, and signed the merger agreement (the “Merger”).
2. The Merger consideration is based on the book value of King’s Town Bank held by SinoPac Financial Holdings Co., Ltd. as of the day before the merger record date. It is proposed that:
   (1)   Bank SinoPac will issue 1,865,000,000 new common shares to the shareholders of King’s Town Bank. Based on Bank SinoPac’s common share issuance price of NT$24 per share, the total share consideration value amounts to NT$44,760,000,000 (“Share Consideration Value”); and
   (2)   Any remaining amount of the merger consideration, after deducting the Share Consideration Value, will be paid in cash to the shareholder of King’s Town Bank.
3. The merger record date will be set after obtaining approval from the Financial Supervisory Commission (FSC). The boards of directors of Bank SinoPac and King’s Town Bank authorize their respective chairpersons or designated persons to adjust the merger record date depending on the operational schedule. If adjustments are required after the merger record date is set, such authorized persons may handle the matter and make the required public announcements.
4. Matters Stipulated in the Merger Agreement:
   (1)   Bank SinoPac and King’s Town Bank agree to proceed with the merger through an absorption type merger, in which Bank SinoPac will be the surviving company and King’s Town Bank will be dissolved upon completion of the merger. The surviving company will retain the name “Bank SinoPac Co., Ltd.”, with headquarters at No. 36, Section 3, Nanjing East Road, Zhongshan District, Taipei City, and its service territory will cover the Republic of China and other jurisdictions permitted by law.
   (2)   As of the date of the merger agreement, Bank SinoPac’s registered capital is NT$140,000,000,000, divided into 14,000,000,000 shares at NT$10 par value; paid in capital is NT$110,735,376,580, consisting of 11,073,537,658 common shares; and King’s Town Bank’s registered capital is NT$18,000,000,000, divided into 1,800,000,000 shares at NT$10 par value; paid in capital is NT$11,112,342,650, consisting of 1,111,234,265 common shares. Bank SinoPac expects to issue NT$18,650,000,000 of new common shares (1,865,000,000 shares) on the merger record date. After issuance, the surviving company’s registered capital will be NT$140,000,000,000, divided into 14,000,000,000 common shares, and paid in capital will be NT$129,385,376,580, consisting of 12,938,537,658 common shares.
   (3)   Beginning on the merger record date, all recorded assets, liabilities, and rights and obligations of King’s Town Bank that remain valid as of that date will be comprehensively assumed by Bank SinoPac in accordance with law.
   (4)   Following completion of the Merger, the surviving company’s Articles of Incorporation will remain as originally adopted prior to the merger record date, but may be amended if necessary.
   (5)   Bank SinoPac agrees to retain all current King’s Town Bank employees covered under the Labor Standards Act as of the merger record date (“King’s Town Employees”) and will recognize their years of service at King’s Town Bank prior to the Merger. Bank SinoPac also commits to issuing, at least 60 days prior to the merger record date, written employment or retention notices specifying labor conditions. Whether the employees accept retention will be handled under applicable laws. King’s Town Bank shall use best effort to assist Bank SinoPac in retaining its employees. According to the employee placement plan approved by King’s Town Bank, Bank SinoPac commits that for three years from the merger record date no retained employee will be dismissed due to the Merger; provided however, actions such as demotion, reassignment, or termination of employment in accordance with personnel rules or law remain permitted. Any termination of employment during the job security period will follow the Labor Standards Act.
5. Protection of Creditors:
   (1)   Creditors or clients of Bank SinoPac who believe the Merger harms their rights may submit objections in writing via registered mail (postmark date shall prevail) to Bank SinoPac at No. 9-1, Sec. 2, Jianguo N. Rd., Zhongshan Dist., Taipei City 104508, Taiwan (R.O.C.), Contact: Bank SinoPac, Business Planning Division, during the period from March 28, 2026 to April 30, 2026.
   (2)   Creditors or clients of King’s Town Bank may also submit objections during the same period by registered mail to King’s Town Bank at 4 F., No. 506, Sec. 1, Ximen Rd., West Central Dist., Tainan City 700019, Taiwan (R.O.C.), Contact: King’s Town Bank, Strategy and Operations Department.
   (3)   Creditors who do not submit objections within the deadline will be deemed to have no objection.
   (4)   For those who object, Bank SinoPac or King’s Town Bank will resolve the matter through repayment, provision of adequate security, establishment of a trust dedicated to debt repayment, or by demonstrating that the Merger does not impair the creditor’s rights.
   (5)   Holders of maximum amount mortgages or pledges established by King’s Town Bank may request determination of the secured principal claims within 15 days from the date of this announcement.