Chang Hwa Commercial Bank, Ltd. announced on behalf of subsidiary bank in China, of effective date to change two members of the 2nd term Board of Directors. Title and name of the new position holder is Independent Director: Rueen-Fong Chu and Director: Rueih-Hwa Cheng. Resume of the new position holder is Independent Director: Rueen-Fong Chu, Visiting Professor of Department of Finance, I-Shou University and Director: Rueih-Hwa Cheng, S.V.P & Division Head of Chang Hwa Commercial Bank, Ltd. International Banking Division. Reason for the change is Reassignment.