[August 17, 2017]

CTBC Bank Boosts Support for Huntsman Cancer Institute Expansion

Today, leaders from Huntsman Cancer Foundation (HCF), CTBC Bank, and its parent company CTBC Financial Holdings will join in a special Ribbon Cutting Ceremony, recognizing the company's major contribution to Huntsman Cancer Institute (HCI) and designation as presenting sponsor of the Huntsman Chairman's Circle premier golf event. This gift is part of a multi-year commitment by CTBC to support cancer research at HCI.

In June, HCI dedicated and opened the Primary Children's and Families' Cancer Research Center, a world-class facility focused on children's cancers and cancers that run in families. HCI is a major American cancer center committed to Changing the DNA of Cancer Care®.

HCI's 225,000 square-foot expansion is made possible by generous donors including the Jon M. Huntsman Family, Huntsman Cancer Foundation, the Church of Jesus Christ of Latter-day Saints, the State of Utah, Intermountain Healthcare, and CTBC, and thousands of other contributors. Doubling HCI's research capacity, this expansion includes a biotechnology center, complete with state-of-the-art genetic sequencing and imaging equipment. Researchers will leverage the additional space and technology to study the leading disease killer of children, to trace familial cancers, to accelerate the development of new treatments and cancer prevention strategies, and to enhance training programs for the next generation of cancer researchers.

"From the very beginning, our goal has been to build an unrivaled cancer treatment and research campus that is at the forefront of scientific dscovery," said Jon M. Huntsman. "With this expansion, we're one step closer to realizing our vision to eradicate cancer from the face of the earth."

"CTBC is proud to support the Huntsman Cancer Institute's expansion and the opening of Primary Children's and Families' Cancer Research Center," said Chao-Chin Tung, Chairman of CTBC Bank. "For many years, CTBC and its founder have focused on supporting families and the communities we serve," added Noor Menai, President & CEO of CTBC Bank (USA) and Head of CTBC North America. "HCI's work is unsurpassed in finding cancer solutions for families across the globe."

The new Primary Children's and Families' Cancer Research Center is home to many unique resources and technologies, including cancer biostatistics, genetic counseling, genomics and bioinformatics analysis, research informatics, and the Utah Population Database. Designed to promote collaboration among research teams, this new expansion also includes a 120-seat auditorium and public meeting spaces on each floor.

"This new research space is essential to HCI's mission to relieve the suffering of cancer patients by better understanding cancer, and applying that understanding to the development of new ways to treat and prevent cancer," said Mary Beckerle, PhD, CEO and director of HCI. "HCI is more committed than ever to accelerate progress against cancer. We will now be able to expand our research to address the most devastating cancer challenges, including childhood cancers and cancers that run in families. The work we are doing here in Utah will bring comfort and cures to millions of families around the world."

About CTBC Financial Holding Co. Ltd. and CTBC Bank

CTBC Financial Holding Co Ltd. has eight subsidiaries including CTBC Bank Co., Ltd., Taiwan Life Insurance Co., Ltd., CTBC Securities Co., Ltd., CTBC Venture Capital Co., Ltd., CTBC Asset Management Co., Ltd., CTBC Investments Co., Ltd., CTBC Security Co., Ltd. and Taiwan Lottery Corporation.

CTBC Holding's primary subsidiary - CTBC Bank Co., Ltd. - plays great importance on its international business expansion. Following its acquisition of Tokyo Star Bank in 2014, CTBC Bank Co., Ltd. also accelerated network expansion in Mainland China and South East Asia in recent years. Today, CTBC Bank Co., Ltd has a total 107 outlets (office, branch, subsidiary and branch of subsidiary) worldwide, including the U.S., Canada, Japan, Indonesia, the Philippines, India, Thailand, Vietnam, Malaysia, Hong Kong, Singapore, China, Myanmar, and Australia.

CTBC Bank Corp. (USA) (formerly Chinatrust Bank U.S.A.) is a trusted and established institution providing commercial and retail customers with a real financial bridge to the next state of their lives and businesses. Founded in 1989 and now headquartered in Los Angeles, CTBC Bank Corp. (USA) operates branches in California, New Jersey, and New York. The bank's operations include deposits, loans, credit cards, foreign exchange, letters of credit, wealth management, mobile, and electronic banking services. Customers benefit from access to large bank resources coupled with individual attention and customized service of a small bank. Its parent company, CTBC Bank Co., Ltd., is supported by $110 billion in assets and is among the largest banks in the world in terms of capital. For more information about CTBC Bank, visit ctbcbankusa.com.

About Huntsman Cancer Foundation

Huntsman Cancer Foundation's sole purpose is to raise funds to support the mission of Huntsman Cancer Institute (HCI):

To understand cancer from its beginnings, to use that knowledge in the creation and improvement of cancer treatments, to relieve the suffering of cancer patients, and to provide education about cancer risk, prevention, and care.

Huntsman Cancer Foundation is dedicated to ensuring excellence in these endeavors through the development and prudent stewardship of private resources. All HCI fundraising initiatives happen through Huntsman Cancer Foundation, which is a public, fully integrated, Type 3 501 (c)(3).

View source version on businesswire.com: http://www.businesswire.com/news/home/20170817005021/en/

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