IBF Financial Holdings Co., Ltd. announced on behalf of the subsidiary, RICB, for the members of the second term Board of Directors. Resume of the previous position holder: Directors: (1) Dong-Ho Wang/Chairman, Rakuten International Commercial Bank Co., Ltd., (2) Chi-Lin Wea/Chairman, IBF Financial Holding Co., Ltd., (3) Hiroyuki Nagai/CEO, Rakuten Bank, Ltd. (Japan), (4) Kazuhiko Saiki/CEO, Rakuten International Commercial Bank Co., Ltd., and (5) Eiji Ishii/Chairman and CEO, Taiwan Rakuten Card Co., Ltd. Supervisors: (1) Tomotaka Torin/Senior Executive Officer, Rakuten Group Inc. and (2) Hiroyuki Uchiyama/Department Head, Rakuten Bank, Ltd. (Japan). Resume of the new position holder: Directors: (1) Dong-Ho Wang/Chairman, Rakuten International Commercial Bank Co., Ltd., (2) Chi-Lin Wea/Chairman, IBF Financial Holding Co., Ltd., (3) Hiroyuki Nagai/CEO, Rakuten Bank, Ltd. (Japan), (4) Eiji Ishii/Chairman and CEO, Taiwan Rakuten Card Co., Ltd. and (5) Kazuhiko Saiki/CEO, Rakuten International Commercial Bank Co., Ltd. Independent Directors: (1) Masashi Yokoi/Chairman, Y&Y Alliance Advisory Ltd., (2) Hajime Uemura/Representative Directors, Governance Cloud Co., Ltd. and (3) Hanming Yen/Consultant, Mingtai Insurance Co., Ltd. Effective date of the new appointment: June 30, 2022.