FUBON FINANCIAL HOLDING Business Summary

Fubon Financial Holding Co., Ltd. (2881.TW) operates a diversified financial services model, generating revenue through a high-density mix of life insurance premiums, net interest income from commercial banking, and fee-based income from securities brokerage and asset management. Its primary business segments include Fubon Life, the group’s largest revenue engine; Taipei Fubon Bank, which provides retail and corporate banking; Fubon Insurance, the market leader in Taiwan’s property and casualty sector; and Fubon Securities. As of early 2026, the company maintains its position as Taiwan’s most profitable financial holding firm by earnings per share (EPS), a title it has held for 17 consecutive years. It competes directly with Cathay Financial Holding, CTBC Financial Holding, and Yuanta Financial Holding, distinguishing itself through superior asset quality and a dominant market capitalization within the Taiwan Stock Exchange. The company is controlled by the Tsai family, heirs to the Fubon conglomerate founded in 1961. Current leadership is headed by Chairman Richard M. Tsai, an NYU Stern MBA alumnus with over 40 years of industry experience, and President Jerry Harn, who oversees group-wide operations with a background from Ohio State University and Citibank. The executive team is further bolstered by Vice Chairman Ming-Chung Tseng, the former Chairman of Taiwan’s Financial Supervisory Commission. Notable board members include independent director Paulus Siu-Hung Mok, the former Chairman of Citibank Taiwan. Major institutional shareholders include the Taipei City Government, which holds a significant stake of approximately 13%, alongside global asset managers such as BlackRock and Vanguard, reflecting the firm's status as a benchmark for institutional investment in the Asia-Pacific region.