KGI Financial Holding Co (2883) investor relations material

Executive summary

• Net profit for H1 2026 reached TWD 28.4 billion (EPS TWD 1.64), up 420% YoY, driven by disposal gains on FVOCI equities and robust subsidiary performance, with total distributable earnings at TWD 67.8 billion, a record high.

• All major subsidiaries—Securities, Life, Bank, SITE, and Capital—achieved record or milestone results, supported by cross-subsidiary collaboration and digital innovation.

• Total assets rose 20% YoY to TWD 4,591 billion, and equity attributable to owners increased 76% to TWD 469 billion.

• Consolidated financial statements for H1 2026 were audited and present a fair view in accordance with ROC and international standards.

• IFRS 17 Insurance Contracts was adopted effective January 1, 2026, with retrospective restatement of prior periods.

Financial highlights

• H1 2026 net profit: TWD 28.4 billion; EPS: TWD 1.64; net income before tax: TWD 33.1 billion; ROAE: 14.2% annualized.

• Disposal gains on FVOCI equities: TWD 39.3 billion; total distributable earnings: TWD 67.8 billion (TWD 3.96/share).

• Total comprehensive income for H1 2026: TWD 155.3 billion; total assets as of June 30, 2026: TWD 4,591.1 billion.

• Net interest profit for H1 2026: TWD 42.85 billion, up from TWD 36.69 billion YoY.

• Adjusted EPS for Jan–July: TWD 4.41/share.

Outlook and guidance

• Full-year new contract CSM target for Life: TWD 33–35 billion, aiming for double-digit growth.

• Bank NIM guidance raised to 1.43% for 2026, with potential upside.

• Continued focus on digital transformation, sustainable finance, and expanding product offerings across all subsidiaries.

• Dividend payout policy remains at 70% upstream from bank and securities, with flexibility for Life depending on regulatory approval.

• The Group is preparing for the adoption of IFRS 18 and other new standards effective in 2027 and beyond.