Major Shareholders

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Top 10 Shareholders	Total Shares Owned	Holding Percentage Note 3
Note 1 TFN Union Investment Co., Ltd.	410,665,284	11.84%
Shin Kong Life Insurance Co., Ltd.	325,399,000	9.38%
Note 1 TCC Investment Co., Ltd.	200,496,761	5.78%
Ming Dong Co., Ltd.	184,736,452	5.33%
Fubon Life Insurance Co., Ltd.	150,880,400	4.35%
Cathay Life Insurance Co., Ltd.	132,874,900	3.83%
Dao Ying Co., Ltd.	113,609,742	3.28%
Richard M. Tsai	93,310,663	2.69%
Note 1 TCCI Investment & Development Co., Ltd.	87,589,556	2.53%
Note 2 Daniel M. Tsai	65,162,715	1.88%

Note 1: 100% owned by TWM.

Note 2: 30,000,000 shares held in trust were not included.

Note 3: As of July 15, 2019, Taiwan Mobile has 3,467,953,094 shares outstanding.

 

	Government agencies	Financial institutions	Other institutions	Individuals	Foreign institutions and individuals	Total
No. of shareholders	7	19	353	44,081	897	45,357
Total shares owned	245,753,356	803,830,491	1,373,871,726	345,807,195	698,690,326	3,467,953,094
Holding percentage (%)	7.09	23.18	39.61	9.97	20.15	100.00

Note 1: As of July 15, 2019, Taiwan Mobile has 3,467,953,094 shares outstanding.

Note 2: No government agency individually owns more than 5% of the total shares and voting rights.

Note 3: Family members own more than 15% of the total shares and voting rights.