[Chunghwa Telecom Co., Ltd. Financial Statements for the Years Ended December 31, 2011 and 2010 and Independent Auditors’ Report INDEPENDENT AUDITORS’ REPORT The Board of Directors and Stockholders Chunghwa Telecom Co., Ltd. We have audited the accompanying balance sheets of Chunghwa Telecom Co., Ltd. as of December 31, 2011 and 2010, and the related statements of income, changes in stockholders’] [Chunghwa Telecom Co., Ltd. and Subsidiaries Consolidated Financial Statements for the Years Ended December 31, 2011 and 2010 and Independent Auditors’ Report INDEPENDENT AUDITORS’ REPORT To the Board of Directors and Stockholders of Chunghwa Telecom Co., Ltd. We have audited the accompanying consolidated balance sheet of Chunghwa Telecom Co., Ltd. and subsidiaries (“the Company”) as of December 31, 2011 and] [3 / 28 Chunghwa Telecom Co., Ltd.]

[Chunghwa Telecom holds investor conference for 2011 operation results Date of events: 2011/ 02 /1 4 Contents: 1.Date of the investor/press conference or the date that the Company disclose its financial or business information to the public:2012/02/22 2.Location of the investor/press conference or the location that the Company disclose its financial or business information to the public: Room 1201, No.] [Financial forecast for 2012(Parent company only) Date of events: 2011/ 02 / 21 Contents: 1.Fiscal year of the financial forecast:2012 2.Type of financial forecast: Condensed 3.Date of board of directors resolution:2012/02/21 4.Date of preparation, correction, or updating of the financial forecast:2012/02/02 5.Reason for preparation of the financial forecast: Voluntary publicity 6.Reason for the correction or update and monetary amount affected:] [Board of directors resolves to convene the Company’s annual general meeting on June 22, 2012 Date of events: 2011/ 02 / 21 Contents: 1.Date of the board of directors resolution:2012/02/21 2.Date for convening the shareholders’ meeting:2012/06/22 3.Location for convening the shareholders’ meeting: Chunghwa Telecom Training Institute (No. 168, Minzu Road, Banchiao District, New Taipei City, Taiwan, R.O.C.) 4.Cause or subjects] [The Board resolves to change the head of R&D Date of events: 2011/ 02 / 21 Contents: 1.Type of personnel changed (please enter: spokesperson, acting spokesperson, financial officer, accounting officer, research and development officer, or internal audit officer): Rese a rch and development officer. 2.Date of occurrence of the change:2012/02/21 3.Name, title, and resume of the replaced person: Yuan-Kuang Tu,] [To announce the Board’s major resolutions Date of events: 201 2 / 02 / 21 Contents: 1.Date of occurrence of the event:2012/02/21 Chunghwa Telecom 3.Relationship to the Company (please enter “head office” or “affiliate company”):head office 4.Reciprocal shareholding ratios: N/A 5.Cause of occurrence: The 13th meeting of the 6th term board of directors approved the appointment of new positions as] [6 To announce the procurement of Optical Backbone Network Integration and Expansion Project Date of events: 201 2 / 02 / 21 Contents: 1.Name and nature of the subject matter (e.g. land located at Sublot XX, Lot XX, North District, Taichung City): Optical Backbone Network Integration and Expansion Project (one lot) for 2012. 2.Date of the occurrence of the event:2012/02/21~2012/02/21] [7 To announce the acquisition of TSMC Bonds Date of events: 201 2 / 02 / 21 Contents: 1.Name and nature of the subject matter (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g. dividend yield):Taiwan Semiconductor Manufacturing Co., Ltd. Corporate Bonds (Code: B618AY 、 B618AW) 2.Date of occurrence of the event:2012/01/11~2012/02/21 3.Volume, unit price,] [8 Chunghwa Telecom participates in an overseas investors conference Date of events: 201 2 / 02 / 24 Contents: 1.Date of the investor/press conference or the date that the Company disclose its financial or business information to the public:2012/03/05~2012/03/07 2.Location of the investor/press conference or the location that the Company disclose its financial or business information to the public: Tokyo,] [9 Explanation of the report that CHT was fined NT$5million due to misleading advertisement Date of events: 2012/0 3 / 07 Contents: 1.Name of the reporting media:udn.com 2.Date of the report:2012/03/07 3.Content of the report: Due to the Company’s advertisement for HiNet FTTx contained misleading representation in violation of Article 21 (3) in applying mutatis mutandis Article 21(1) of the] [10 Chunghwa Telecom participates in an investors conference Date of events: 2012/0 3 / 08 Contents: 1.Date of the investor/press conference or the date that the Company disclose its financial or business information to the public:2012/03/13~2012/03/15 2.Location of the investor/press conference or the location that the Company disclose its financial or business information to the public: Taipei 3.Financial and business] [11 Chunghwa Telecom participates in an overseas investors conference Date of events: 2012/0 3 / 09 Contents: 1.Date of the investor/press conference or the date that the Company disclose its financial or business information to the public:2012/03/19~2012/03/21 2.Location of the investor/press conference or the location that the Company disclose its financial or business information to the public: Hong Kong 3.Financial] [12 Chunghwa Telecom participates Cloud Computing InvesTour to meet investors Date of events: 2012/0 3 / 09 Contents: 1.Date of the investor/press conference or the date that the Company disclose its financial or business information to the public:2012/03/12 2.Location of the investor/press conference or the location that the Company disclose its financial or business information to the public: Taipei 3.Financial] [13 Supplementary announcement for the company’s participation in China Airlines’ secondary offering and the correction of the number of shares acquired Date of events: 2012/0 3 / 09 Contents: 1.Name and nature of the subject matter (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g. dividend yield):China Airlines’ secondary offering of ordinary shares 2.Date of] [14 To announce the Company’s February 2012 revenues Date of events: 2012/0 3 / 12 Contents: 1.Date of occurrence of the event:2012/03/12 3.Relationship to the Company (please enter “head office” or “affiliate company”):Head office 4.Reciprocal shareholding ratios: N/A 5.Cause of occurrence: Chunghwa Telecom today announced a 3.3% year-over-year decrease in unaudited unconsolidated total revenue to NT$15.5 billion in February 2012.] [15 Chunghwa Telecom March 1 2 , 2012 This is to report the changes or status of 1) Sales volume 2) Funds lent to other parties 3) Endorsements and guarantees 4) Financial derivative transactions for the period of Feb 201 2 1) Sales volume (NT$ Thousand) Period Items 201 2 201 1 Changes % Feb Invoice amount 1 7 ,] [3 /1 3 Chunghwa Telecom Co., Ltd.]

[Chunghwa Telecom Reports Unaudited Consolidated Operating Results Taipei, Taiwan, R.O.C. February 22, 2011 - Chunghwa Telecom Co., Ltd. (TAIEX: 2412, NYSE: CHT) (“Chunghwa” or “the Company”) today reported its unaudited operating results for the fourth quarter and full year 2011. All figures were prepared in accordance with generally accepted accounting principles of the Republic of China (“ROC GAAP”) on a] [2 / 23 Chunghwa Telecom Co., Ltd.]

[Explanation of the report that the company will invest in NT$100 billion for fiber network deployment Date of events: 2011/ 01 /12 Contents: 1.Name of the reporting media: Economic Daily News 2.Date of the report:2012/01/12 3.Content of the report: Chunghwa Telecom will invest in NT$100 billion for fiber network deployment for the next three years. 4.Summary of the information provided] [The company’s board meeting resolves to participate in China Airlines’ secondary equity offering Date of events: 2011/ 01 /1 6 Contents: 1.Name and nature of the subject matter (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g. dividend yield):China Airlines’ ordinary shares 2.Date of occurrence of the event:2012/01/16~2012/01/16 3.Volume, unit price, and total monetary amount] [Announcement of the judgment made by Taiwan High Court for the case that Chunghwa Post claims just compensation for the use of its land by Chunghwa Telecom Date of events: 2011/ 01 / 17 Contents: 1.Parties to the legal matter, name of the court, disposing agency, and reference/case numbers of relevant documents: Chunghwa Post Co., Ltd., Taiwan High Court, Civil] [Update of item 18 of the announcement that the company will participate in China Airlines’ secondary offering Date of events: 2011/ 01 / 17 Contents: 1.Name and nature of the subject matter (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g. dividend yield):China Airlines’ ordinary shares 2.Date of occurrence of the event:2012/01/17~2012/01/17 3.Volume, unit price,] [Clarification of the report that the company’s cash dividend for 2011 will be targeting NT$5.5 Date of events: 201 2 / 01 /3 1 Contents: 1.Name of the reporting media: Commercial Times 2.Date of the report:2012/01/31 3.Content of the report: The company’s cash dividend for 2011 will be targeting NT$5.5. 4.Summary of the information provided by investors: None 5.Company’s explanation] [6 To announce the acquisition of CPC Corporation Taiwan Corporate Bonds Date of events: 201 2 / 02 / 01 Contents: 1.Name and nature of the subject matter (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g. dividend yield):CPC Corporation Taiwan Corporate Bonds (Code: B71854) 2.Date of occurrence of the event:2011/11/08~2012/02/01 3.Volume, unit price, and] [7 Chunghwa Telecom signs a memorandum of understanding with China Airlines Date of events: 201 2 / 02 / 07 Contents: 1. Date of occurrence of the event: 2012/02/07 2. Counterparty to the contract or commitment: China Airlines 3. Relationship to the Company: None 4. Starting and ending dates (or rescission date) of the contract or commitment: 2012/02/07 to 2014/02/06] [8 To announce the company’s participation in China Airlines’ secondary offering and the acquisition of 265,200 thousand shares Date of events: 201 2 / 02 / 08 Contents: 1. Name and nature of the subject matter (if preferred shares, the terms and conditions of issuance shall also be indicated, e.g. dividend yield): China Airlines’ secondary offering of ordinary shares 2.] [9 To announce the Company’s January 2012 revenues Date of events: 2012/0 2 /10 Contents: 1. Date of occurrence of the event: 2012/02/10 3. Relationship to the Company (please enter “head office” or “affiliate company”):Head office 4. Reciprocal shareholding ratios: N/A 5. Cause of occurrence: Chunghwa Telecom today announced a 3.8% year-over-year increase in unaudited unconsolidated total revenue to NT$16.83] [10 Chunghwa Telecom February 10, 2012 This is to report the changes or status of 1) Sales volume 2) Funds lent to other parties 3) Endorsements and guarantees 4) Financial derivative transactions for the period of Jan 201 2 1) Sales volume (NT$ Thousand) Period Items 201 2 201 1 Changes % Jan Invoice amount 18,246,270 12,126,374 (+)6,119,89 6] [2 /1 3 Chunghwa Telecom Co., Ltd.]

[Chunghwa Telecom board approves participation in China Airlines secondary offering Date of events: 201 2 / 01 /1 6 Contents: Taipei, Taiwan, R.O.C. Jan. 16, 2012 - Chunghwa Telecom Co., Ltd (TAIEX: 2412, NYSE: CHT) (“Chunghwa” or “the Company”), today announced that it has received board approval to participate in China Airlines’ secondary equity offering up to a maximum amount] [7 Chunghwa Telecom Co., Ltd.]