Audit Committee
The Audit Committee of the Company consists of all the independent directors, aiming to assist the board of directors to improve the governance performance. The authorities include:
I. Pursuant to Article 14-1 of the Securities and Exchange Act, establish or amend the internal control system.
II. Assess the effectiveness of the internal control system.
III. Establish or amend the procedures for acquisition or disposal of assets, derivative transactions, loaning of funds to other, and the material financing/business conduct required for making endorsements/guarantees for others accordance with the provisions of Article 36-1 of the Securities and Exchange Act.
IV. Matters involving the personal interests of directors.
V. Material asset or derivative transactions.
VI. Material loaning of funds and making endorsements/guarantees.
VII. Raising, issuing or private placement of negotiable securities with an equity nature.
VIII. Assigning, discharging, or paying the certified CPAs.
IX. Assigning or discharging the finance, accounting, or internal audit officers.
X. Annual financial reports.
XI. Other material matters specified by the Company or the competent authorities.
The Remuneration Committee shall be convened at least once every quarter, and may invite directors, managerial officers of relevant departments, internal auditors, certified public accountants, legal consultants, or other personnel to attend meetings as nonvoting participants and provide relevant necessary information.
The convener (chair of meetings) of the first term of the Audit Committee is the independent director, Hsu, Li-Ming
Audit Committee Membership
| Position | Name | Current Position | Experience | Certification | Remark |
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Chair | HSU, |
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Committee Member | LIOU, TZONG-DER |
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Committee Member | LIU, HUANG-CHI |
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Remuneration Committee
The purpose of the remuneration committee of our company is to assist the board of directors in evaluating and approving the remuneration levels of directors, audit committees and managers. Its terms of reference include:
I. To establish and regularly review the policies, systems, standards and structures for the performance evaluation and remuneration of directors, audit committees and managers.
II. To regularly evaluate and determine the remuneration of directors, audit committee and managers.
III. The performance evaluation and remuneration of directors, audit committees, and managers shall be made with reference to the usual level of compensation in the industry, and the reasonableness of the relationship with personal performance, the company's operating performance and future risks shall be considered.
The Remuneration Committee
| Position | Name | Current Position | Experience | Certification | Remark |
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Committee Member | HSU, LI-MING |
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Chair | LIOU, TZONG-DER |
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Committee Member | LIU, HUANG-CHI |
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