The Committee
Committee Members
| Position | Name | The Audit Committee | Enumeration Committee |
|---|---|---|---|
| Independent Director | HUANG Li-Hen | V | V |
| Independent Director | I Chang-Yun | V | V |
| Independent Director | LUO Shi-Min | V | V |
The Audit Committee
In order to improve the Board's supervisory responsibilities and strengthen the Board's management mechanism, the Company established an audit committee in June 2019, consisting of 3 independent directors, at least one of whom should have accounting or financial expertise.
The purpose of the Audit Committee is to assist the Board in fulfilling its role in overseeing the quality and integrity of the Company's execution of accounting, auditing, financial reporting processes and financial controls.
The functions and powers of this committee are as follows:
1. To establish or amend the internal control system in accordance with Article 14-1 of the Securities and Exchange Act.
2. Evaluation of the effectiveness of the internal control system.
3. In accordance with the provisions of Article 36-1 of the Securities and Exchange Act, stipulate or amend the procedures for handling significant financial operations such as the acquisition or disposal of assets, derivative transactions, lending of funds to others, endorsements or or provision of guarantees for others.
4. Matters involving the directors' own interests.
5. Significant assets or derivative transactions.
6. Significant loans, endorsements or guarantees of funds.
7. The raising, issuance, or private placement of securities of an equity nature.
8. The appointment, dismissal or compensation of a certified public accountant.
9. Appointment or dismissal of financial, accounting or internal audit officers.
10. The annual financial report signed or sealed by the chairman, manager and accounting officer, and the second quarter financial report subject to audit and certification by the accountant.
11. Other significant matters required by the Company or the competent authorities.
The resolution on the preceding matter shall be approved by at least one-half of all members of the Committee and shall be submitted to the Board of Directors for resolution.
Except for item 10 in the first paragraph, if the matter does not have the consent of more than one-half of all Committee members, it may be performed with the agreement of over two-thirds of all directors.
Enumeration Committee
The Enumeration Committee, in its professional and objective position and pays attention as a good manager, evaluates the Company's policy and system of compensation for directors and managers, and makes recommendations to the Board of Directors to improve the Company's system of compensation for directors and managers.
The functions and powers of this committee are as follows:
1. Periodically review this protocol and propose amendments.
2. Set and regularly review the company’s directors and managers’ performance evaluation standard, annual and long-term performance goals, and remuneration policy, system, standard and structure, and publish the performance evaluation criteria.
3. Regularly evaluate the achievement of the performance goals of the directors and managers of our company. In addition, based on the evaluation results obtained from the performance evaluation standard, determine the details/amount of individual remuneration, and the relevance and rationality of the performance evaluation result.
Attendance of the Enumeration Committee Meeting
The Enumeration Committee shall meet twice a year. Individuals in case of emergency are exempted from attending.
2021 Attendance of the Enumeration Committee Meeting
Relevant proposals and resolutions of the Enumeration Committee
