Compensation Committee
According to Article 3 of the Compensation Committee Charter, the Company’s Compensation Committee shall consist of no fewer than three members, who are appointed by resolution of the Board of Directors. The responsibilities of the Compensation Committee are as follows:
1.To establish and periodically review the policies, systems, standards, and structures for the performance evaluation and compensation of directors, supervisors, and managerial officers.
2.To periodically evaluate and determine the compensation of directors, supervisors, and managerial officers.
The Compensation Committee convenes at least twice a year. For information regarding the Committee’s meetings and the attendance of each member, please refer to the Market Observation Post System (MOPS) or the Company’s annual reports.
Audit Committee
According to Article 4 of the Audit Committee Charter, the members of the Company’s Audit Committee shall be composed of all independent directors, and the Committee shall consist of no fewer than three members. The responsibilities of the Audit Committee are as follows:
1.Establishing or amending the internal control system in accordance with Article 14-1 of the Securities and Exchange Act.
2.Evaluating the effectiveness of the internal control system.
3.Establishing or amending the procedures for major financial and operational activities such as the acquisition or disposal of assets, derivatives trading, lending of funds to others, and endorsements or guarantees for others, in accordance with Article 36-1 of the Securities and Exchange Act.
4.Matters involving conflicts of interest of directors.
5.Major asset transactions or derivatives transactions.
6.Major loans of funds, endorsements, or guarantees.
7.Raising, issuing, or private placement of equity-type securities.
8.Appointment, dismissal, or compensation of the certifying CPA.
9.Appointment or dismissal of financial, accounting, or internal audit officers.
10.Annual and semi-annual financial reports.
11.Business reports and proposals for earnings distribution or deficit compensation.
12.Other material matters required by the Company or the competent authorities.
The Audit Committee convenes at least once every quarter. For information regarding the Committee’s meetings and the attendance rate of each member, please refer to the Market Observation Post System (MOPS) or the Company’s annual reports.
