Board of Directors Organization

The company's articles of association stipulate that there should be five to nine directors, all of whom are elected by the shareholders' meeting from among those with capacity to act. They serve a term of three years and are eligible for re-election. The number of independent directors among the number of directors in the preceding paragraph shall not be less than three, and shall not be less than one-fifth of the number of director seats.

Director selection system

The company's directors (including independent directors) are selected in accordance with the candidate nomination system specified in Article 192-1 of the Company Law. The professional qualifications, shareholdings, part-time restrictions, nomination and selection methods and other matters that should be complied with by independent directors shall be handled in accordance with the relevant regulations of the securities regulatory authority.

Powers of the Board of Directors

The Board of Directors is the company's highest governance unit and the center of major business decisions. The company's management regularly reports operating performance to the Board of Directors every quarter. The Board of Directors has an Audit Committee and a Salary and Remuneration Committee to assist The board of directors performs its duty to supervise the company's quality and integrity in implementing relevant accounting, auditing, financial reporting processes and financial controls. The board of directors' powers are as follows:

• Formulate and decide on the company's long-term business development strategies .
• Review important regulations and contracts.
• Prepare budgets and final accounts.
• Appointment and removal of important staff.
• The company’s decision on major borrowings.
• The company’s major business and investment decisions.
• Matters that should be resolved by the board of directors in accordance with the company law or other laws and regulations.

Members of the Board of Directors

Board Member Diversity Policy

The composition of the board of directors should consider diversity. In addition to the fact that directors who are also company managers should not exceed one-third of the number of directors, the composition of the board of directors should also be based on its own operations, operating models and development. It is necessary to formulate an appropriate diversity policy, which should include but not be limited to the following two major standards:

• Basic conditions and values: gender, age, nationality, culture, etc., among which the ratio of female directors should be appropriate Reaching one-third of the number of director seats.
• Professional knowledge and skills: professional background (such as law, accounting, industry, finance, marketing or technology), professional skills and industry experience, etc.

Board members should generally possess the necessary knowledge, skills and qualities to perform their duties. In order to achieve the ideal goal of corporate governance, the board of directors as a whole should have the following capabilities:

• Ability to make operational judgments.
• Accounting and financial analysis skills.
• Operation and management capabilities.
• Crisis handling capabilities.
• Industry knowledge.
• International market perspective.
• Leadership.
• Decision-making skills.

Implementation of Board Member Diversity Policy

Specific Management Objectives and Achievement Status of Board Member Diversity Policy

The Operation of the Board of Directors

The term of the current Board of Directors is from August 2, 2022 to August 1, 2025. It has held 13 meetings so far. The attendance of directors is as follows:

Important resolutions of the board of directors

Communication Situation between Independent Directors, Certified Public Accountant and Internal Audit Officer