Diversity and Independence of the Board of Directors

On March 19, 2015, the board of directors of the company passed the ”Corporate Governance Best Practice Principles”, and set out a diversity policy in Chapter 3 “Enhancing the Functions of the Board of Directors”.

The nomination and selection of members of the board of directors follows the provisions of the company’s “Articles of Incorporation“, adopts the candidate nomination system, and follows the “Rules for Election of Directors” and ” Corporate Governance Best Practice Principles ” to ensure the diversity and independence of the board members.

There are 13 members of the 10th board of directors (including 4 independent directors, one of whom is newly elected on May 25, 2023), except for 2 female members, Ms. Huang, Ting-Rong and Ms. Huang, Chi-Rong, who are good at business management and financial accounting affairs; good at leadership, operational judgment, business management, crisis Those who deal with industry knowledge and international market views include Mr. Lin, Lung-Fen, Mr. Cheng, Deng-Yuan, Mr. Lu, Ta-Wei, Mr. Shaw, Shung-Ho, Mr. Wu, Cheng-Huan and Mr. Huang, Ta-Lun; Mr. Hsieh, Chin-Ho, who specializes in domestic and foreign financial affairs; Lin, Chih-Min, who specializes in legal affairs As for the three independent directors including Mr. Lai, Chien-Hua, Mr. Cheng, Wen-Feng and Mr. Huang, Ta-Lun,, they are specialized in financial and accounting affairs, leadership and operation management respectively. In addition, an additional independent director, Mr. Lu, Hsi-Peng, was elected on May 25, 2023, with academic and industrial knowledge and international market vision.

By the end of 2022, there are 16.67% of women and directors with employee status, 2 directors are under the age of 45, 7 directors are 56-65 years old and 3 directors are 66-75 years old. One of independent directors is the term of office less than 3 years, and one independent director is the term of office of is 4-6 years. Although one independent director of the company has served as for more than 9 years. He has extensive practical experience, which is obviously helpful to the company’s business planning and decision-making, and continues to be elected as an independent director of the company. By the end of 2022, the average term of directors is 10.75 years.

Since the new independent director was elected on May 25, 2023, the total number of independent directors has increased to 4, accounting for 31% of all directors, so that the board can be more independent. In addition, except for Huang, Ting-Rong and Huang, Chi-Rong, whose relatives within the second degree of kinship do not exceed half of the seats on the board of directors, none of the other members of the board of directors has the conditions specified in Article 26-3 Items 3 and 4 of the Securities and Exchange Act. , the Board of Directors of the Company is still independent.