In accordance with the growing trend of taxation governance, adhering to the corporate sustainability and the concept of integrity governance, strengthening risk management, and fulfilling corporate social responsibilities, SYSTEX Corp. formulates the taxation policy, promises to comply with the local tax laws and regulations in all countries and regions where we operate, and fulfills the corporate citizen obligations of honest declaration and tax payment, in order to optimize tax management and enhance corporate value.The Taxation Policy applies to SYSTEX Corp. and its affiliated companies. The guiding principles are:

• Comply with any local tax laws and regulations and tax-related information disclosure requirements in all countries and regions where we operate, and ensure the information transparency of financial report.
• Inter-company transactions are based on the Arm’s Length Principle and follow the Transfer Pricing Guidelines issued by the Organization for Economic Co-operation and Development (OECD).
• Avoid shifting transactions to low-tax jurisdictions or tax havens without substantial operating business for the purpose of improper tax avoidance.
• Improve the professional intelligence and ability of tax personnel to optimize efficiency in tax management.
• Adhere to the concept of integrity governance, support the government to promote related policies of sustainability, and keep in close communication channels with local tax authorities.
• Always takes the impact of tax into consideration when making major business decisions.
• Optimize tax management and strengthen risk management in order to create value for shareholders.