Committee

The Audit Committee consists of all independent directors, aimed primarily at assisting the Board in overseeing the company in executing the following matters:

• Appropriate presentation of the company's financial statements.
• Appointment (dismissal) of the signing accountant and their independence and performance.
• Effective implementation of internal control within the company.
• The company's adherence to applicable laws and regulations.
• Management of existing or potential risks within the company.

Powers of the Audit Committee

• Establishing or amending internal control systems in accordance with Article 14-1 of the Securities and Exchange Act.
• Assessment of the effectiveness of internal control systems.
• Establishing or amending procedures for significant financial transactions, such as acquiring or disposing of assets, engaging in derivative commodity trading, lending funds to others, endorsing for others, or providing guarantees, in accordance with Article 36-1 of the Securities and Exchange Act.
• Matters involving conflicts of interest for directors themselves.
• Transactions of significant assets or derivative commodities.
• Significant lending of funds, endorsements, or providing guarantees.
• Raising, issuing, or privately placing equity securities.
• Appointment, dismissal, or remuneration of the signing accountants.
• Appointment or dismissal of financial, accounting, or internal audit managers.
• Annual financial reports signed or stamped by the Chairman, CEO, and Accounting Manager, as well as the second-quarter financial reports that require certification by auditors.
• Business reports, proposals for profit distribution or deficit offsetting.
• Other significant matters as required by other companies or regulatory authorities.

Professional Qualifications and Experience of Audit Committee Members

• Please refer to Biographies of Board Members。

Operation of the Audit Committee

• This committee shall meet at least once every quarter, and additional meetings may be convened as needed.

• Records of attendance of the Audit Committee in 2022.

  

Members of the Remuneration Committee are appointed by the Board for a term that coincides with the tenure of the appointing Board. The committee shall consist of at least three members, one of whom acts as the convener. At least one independent director should participate in this committee.

Powers of the Remuneration Committee

According to the organizational regulations, the following powers are prescribed, and suggestions made should be presented to the Board for discussion:

• Establish and regularly review policies, systems, standards, and structures for the performance evaluation of directors and executives, as well as compensation and remuneration.

• Regularly evaluate the compensation of directors and executives of the company.

Professional Qualifications and Experience of Remuneration Committee Members

• Please refer to Biographies of Board Members。

Operation of the Remuneration Committee

• This committee should convene at least twice a year and may hold additional meetings as necessary.

• Records of attendance of the Compensation Committee in 2022.