Corporate Governance

Audit Committee

"The Company established an Audit Committee on 29 Oct. 2024 to assist the Board of Directors in overseeing the fair presentation of the Company’s financial statements; the selection, dismissal, independence and performance of the certified public accountant providing attestation services; the effective implementation of the internal control system; compliance with relevant laws and regulations; and the management of existing or potential risks. Matters under the Audit Committee’s review include the formulation or amendment of the internal control system and the assessment of its effectiveness; the formulation or amendment of procedures governing major financial transactions such as the acquisition or disposal of assets, engagement in derivative transactions, lending of funds to others, and provision of endorsements or guarantees; transactions involving a director’s personal interest; material asset or derivative transactions, significant loans, endorsements or guarantees, and the raising, issuance or private placement of equity-type securities; the appointment, dismissal or remuneration of the attesting CPA; the appointment or dismissal of senior officers in charge of finance, accounting or internal audit; and the annual and semi-annual financial reports.

The first Audit Committee is composed of four Independent Directors, including one attorney licensed in the Republic of China (Taiwan), one attorney licensed in the State of New York (USA), and two members with expertise in finance, marketing and strategic management. The Committee meets at least once each quarter and may convene additional meetings whenever necessary. Pursuant to its Charter, the Audit Committee is empowered to conduct any appropriate audits and investigations and maintains direct communication channels with the Company’s internal auditors, the attesting CPA and management."

Compensation Committee

The Company established a Compensation Committee in 2024 to recommend, evaluate and supervise remuneration policies and packages for the Company’s directors, supervisors and managerial officers, thereby assisting the Board of Directors in discharging its compensation-related duties. Acting on its professional judgment, the Committee assesses the remuneration of the Company’s highest governance bodies and senior executives considering the Company’s overall business performance. The first Compensation Committee is composed of three Independent Directors appointed by the Board.

Sustainability and Strategy Committee (Sustainability Development and Strategy Committee)

Established in May 2025, the Sustainability and Strategy Committee is tasked with advancing the Company’s sustainability objectives, reinforcing ESG governance, and steering medium- to long-term strategic development to maximize corporate value and deepen sustainable operations. The Committee formulates, promotes, and strengthens sustainability policies, annual plans, and related strategies; oversees the implementation and effectiveness of sustainability initiatives; ensures accurate disclosure of sustainability information; and supervises all other sustainability- and strategy-related work processes.