To enhance the supervisory functions and strengthen management capabilities, the Company's shareholders' meeting elected four independent directors on May 28, 2024. In accordance with the Securities and Exchange Act, the Board of Directors has established an Audit Committee under the Board. The Audit Committee is composed of all independent directors. The main purposes of the Audit Committee's operations are to oversee the fair presentation of the Company's financial statements, the selection/dismissal, independence, and performance of the certified public accountants, the effective implementation of the Company's internal controls, compliance with relevant laws and regulations, and the management of existing or potential risks faced by the Company. 

 

--Review of financial reports. 
--Review of internal control systems and related policies and procedures. 
--Review of the effectiveness of internal control systems. 
--Review of legal compliance. 
--Review of material assets or derivative transactions. 
--Review of derivative financial instruments and cash investment situations. 
--Review of fundraising or issuance of securities. 
--Review of related-party transactions and potential conflicts of interest involving managers and directors. 
--Review of the appointment, dismissal, and independence of certified public accountants. 
--Review of the appointment or dismissal of financial, accounting, or internal audit supervisors. 
--Performance of the Audit Committee's duties. 
--Self-assessment questionnaires on Audit Committee performance. 

 

Current term:  2024/05/28 to 2027/05/27 

 

Additional Notes

I. If the Audit Committee experiences any of the following situations, details must be disclosed, including meeting date, session number, agenda items, independent directors' objections, reservations, or major recommendations, the resolution results, and how the Company addressed the Committee's opinions.
1. Matters listed in Article 14-5 of the Securities and Exchange Act – see the table below. 
2. Other matters not approved by the Audit Committee but passed by more than two-thirds of all directors – see the table below. 

 

I. Matters under Article 14-5 of the Securities and Exchange Act:

II. Execution of Recusal by Independent Directors for Related-party Proposals：The disclosure shall include the names of the independent directors, the content of the proposals, the reasons for recusal, and their voting status. No such cases occurred.