Committees
Audit Committee
The Audit Committee of our company was established in July 2021, consisting of four independent directors. The Audit Committee aims to assist the Board of Directors in overseeing the quality and integrity of the company’s accounting, auditing, financial reporting processes, and financial controls.
Board Committee Members:
|
Title |
Name |
Education |
Experience |
|
Independent director |
Huang, Hsian-Fang |
Department of Accounting, National Taiwan University |
Manager of Finance and Administration Department, DAS Asia Limited Taiwan Branch (H.K.) |
|
Independent director |
Chou, Rong-Hua |
Ph. D, Department of Mechanical Engineering, University of Washington |
Director/Deen, Department of Engineering Science, National Cheng Kung University |
|
Independent director |
Wu, Ying-Chi |
Physics Group, Department of Science Education, Taiwan |
Provincial College of Education Vice President, United Microelectronics Corporation |
|
Independent director |
Yang, Shi-Jin |
Ph. D, Department of Mechanical Engineering, University of Wisconsin |
Research and development engineering of Dallas Headquarter of Texas Instruments |
The operation of the Audit Committee primarily focuses on supervising the following matters:
- The proper representation of the company’s financial statements.
- The selection (or dismissal) and independence and performance of the certified public accountants.
- The effective implementation of internal controls.
- The company’s compliance with relevant laws and regulations.
- The control of existing or potential risks within the company.
The duties of the Audit Committee are as follows:
- Formulating or amending internal control systems.
- Assessing the effectiveness of internal control systems.
- Formulating or amending procedures for significant financial business activities such as acquiring or disposing of assets, engaging in derivative product transactions, lending funds to others, and endorsing or providing guarantees for others.
- Matters involving the interests of the directors themselves.
- Significant asset or derivative product transactions.
- Significant lending of funds, endorsements, or provision of guarantees.
- Fundraising, issuing, or private placement of securities with equity characteristics.
- Appointment, dismissal, or remuneration of certified public accountants.
- Appointment or dismissal of financial, accounting, or internal audit directors.
- Annual financial reports signed or stamped by the chairman, managers, and accounting directors, and the second-quarter financial reports that require auditing and certification by accountants.
- Other significant matters stipulated by the company or regulatory authorities.
Salary and Remuneration Committee
The Company established the Salary and Remuneration Committee by the resolution of Board of Directors on October 21, 2011. The members of the committee assesses the salary and remuneration policy and system of the directors, supervisors, and managerial officers of the Company from the professional and objective perspective and proposes suggestions to the Board of Directors as the reference for decision making. Please visit the MOPS for the organizational rules of the Salary and Remuneration Committee.
Information of the members of the Salary and Remuneration Committee
|
Identity |
Name |
Number of other public companies in which the individual is concurrently serving as a member of the Salary and Remuneration Committee |
|
Independent director |
Huang, Hsian-Fang |
None |
|
Independent director |
Chou, Rong-Hua |
None |
|
Independent director |
Wu, Ying-Chi |
None |
