The Audit Committee members‘ professional qualifications and experience, please refer to the Board of Directors and the Annual Report.

 

Communication between Independent Directors and Chief Internal Audit

Monthly audit reports and follow-up reports by the chief internal audit are delivered to the Audit Committee for review by the end of the following month. The chief internal audit attends the Audit Committee and the Board of Director to present audit reports, follow-up reports, annual audit plans, and the result of self-assessments of internal control every quarter, and communicates the annual audit plan with independent directors individually every year. Independent directors learn about the company‘s operating conditions and audit conditions through the Board of Directors, the Audit Committees, and the Auditing Administration Division regularly reports. We communicate efficiently through telephone, fax, email and other channels. In case of material events, the meetings may be convened at any time.

1. Periodically reviewing the Charter and making recommendations for amendments.
2. Establish and regularly review the performance evaluation of the directors and managers, and the remuneration policy, system, standard, and structure for the directors and managers.
3. Evaluate the performance of the directors and managers in view of goals and objectives, and based on this evaluation, recommending to the Board of Directors appropriate remuneration levels for the directors and managers.

The Remuneration Committee is comprised of all four independent directors and it meets at least twice every year.

The Remuneration Committee members‘ professional qualifications and experience, please refer to the Board of Directors and the Annual Report.

Remuneration Committee Meeting Status

Professional Qualifications and Experience of Committee Members