The Audit Committee assists the Board in executing its financial oversight responsibilities and other duties as set forth in the Company Act, the Securities and Exchange Act, and other applicable laws and regulations. Matters required to be reviewed by the Audit Committee include the Company's financial reports; auditing and accounting policies and procedures; internal control systems; material assets or derivatives transactions; offering or issuance of any equity-type securities; hiring or dismissal of an attesting CPA, or the compensation given thereto; and appointment or discharge of financial, accounting, or internal auditing officers.

The Audit Committee is comprised of all three independent directors and it meets at least once every quarter.

 

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.

The communicating items are summarized as follows:

Date	Communicating Items	Opinions and Results
2023.02.22 Audit Committee	The follow up status of audit defects and correction of irregularities in 2022 Q4 2022 Internal Control System Statements	No objections
2023.05.08 Audit Committee	The follow up status of audit defects and correction of irregularities in 2023 Q1
2023.08.10 Audit Committee	The follow up status of audit defects and correction of irregularities in 2023 Q2 The amendment of the " Procedures for Acquisition and Disposal of Assets”
2023.11.03 Separate Meeting	Discuss 2024 Audit Plan
2023.11.09 Audit Committee	The follow up status of audit defects and correction of irregularities in 2023 Q3 2024 Audit Plan

The Remuneration Committee shall perform the following duties and present its recommendations to the Board of Directors for discussion.

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.

Remuneration Committee Meeting Status

The Remuneration Committee has convened 2 meetings in 2023 with the following attendance:

Title	Name	Attendance in Person	By Proxy	Attendance Rate in Person (%)	Note
Convener	Chia-Ching Tong	1	0	100	Former
Convener	Wei-Shun Cheng	2	0	100	Re-elected
Committee Member	Xin-Wu Lin	2	0	100	Re-elected
Committee Member	Chiao-Mou Cheng	1	0	100	New-elected
Committee Member	Chih-Chun Tsai	0	1	0	New-elected

 Note: The Board of Directors appointed members of the 5th Remuneration Committee on Aug 7, 2023.

Date	Agenda	Opinions and Results by Remuneration Committee	Opinions Handling
2023.02.22 4th Term 6th Meeting	The distributions of 2022 employees’ and directors’ remuneration The proportion to the appropriation of employees’ and directors’ remuneration in 2023 The remuneration of managerial officers	No objections	Approved by the Board of Directors
2023.11.09 5th Term 1st Meeting	The 2023 remuneration of managerial officers