The Company has established a Code of Corporate Governance to establish a sound corporate governance system and improve corporate governance performance. The ninth corporate governance evaluation conducted by the Stock Exchange for 2022, the company's performance in the listed companies ranked 6~20%. We will continue to improve the relevant rules and regulations, strengthen the functions of the board of directors, reinforce the disclosure of information, enhance functional committee operation, and ascertain the implementation of corporate governance.
The election of independent directors is in accordance with the terms and conditions of the Company Law and the Securities Exchange Act.
The Company has created two independent director positions since 2005. A candidate nomination system for independent directors was added to Article of Incorporation of the Company in 2007. Since 2008, 3 independent directors have been appointed out of 13 directors, which is in accordance with the regulation.
The Article of Incorporation was revised to adopt a candidate nomination system for all directors in the general meeting of shareholders in June of 2019. The nominating committee was established on December 20 of the same year. According to Article 192-1 of the Company Law, the qualifications of three independent director candidates were approved by the Board on May 10, 2020. Three independent director candidates including Mr. Han-shen Li, Mr. Ji-sheng Ye and Mr. Jiann-Fuh Chen were elected as independent directors in the general shareholder meeting of June 26, 2023.
| Position | Name |
|---|---|
| Independent Director | Han-shen Li |
| Ji-sheng Ye | |
| Jiann-Fuh Chen |
