Corporate Governance

Appointment of a Corporate Governance Director

The proposal for the appointment of a Corporate Governance Director was approved at the 4th meeting of the 10th Board on November 11, 2020, and the Group’s Chief Financial Officer Su, Hsin-Hung was appointed to concurrently serve in such function. Su has over 3 years of experience as a supervisor of stock affairs and in the corporate governance of public companies.

Responsibilities of the Corporate Governance Director

To take care of corporate governance-related affairs, including handling matters related to shareholders’ meetings, Board meetings, Audit Committee meetings, Remuneration Committee meetings, the Nomination Committee and various functional committees, assisting directors in taking office and complying with laws and regulations, providing directors with materials required to perform their businesses, and other matters required by laws and regulations, the Articles of Association, or contracts.

Continuing studies of the Corporate Governance Director

Completed 12 hours of further study in 2023.

Business implementation status

Implementation of corporate governance business in 2023

Ethical Corporate Management

Ethical Corporate Management Procedures and Code of Conduct

The Company conducts business activities based on the principles of fairness, honesty, trustworthiness, and transparency. In order to implement the ethical corporate management policy and actively prevent unethical conduct, the Procedures and Code of Conduct are formulated in accordance with the "Ethical Corporate Management Best Practice Principles for TWSE/GTSM Listed Companies" and relevant laws and regulations of the places where the Company and group enterprises and organizations operate, in order to specifically regulate the matters that the Company's personnel should pay attention to when conducting business.

Responsible Unit of ethical corporate management

The Company has assigned the "Group CEO Office" under the board of directors to promote corporate integrity management, which is responsible for the formulation and supervision of the implementation of integrity management policies and prevention plans, and regularly reports to the board of directors once a year.

Implementation of ethical corporate management

Implementation of ethical corporate management and measures taken by the Company in 2023

Accusations of unethical conduct

Measures for handling accusations of unethical conduct
Accusation channels:

Prevention of Insider Trading

The Procedures are formulated in accordance with paragraph 2, Article 8 of the Regulations Governing the Establishment of Internal Control Systems by Public Companies, and are designed to avoid and prevent those who have knowledge of the information from inadvertently engaging in insider trading due to their lack of knowledge of the regulations.

Measures for the Prevention of Insider Trading

Training and promotion

The online course on the principles of integrity management (including the value and boundaries of integrity management, confidentiality of significant information, formation and recognition of insider trading, etc.) was updated in December 2021, at which time all colleagues in Taiwan had completed the course.

Subsequently, the aforementioned courses were also made compulsory ones for all new employees. In 2023, a total of 406 colleagues completed 355 hours of study.