Board of Directors

All Directors according to the Procedures for Election of Directors adopt nomination system for elections. The professional qualifications, shareholdings, restrictions on concurrent employment, recognition of independence, nomination and election of independent directors and other matters should be in accordance with the relevant regulations of the competent securities authorities. 

In accordance with the aforementioned regulations, the current term of independent directors was submitted to the Board of Directors for discussion and approval, and during the period when nominations were announced, relevant documents were examined and submitted to the Company for nomination, and the shareholders’ meeting was requested to elect the candidates from the list of candidates.

Download Here-Procedures for Election of Directors

2024 Board Meeting Attendance

To upgrade the Corporate governance’s target, the board of directors’ ability including but not limited to Operational judgment ability, Accounting and financial analysis ability, Operation management ability, Crisis management ability, Industrial knowledge, International market outlook, Leadership, Decision-making ability, Management Risk knowledge and ability：

According to the “Rules for Performance Evaluation of Board of Directors” executes evaluation every year. The performance evaluation of the Board of Directors in 2020 includes five aspects as follows. 

1. The degree of participation in operation of the Company. 
2. Improvement of the decision-making quality of the Board of Directors.
3. Composition and structure of the Board of Directors.
4. Election and continuing education of directors.
5. Internal control.

If the Company executes evaluation of the performance of functional committees, the evaluation items shall include at least the following 5 main aspects:

1. Level of participation in the operation of the company.
2. Awareness of the duties of functional committees.
3. Improvement of the quality of decisions by functional committees.
4. Composition of functional committees and election of members.
5. Internal control.

The Finance Department is using questionnaires to evaluate the Performance of the Board of Directors and functional committees. According to the four parts to evaluation, including the board of directors operation, director participation, remuneration committee operation and audit committee.

• The performance evaluation of the Board of Directors for the year 2024 has been completed, with a score 5 out of 5. The evaluation results were reported to the Board of Directors on January 21, 2025.

  The performance evaluation of the functional committees for the year 2024 has been completed, with a score 5 out of 5. The evaluation results were reported to the Board of Directors on January 21, 2025.

  The self-evaluation results for the Board of Directors and functional committees for the year 2024 were all rated as excellent, indicating that overall operations are functioning well.

  The Company has set up the “Rules for Performance Evalua-tion of Board of Directors.” It is also stated in the practice that the evaluation shall be carried out by an external independent institution or an external team of experts and scholars at least once every three years.

  In 2023, the Taiwan Corporate Governance Association was entrusted with the performance evaluation of the Board of Directors. Please refer to the following link for more information:
   

  • Download Performance Evaluation of Board of Directors

   

  In addition, the Company has disclosed the “Rules for Performance Evaluation of Board of Directors” on the website for reference.

The company has made the succession planning for the board of directors and major management.