Functional Committees

The Audit Committee of the Company is composed entirely of independent directors and is responsible assisting the Board of Directors in enhancing corporate governance effectiveness. Its duties and responsibilities include:

1. Adoption or amendment of the internal control system, handling procedures for financial or operational actions of material significance, such as acquisition or disposal of assets and derivatives trading; and assessment of the effectiveness of the internal control system.
2. A matter relating to the personal interest of a director.
3. A material asset or derivatives trade.
4. Review of transactions involving related parties or transaction observation objects that are required by applicable law or the company’s internal regulations to be submitted to the Board of Directors for approval.
5. The offering, issuance, or private placement of any equity-type securities.
6. The engagement, discharge, or compensation of an attesting CPA ,and the appointment or discharge of a financial, accounting, or internal auditing officer.
7. Annual and second-quarter financial reports signed or sealed by the chairperson, managerial officer, and accounting officer.
8. Proposals relating to business report, profit distribution, or loss compensation.
9. Duties to be performed by the Special Committee on Mergers and Acquisitions in accordance with applicable laws.
10. Any other material matters as required by the Company or the competent authority.

The Audit Committee convenes regular meetings on a quarterly basis. Within the scope of its authority, it may require relevant department heads, internal auditors, certificated public accountants, legal counsel, or other personnel to attend meetings and provide necessary information.