Risk Management Committee

The Risk Management Committee (hereinafter referred to as the “Committee”) of the Company was designated a functional committee on April 1, 2023. The Committee comprises at least 3 directors appointed by the Board of Directors (hereinafter referred to as the “BOD”), and more than half of the Committee members are independent directors. The Committee is established to perfect the risk management function of the Company, strengthen corporate governance, and enhance the performance of the BOD. The Committee’s powers are as below:

1. Review the Company’s risk management policies and guidelines
2. Review the Company’s annual risk appetite or the limits that require the BOD’s approval
3. Review the Company’s risk management implementation status, which shall be consolidated by the Risk Management Division and report to the BOD on a quarterly basis
4. Review other risk management related agendas to be reported to the BOD
5. Implement other matters instructed by the BOD to the Committee for processing

The Committee shall be convened at least once every quarter and may call a meeting at its discretion whenever necessary. It may resolve to appoint attorneys, certified public accountants, or other professionals to offer consulting assistance.