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Functional Committees

Members of the Functional Committees

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Name/Independent DirectorAudit committeeRemuneration committeeNominating CommitteeESG Committee
Hsiao-Che Chiang (Independent Director)V(Chairman)VVV
Yu-Chun Liu(Independent Director)VV(Chairman)VV
Pi-Chuan Sun (Independent Director)VVV(Chairman)V
Hsiao-Kang Ma (Independent Director)VVVV(Chairman)

Audit committee

This committee is composed of all independent directors (at least one of whom should have accounting or financial expertise). The four independent directors all meet the qualifications stipulated in the law in terms of professionalism, work experience, independence and number of concurrent independent directors, and the internal performance evaluation of the audit committee is conducted regularly every year. The Audit Committee meets at least once every quarter. For information on the meetings of this committee and the attendance rate of each member, please refer to the annual report of the Company’s shareholders’ meeting.

Main duties of the Audit Committee:

The Company has formulated the "Code of Corporate Governance Practices" with reference to the Code of Corporate Governance Practices for Listed Companies of the Stock Exchange, and has set out its diversity policy in Article 20. The specific management objectives for diversity for the current (29th) Board of Directors:

  • Establishment or amendment of the internal control system in accordance with Article 14-1 of the Securities and Exchange Act.
  • Evaluation of the effectiveness of the internal control system.
  • Establishment or amendment of the procedures for major financial or business activities such as acquisition or disposal of assets, engagement in derivative transactions, lending of funds to others, making endorsements or providing guarantees for others in accordance with Article 36-1 of the Securities and Exchange Act.
  • Matters involving the directors' personal interests.
  • Significant asset or derivative transactions.
  • Material loans, endorsements, or guarantees.
  • The offering, issuance, or private placement of marketable securities that are of an equity nature.
  • Appointment, discharge, or remuneration of CPAs.
  • Appointment or dismissal of the head of finance, accounting, or internal audit.
  • Annual financial statements signed or sealed by the chairperson, managers, and chief accounting officer.
  • Other important matters as required by the Company or the competent authority.

Summary of the Audit Committee’s Annual Key Focus Areas

Summary of the Audit Committee’s Annual Key Focus Areas

Communication Between Audit Committee Independent Directors and Internal Audit Supervisors/Accountants

Facts of communications by and between independent directors and Internal Audit Head as well as Certified Public Accountant(s) (should include issues regarding the Company's finance, financial conditions, facts in business operation and such key issues, the method of communications and the outcome thereof): Independent directors shall communicate individually with the internal audit director at least once a year to fully communicate on topics such as the main inspection comments of the Company's audit; and communicate with the CPAs at least once a year and report to the independent directors on the Company's financial condition, overall operations and internal control audits, as well as whether there are any significant adjustments to the accounting records or amendments to laws and regulations that affect the accounts. The opinions on the communication shall be made recorded and submitted to the Board of Directors. Facts of communications by and between independent directors and Internal Audit Head as well as Certified Public Accountant(s) are listed in the following table:

Meeting dateMeeting natureCommunication objectAttendeesTopicsResults of the Company’s actions
2024/01/16Audit committeeCPA
  • Independent Director Shu-Chen Tsai
  • Independent Director Hsiao-Che Chiang
  • Independent Director Kuang-Hua Yu
  • Independent Director Hsiao-Kang Ma
  • CPA Ching-Hsien Hsu
  • CPA Kuo-Cheng Kao
  • CPA Po-Yen Hsu
  1. Communication plan with governance units for 2023.
  2. Audit plan for the 2023 financial statements.
  3. Roles and functions of governance units within the company.
  4. Roles and responsibilities of the audit accountants
  5. Independence of the audit accountants.
  6. Names and relationships of related parties.
  7. Other matters.
  8. Recommendations for this audit conducted by our firm.
No opinion
for this meeting
2024/02/20Audit committeeCPA
  • Independent Director Shu-Chen Tsai
  • Independent Director Hsiao-Che Chiang
  • Independent Director Kuang-Hua Yu
  • Independent Director Hsiao-Kang Ma
  • CPA Po-Yen Hsu
  • CPA Ching-Hsien Hsu
  • CPA Kuo-Cheng Kao
  1. Discussion on opinions in the audit report
  2. Significant adjusted and unadjusted Entries
  3. Analysis of financial statements
  4. Material uncertainties affecting the assumption of continuing operations
  5. Selection of and changes in significant accounting estimates and principles
  6. Significant risks associated with the adoption of fair value measurements
  7. Possible impact of significant risks on the financial statements
  8. Significant internal control deficiencies
  9. Significant unresolved difficulties encountered during the audit process and any disagreements with management on key issues.
  10. Fraudulent or illegal events
  11. Critical audit items expected to be included in the audit report
  12. Confirmation of the completeness of all related party information for the period
  13. Suggestions from each other regarding the conduct of or cooperation with the audit for the period
  14. Other
No opinion
for this meeting
2024/02/20Audit committeeInternal Audit Director
  • Independent Director Shu-Chen Tsai
  • Independent Director Hsiao-Che Chiang
  • Independent Director Kuang-Hua Yu
  • Independent Director Hsiao-Kang Ma
  • Audit Director Wen-Ming Yang
  1. Audit Plan Executed as of December 2023.
  2. Lack of audit and improvement of anomalies in 2023
  3. Summary of Audit Plan Execution for 2023.
  4. Results of Internal Control Self-Assessment for 2023.
No opinion
for this meeting
2024/08/06Audit committeeCPA
  • Independent Director Hsiao-Che Chiang
  • Independent Director Hsiao-Kang Ma
  • Independent Director Pi-Chuan Sun
  • Independent Director Yu-Chun Liu
  • CPA Po-Yen Hsu
  • CPA Kuo-Cheng Kao
  1. Review Planning
  2. Analysis of consolidated financial position and consolidated financial performance
  3. Type of review report
  4. Significant adjusted and unadjusted Entries
  5. Significant review items and findings
  6. Impact of new laws and regulations
No opinion
for this meeting
2024/08/06Audit committeeInternal Audit Director
  • Independent Director Hsiao-Che Chiang
  • Independent Director Hsiao-Kang Ma
  • Independent Director Pi-Chuan Sun
  • Independent Director Yu-Chun Liu
  • Audit Director Wen-Ming Yang
  1. Audit Plan Executed from April to June 2024.
  2. Status of Improvements for Audit Findings and Irregularities from 2023 to 2024 (as of June 2024).
No opinion
for this meeting

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溝通對象Communication object
  • CPA
出席人員Attendees
  • Independent Director Shu-Chen Tsai
  • Independent Director Hsiao-Che Chiang
  • Independent Director Kuang-Hua Yu
  • Independent Director Hsiao-Kang Ma
  • CPA Po-Yen Hsu
  • CPA Ching-Hsien Hsu
  • CPA Kuo-Cheng Kao
溝通主題Topics
  1. Communication plan with governance units for 2023.
  2. Audit plan for the 2023 financial statements.
  3. Roles and functions of governance units within the company.
  4. Roles and responsibilities of the audit accountants
  5. Independence of the audit accountants.
  6. Names and relationships of related parties.
  7. Other matters.
  8. Recommendations for this audit conducted by our firm.
公司處理執行結果Results of the Company’s actions
  • No opinion for this meeting
溝通對象Communication object
  • CPA
出席人員Attendees
  • Independent Director Shu-Chen Tsai
  • Independent Director Hsiao-Che Chiang
  • Independent Director Kuang-Hua Yu
  • Independent Director Hsiao-Kang Ma
  • CPA Po-Yen Hsu
  • CPA Ching-Hsien Hsu
  • CPA Kuo-Cheng Kao
溝通主題Topics
  1. Discussion on opinions in the audit report
  2. Significant adjusted and unadjusted Entries
  3. Analysis of financial statements
  4. Material uncertainties affecting the assumption of continuing operations
  5. Selection of and changes in significant accounting estimates and principles
  6. Significant risks associated with the adoption of fair value measurements
  7. Possible impact of significant risks on the financial statements
  8. Significant internal control deficiencies
  9. Significant unresolved difficulties encountered during the audit process and any disagreements with management on key issues.
  10. Fraudulent or illegal events
  11. Critical audit items expected to be included in the audit report
  12. Confirmation of the completeness of all related party information for the period
  13. Suggestions from each other regarding the conduct of or cooperation with the audit for the period
  14. Other
公司處理執行結果Results of the Company’s actions
  • No opinion for this meeting
溝通對象Communication object
  • Internal Audit Director
出席人員Attendees
  • Independent Director Shu-Chen Tsai
  • Independent Director Hsiao-Che Chiang
  • Independent Director Kuang-Hua Yu
  • Independent Director Hsiao-Kang Ma
  • Audit Director Wen-Ming Yang
溝通主題Topics
  1. Audit Plan Executed as of December 2023.
  2. Lack of audit and improvement of anomalies in 2023
  3. Summary of Audit Plan Execution for 2023.
  4. Results of Internal Control Self-Assessment for 2023.
公司處理執行結果Results of the Company’s actions
  • No opinion for this meeting
溝通對象Communication object
  • CPA
出席人員Attendees
  • Independent Director Shu-Chen Tsai
  • Independent Director Hsiao-Che Chiang
  • Independent Director Kuang-Hua Yu
  • Independent Director Hsiao-Kang Ma
  • CPA Po-Yen Hsu
  • CPA Kuo-Cheng Kao
溝通主題Topics
  1. Review Planning
  2. Analysis of consolidated financial position and consolidated financial performance
  3. Type of review report
  4. Significant adjusted and unadjusted Entries
  5. Significant review items and findings
  6. Impact of new laws and regulations
公司處理執行結果Results of the Company’s actions
  • No opinion for this meeting
溝通對象Communication object
  • Internal Audit Director
出席人員Attendees
  • Independent Director Shu-Chen Tsai
  • Independent Director Hsiao-Che Chiang
  • Independent Director Kuang-Hua Yu
  • Independent Director Hsiao-Kang Ma
  • Audit Director Wen-Ming Yang
溝通主題Topics
  1. Audit Plan Executed from April to June 2024.
  2. Status of Improvements for Audit Findings and Irregularities from 2023 to 2024 (as of June 2024).
公司處理執行結果Results of the Company’s actions
  • No opinion for this meeting

Remuneration committee

The remuneration committee establishes a performance-linked remuneration system for the company from an independent and detached perspective, faithfully performs the duties assigned by the board of directors, and regularly proposes remuneration system plans or suggestions to the board of directors for discussion and resolution. The main powers of this committee are as follows:

  1. Formulate and regularly review policies, systems, standards and structures for performance evaluation and salary remuneration of directors and managers.
  2. Regularly evaluate and set the remuneration of directors and managers.

According to the organizational rules of the Company's Salary and Remuneration Committee, the members of this committee are appointed by resolution of the board of directors. The number of members shall not be less than three, and more than half of the members shall be independent directors. In addition, all members of this committee elect an independent director to serve as the convener and chairman of the meeting.
The remuneration committee convenes at least twice a year, and internal performance evaluations of the remuneration committee are conducted regularly every year. For information on the meetings of the committee and the attendance rate of each member, please refer to the annual report of the company's shareholders' meeting.

Remuneration policy

Maintaining internal
competitiveness in salaries

Enhancing the incentive effectiveness
of the compensation system

Maintaining internal
equity in salaries

Controlling the company's
personnel costs

Information on the members of the Remuneration Committee

IdentityNameQualification
Professional qualification and experienceCompliance of independence
Independent DirectorHsiao-Che Chiang
  1. Qualified as a lecturer in colleges and universities: Professor, Department of Chemical and Materials Engineering, National Central University (1983 - 2019, with 36 years of experience)
  1. I, my spouse and my second degree or closer relatives are not directors, supervisors or employees of the Company or its affiliated companies.
  2. I, my spouse, my second degree relatives do not hold shares in the Company (or in the names of others).
  3. I do not serve as a director, supervisor or employee of a company with a specific relationship with the Company (refer to Article 3, Paragraph 1, Paragraphs 5-8 of the Regulations Governing the Establishment and Compliance of Independent Directors of Public Companies).
  4. In the past two years, the Company or its affiliates have not paid me for any business, legal, financial, or accounting services.
Independent DirectorHsiao-Kang Ma
  1. Qualified as a lecturer in colleges and universities: Former Professor, Department of Mechanical Engineering, National Taiwan University (1987- 2017, 30 years of experience).
  1. I, my spouse and my second degree or closer relatives are not directors, supervisors or employees of the Company or its affiliated companies.
  2. I, my spouse, my second degree relatives do not hold shares in the Company (or in the names of others).
  3. I do not serve as a director, supervisor or employee of a company with a specific relationship with the Company (refer to Article 3, Paragraph 1, Paragraphs 5-8 of the Regulations Governing the Establishment and Compliance of Independent Directors of Public Companies).
  4. In the past two years, the Company or its affiliates have not paid me for any business, legal, financial, or accounting services.
Independent DirectorPi-Chuan Sun
  1. Qualifications and Experience
    Head of the Accounting Department, National Taipei University of Technology (1989–1997).
  2. Dean of the College of Management, National Taipei University of Technology (2012–2020).
    Chair of the Department of Business Administration, National Taipei University of Technology (2010–2016).
  3. Honorary Professor, National Taipei University of Technology (2022–present).
  1. I, my spouse and my second degree or closer relatives are not directors, supervisors or employees of the Company or its affiliated companies.
  2. I, my spouse, my second degree relatives do not hold shares in the Company (or in the names of others).
  3. I do not serve as a director, supervisor or employee of a company with a specific relationship with the Company (refer to Article 3, Paragraph 1, Paragraphs 5-8 of the Regulations Governing the Establishment and Compliance of Independent Directors of Public Companies).
  4. In the past two years, the Company or its affiliates have not paid me for any business, legal, financial, or accounting services.
Independent DirectorYu-Chun Liu
  1. With certificate of the National Examination for Accountants.
  2. Possesses extensive experience in finance and accounting operations. Practicing CPA (since 1997, with over 25 years of professional experience).
  1. I, my spouse and my second degree or closer relatives are not directors, supervisors or employees of the Company or its affiliated companies.
  2. I, my spouse, my second degree relatives do not hold shares in the Company (or in the names of others).
  3. I do not serve as a director, supervisor or employee of a company with a specific relationship with the Company (refer to Article 3, Paragraph 1, Paragraphs 5-8 of the Regulations Governing the Establishment and Compliance of Independent Directors of Public Companies).
  4. In the past two years, the Company or its affiliates have not paid me for any business, legal, financial, or accounting services.

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Professional qualification and experience
  1. Qualified as a lecturer in colleges and universities: Professor, Department of Chemical and Materials Engineering, National Central University (1983 - 2019, with 36 years of experience)
Compliance of independence
  1. I, my spouse and my second degree or closer relatives are not directors, supervisors or employees of the Company or its affiliated companies.
  2. I, my spouse, my second degree relatives do not hold shares in the Company (or in the names of others).
  3. I do not serve as a director, supervisor or employee of a company with a specific relationship with the Company (refer to Article 3, Paragraph 1, Paragraphs 5-8 of the Regulations Governing the Establishment and Compliance of Independent Directors of Public Companies).
  4. In the past two years, the Company or its affiliates have not paid me for any business, legal, financial, or accounting services.
Professional qualification and experience
  1. Qualified as a lecturer in colleges and universities: Former Professor, Department of Mechanical Engineering, National Taiwan University (1987- 2017, 30 years of experience).
Compliance of independence
  1. I, my spouse and my second degree or closer relatives are not directors, supervisors or employees of the Company or its affiliated companies.
  2. I, my spouse, my second degree relatives do not hold shares in the Company (or in the names of others).
  3. I do not serve as a director, supervisor or employee of a company with a specific relationship with the Company (refer to Article 3, Paragraph 1, Paragraphs 5-8 of the Regulations Governing the Establishment and Compliance of Independent Directors of Public Companies).
  4. In the past two years, the Company or its affiliates have not paid me for any business, legal, financial, or accounting services.
Professional qualification and experience
  1. Head of the Accounting Department, National Taipei University of Technology (1989–1997).
  2. Former Dean of the College of Management at National Taipei University of Technology (2012–2020) Former Chair of the Department of Business Management at National Taipei University of Technology (2010–2016)
  3. Honorary Professor, National Taipei University of Technology (2022–present).
Compliance of independence
  1. I, my spouse and my second degree or closer relatives are not directors, supervisors or employees of the Company or its affiliated companies.
  2. I, my spouse, my second degree relatives do not hold shares in the Company (or in the names of others).
  3. I do not serve as a director, supervisor or employee of a company with a specific relationship with the Company (refer to Article 3, Paragraph 1, Paragraphs 5-8 of the Regulations Governing the Establishment and Compliance of Independent Directors of Public Companies).
  4. In the past two years, the Company or its affiliates have not paid me for any business, legal, financial, or accounting services.
Professional qualification and experience
  1. With certificate of the National Examination for Accountants.
  2. Possesses extensive experience in finance and accounting operations. Practicing CPA (since 1997, with over 25 years of professional experience).
Compliance of independence
  1. I, my spouse and my second degree or closer relatives are not directors, supervisors or employees of the Company or its affiliated companies.
  2. I, my spouse, my second degree relatives do not hold shares in the Company (or in the names of others).
  3. I do not serve as a director, supervisor or employee of a company with a specific relationship with the Company (refer to Article 3, Paragraph 1, Paragraphs 5-8 of the Regulations Governing the Establishment and Compliance of Independent Directors of Public Companies).
  4. In the past two years, the Company or its affiliates have not paid me for any business, legal, financial, or accounting services.

Nominating Committee

Main responsibilities:

To enhance the supervisory responsibilities of the Board of Directors and strengthen the Board’s management mechanism, the Company has established a Nomination Committee in accordance with the "Nomination Committee Charter." On May 24, 2024, the 4th Nomination Committee was re-elected, consisting of four newly appointed independent directors. The scope of authority of the Nomination Committee includes the following: formulating standards for the professional knowledge, skills, experience, gender diversity, and independence required for members of the Board of Directors and senior executives; identifying, reviewing, and nominating candidates for directors and senior executives; structuring and developing the organizational framework of the Board and its committees; conducting performance evaluations of the Board, its functional committees, individual directors, and senior executives; assessing the independence of independent directors; establishing and periodically reviewing training plans for directors and succession plans for directors and senior executives.

ESG Committee

Main responsibilities:

  1. To develop sustainability policies, systems, or related management guidelines.
  2. To oversee the specific promotion plans and the implementation of sustainable development.
  3. To regularly evaluate the effectiveness of the implementation of the Company's sustainable development plan and report the results to the Board of Directors on a regular basis (at least once a year).
  4. To review the ESG Reports.
  5. To handle other matters resolved by the Board of Directors for the Committee.

Performance Evaluation

The Board of Directors disclosed information on the cycle, period, scope, method and content of the evaluation of the Board of Directors' performance.

Evaluation cycleEvaluation periodEvaluation scopeEvaluation methodEvaluation content
At least once a yearFrom 2022/01/01
to 2022/12/31

From 2023/01/01
to 2023/12/31

From 2024/01/01
to 2024/12/31		The whole Board of DirectorsInternal self-evaluation
(Evaluation of performance of members of Nominating Committee)
  • Level of participation in the Company’s operations
  • Improvement of the quality of the Board of Director' decision-making.
  • Composition and structure of the Board of Directors.
  • Election and ongoing education of directors
  • Internal control
Individual directorsSelf-evaluation of members
(Directors and independent directors implemented the evaluation)
  • Director’s awareness toward the Company’s goals and missions
  • Director’s awareness to duties
  • Level of participation in the Company’s operations
  • Management and communication of internal relations
  • Professionalism and ongoing education of directors
  • Internal control
Functional CommitteesInternal self-evaluation
(Evaluation of performance of members of Nominating Committee)
  • Level of participation in the Company’s operations
  • Responsibilities and duties of Functional Committee
  • Improvement of the quality of decisions made by Functional Committees
  • Composition of Functional Committees and selection of members
  • Internal control

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Evaluation performed once a year

Evaluation scope

The whole Board of Directors

Evaluation method

Internal self-evaluation (Evaluation of performance of members of Nominating Committee)

Evaluation content
  1. Level of participation in the Company’s operations
  2. Improvement of the quality of the Board of Director' decision-making.
  3. Composition and structure of the Board of Directors.
  4. Election and ongoing education of directors
  5. Internal control
Evaluation scope

Individual directors

Evaluation method

Self-evaluation of members(Directors and independent directors implemented the evaluation)

Evaluation content
  1. Director’s awareness toward the Company’s goals and missions
  2. Director’s awareness to duties
  3. Level of participation in the Company’s operations
  4. Management and communication of internal relations
  5. Professionalism and ongoing education of directors
  6. Internal control
Evaluation scope

Functional Committees

Evaluation method

Internal self-evaluation (Evaluation of performance of members of Nominating Committee)

Evaluation content
  1. Level of Involvement in Company Operations
  2. Responsibilities and duties of Functional Committee
  3. Improvement of the quality of decisions made by Functional Committees
  4. Composition of Functional Committees and selection of members
  5. Internal control

Functional committee performance evaluation

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Level of participation in the Company’s operations
Number of Indicators

4

Proportion

15.4%

Point

4.94

Fraction

15.19

Improvement of the quality of the Board of Director' decision-making.
Number of Indicators

8

Proportion

30.8%

Point

4.88

Fraction

30.00

Composition and structure of the Board of Directors.
Number of Indicators

7

Proportion

26.9%

Point

4.93

Fraction

26.54

Election and ongoing education of directors
Number of Indicators

4

Proportion

154%

Point

4.94

Fraction

15.19

Internal Control
Number of Indicators

3

Proportion

11.5%

Point

5.00

Fraction

15.44

Assessment results
Number of Indicators

26

Proportion

100%

Point

4.91

Fraction

98.46

Level of participation in the Company’s operations
Number of Indicators

4

Proportion

15.4%

Point

5.00

Fraction

15.38

Improvement of the quality of the Board of Director' decision-making.
Number of Indicators

8

Proportion

30.8%

Point

4.94

Fraction

30.38

Composition and structure of the Board of Directors.
Number of Indicators

7

Proportion

26.9%

Point

4.96

Fraction

26.73

Election and ongoing education of directors
Number of Indicators

4

Proportion

15.4%

Point

4.94

Fraction

15.19

Internal Control
Number of Indicators

3

Proportion

11.5%

Point

4.92

Fraction

11.35

Assessment results
Number of Indicators

26

Proportion

100.0%

Point

4.96

Fraction

99.03

Level of participation in the Company’s operations
Number of Indicators

4

Proportion

15.4%

Point

5.00

Fraction

15.38

Improvement of the quality of the Board of Director' decision-making.
Number of Indicators

8

Proportion

30.8%

Point

4.75

Fraction

29.23

Composition and structure of the Board of Directors.
Number of Indicators

7

Proportion

26.9%

Point

4.93

Fraction

26.54

Election and ongoing education of directors
Number of Indicators

4

Proportion

15.4%

Point

4.75

Fraction

14.62

Internal Control
Number of Indicators

3

Proportion

11.5%

Point

5.00

Fraction

11.54

Assessment results
Number of Indicators

45

Proportion

100.0%

Point

4.85

Fraction

97.31

2024

PerspectiveNumber of IndicatorsProportionPointFraction
Level of participation in the Company’s operations
4
15.4%
4.94
15.19
Improvement of the quality of the Board of Director' decision-making.
8
30.8%
4.88
30.00
Composition and structure of the Board of Directors.
7
26.9%
4.93
26.54
Election and ongoing education of directors
4
15.4%
4.94
15.19
Internal Control
3
11.5%
5.00
11.54
Assessment results
26
100%
4.91
98.46

2023

PerspectiveNumber of IndicatorsProportionPointFraction
Level of participation in the Company’s operations
4
15.4%
5.00
15.38
Improvement of the quality of the Board of Director' decision-making.
8
30.8%
4.94
30.38
Composition and structure of the Board of Directors.
7
26.9%
4.96
26.73
Election and ongoing education of directors
4
15.4%
4.94
15.19
Internal Control
3
11.5%
4.92
11.35
Assessment results
26
100.0%
4.96
99.03

2022

PerspectiveNumber of IndicatorsProportionPointFraction
Level of participation in the Company’s operations
4
15.4%
5.00
15.38
Improvement of the quality of the Board of Director' decision-making.
8
30.8%
4.75
29.23
Composition and structure of the Board of Directors.
7
26.9%
4.93
26.54
Election and ongoing education of directors
4
15.4%
4.79
14.62
Internal Control
3
11.5%
5.00
11.54
Assessment results
26
100.0%
4.85
97.31

Assessment results

  1. In 2022, there are 4 major aspects and 26 indicators. The overall score is 4.85 points/5 points, and the converted score is 97.31 points/100 points. The rating is excellent. Members of the functional committee have their own expertise and have made active and effective contributions to strengthen the Understanding of the management team (senior managers).
  2. In 2023, there are 4 major aspects and 26 indicators. The overall score is 4.96 points/5 points, and the converted score is 99.03 points/100 points. The rating is excellent, serious and professional, and dedicated.
    Salary and Remuneration Committee: [Overall score 4.88 points/5 points], excellent rating.
    Audit Committee: [Overall score 4.96/5 points], excellent rating.
  3. In 2024, the evaluation was conducted across four major dimensions and 26 indicators. The overall score was 4.91 out of 5, equivalent to 98.46 out of 100. Each functional committee demonstrated a clear and well-defined role, operated effectively, and properly documented the resolutions and outcomes of their meetings.

File Download

2021 Board of Directors Performance Evaluation Report (External Assessment) 2024 Board of Directors Performance Evaluation Report (External Assessment)

Conclusion

The evaluation results for the Board of Directors, individual board members, and functional committees for the years 2022, 2023, and 2024 all exceeded 94 out of 100 points, with scores in each dimension reaching above 4.5 out of 5. Overall, the Board's performance was rated as excellent.