On November 8, 2024, the Company established a Risk Management Committee, which is composed of 4 independent directors, all of whom have expertise in "risk management" and "corporate governance", and all members meet the professional competencies required by the Committee, with the aim of strengthening corporate governance and enhancing the effectiveness of the Board.
1. Main duties of the Risk management committee
(1) Review the risk management framework and risk management policy.
(2) Review periodic risk management reports.
(3) Review material risk management matters as prescribed by the Company or the competent authority.
(4) Review the risk management related proposals that should be submitted to the Board of Directors.
(5) Perform other matters as instructed by the Board to be handled by the Risk Management Committee.
2. Member of the Risk management committee
|
Title |
Criteria
Name |
Professional Qualification Requirements and Work Experience |
|
Independent director
(convener) |
Huang Yi Wen |
Attorney-at-law of H.Y. Construction Law Firm, with crisis management skills and leadership ability |
|
Independent director |
Chou Tse Yi |
Chief of Accountant, USI, with accounting and financial analysis and crisis management skills, leadership and decision-making ability |
|
Independent director |
Renn Jyh Chyang |
Professor of Department of Mechanical Engineering, National Yunlin University and Consultant of Taiwan Fluid Power Association, with industry knowledge and crisis management skills |
|
Independent director |
Lin Ken Mao |
Chairman of Welldar Industrial Co., Ltd., with ability of operation management and operational judgment |
3. Operation of the Risk management committee
Term of the committee members: August 15, 2025 ~ May 20, 2028. A total of 2 meeting of the risk management committee were held in the most recent years. Director attendance was as follows:
|
Name and Title |
Attendance in Person |
By Proxy |
Attendance rate (%) |
Remark |
|
Huang Yi Wen
Independent director
(convener) |
2 |
0 |
100% |
None |
|
Chou Tse Yi
Independent director |
2 |
0 |
100% |
None |
|
Renn Jyh Chyang
Independent director |
2 |
0 |
100% |
None |
|
Lin Ken Mao
Independent director |
2 |
0 |
100% |
None |
|
Note:
The date, period, content of the main resolutions of the Risk Management Committee, the contents of the proposals, the contents of the recommendations or objections of the members of the Risk Management Committee, the results of the resolutions, and the Company's handling of the opinions of the Risk Management Committee.
|
The Risk Management Committee Date |
Proposal Contents |
Results |
Company’s respond to the opinions of the remuneration committee |
|
August 15, 2025
The first meeting of the Risk Management Committee of the second term |
Election of the convener of the Risk Management Committee and the chairman of the meeting of the Company |
All members elected Huang Yi Wen as the convenor of the Risk Management Committee and the chairman of the meeting. |
No objection. |
|
November 13, 2025
The second meeting of the Risk Management Committee of the first term |
Approve the amendments to the “Risk Management Policy and Measures” of the Company |
All members agree. |
No objection. |
|