Remuneration Committee
To enhance corporate governance and strengthen the management of salary compensation, the company has established a Compensation Committee in accordance with the "Regulations Governing the Establishment and Exercise of Powers of Remuneration Committees of Companies Whose Stock is Listed on the Stock Exchange or
Traded Over-the-Counter at Securities Firms.
The Compensation Committee consists of three members and convenes meetings at least twice a year.
The members are appointed by resolution of the Board of Directors, and the term of office for the members of this committee is the same as that of the appointing Board of Directors.
Responsibilities:
The members of this committee shall exercise the duty of care of a good administrator, faithfully fulfill the following responsibilities,be accountable to the Board of Directors, and submit the proposed recommendations for discussion by the Board of Directors.
- Develop and periodically review policies, systems, standards, and structures for the evaluation of the performance and compensation of directors and executives.
- Conduct regular assessments and establish compensation for directors and executives.
Operation of Remuneration Committee:
- The Company has a Remuneration Committee composed of three members.
- Term of the current Committee: From June 19, 2020 to June 18, 2023.
- Since 112 years (updated to 113/10/23), the attendance status of committee members is as follows:
Position | Name | Attendance in Person | Attended by Proxy | Attendance Rate (%) | Remark |
|---|---|---|---|---|---|
| Convener | Hsiao-Chen Chuang | 2 | 0 | 100 | None |
| Committee Member | Chao-Fu Shih | 2 | 0 | 100 | None |
| Committee Member | Ching-Ying Wang | 2 | 0 | 100 | None |
Meeting date | Item | Resolutions | The Company handled opinions from |
|---|---|---|---|
| October 23,2024 (Second) | 1. Approved the 2023 Employee compensation discussion case for senior managers. 2. Proposed the 2024 Salary Adjustment for Senior Executives. | Report item N/A | N/A |
| Febryary 23,2024 (First) | 1. Approved the 2023 distribution of employees and directors' remuneration. 2. Proposed the 2023 compensation distributions to senior managerial officers. 3. Proposed the 2024 compensation distributions to senior managerial officers. 4. Proposed the 2024 Bonus and Salary Adjustment Policy Discussion for Senior Managers.。 | Convener of the Remuneration Committee consulted the opinion | Proposed and approved by unanimous consent of all attending directors at the Board meeting. |
| October 25,2023 (Second) | 1. Approved the 2022 Employee compensation discussion case for senior managers. 2. Proposed the 2023 Salary Adjustment for Senior Executives. | Report item N/A | N/A |
| Febryary 22,2023 (First) | 1. Approved the 2022 distribution of employees and directors' remuneration. 2. Proposed the 2022 compensation distributions to senior managerial officers. 3. Proposed the 2023 compensation distributions to senior managerial officers. 4. Proposed the 2023 Bonus and Salary Adjustment Policy Discussion for Senior Managers.。 5. Proposal to Amend the "Remuneration Measures for Directors and Functional Committee Members". 6. Proposing a plan for the allocation ratio of remuneration for employees and directors. | Convener of the Remuneration Committee consulted the opinion | Proposed and approved by unanimous consent of all attending directors at the Board meeting. |
| April 18,2022 (Second) | 1. The salary review proposal for the General Manager of the company. | Convener of the Remuneration Committee consulted the opinion | Proposed and approved by unanimous consent of all attending directors at the Board meeting. |
| Febryary 24,2022 (First) | 1. Approved the 2021 distribution of employees and directors' remuneration. 2. Proposed the 2022 compensation distributions to senior managerial officers. | Convener of the Remuneration Committee consulted the opinion | Proposed and approved by unanimous consent of all attending directors at the Board meeting. |
Other items that shall be recorded:
- If the Board of Directors chooses not to adopt or revise recommendations proposed by the Remuneration Committee, the date of the Directors’ Meeting, session, contents of proposals, results of meeting resolutions, and the Company’s disposition of opinions provided by the Remuneration Committee shall be described in detail (also, where the salary and compensation approved by the Directors’ Meeting is better than that recommended by the Remuneration Committee, the differences and the reason for the approval shall be described in detail): None.
- For the decisions made by the Remuneration Committee, if there are members who hold objection or reservation to a resolution and such objection or reservation is on record or raised through a written statement, the date, session, contents of proposals, all members' opinions, and ways in handling these opinions should be elaborated: None.