Corporate Governance Structure
Corporate Governance Structure
On May 11, 2020, the Board of Directors resolved to establish a corporate governance supervisor position. On July 3, 2024, Manager Lin Yan-Qiu was designated as the corporate governance supervisor to protect shareholders’ rights and strengthen the board of directors’ functions. Manager Lin Yan-Qiu has over three years of experience in financial and shareholder services management in publicly traded companies. The primary responsibilities of the corporate governance supervisor include providing directors with necessary operational information, assisting directors in complying with laws and regulations, and handling board of directors and shareholders’ meeting-related matters in accordance with legal requirements.
Operational performance in 2024 was as follows:
- Regularly informing the Board of Directors of the latest changes and developments of laws and regulations related to the Company’s business field and corporate governance.
- Handling the operation of the Board of Directors and the functional committees according to laws.
- Planning and implementing the director education courses.
- Insurance and maintenance of directors liability insurance.
- 2024 performance evaluation of the Board of Directors shall be carried out in accordance with the “Performance Evaluation Method of the Board of Directors” established by the Company.
- Responsible for all matters related to the shareholders’ meeting.
- Reviewing the achievement of corporate governance evaluation indicators and proposing the improvement plans and countermeasures for the indicators that are not achieved.
- Overseeing the preparation of the 2024 Sustainability Report.
Preventing insider trading education promotion
The Company hosts educational awareness training pertaining to “Prevention of Insider Trading”,”Corporate Govemance Best Practice Principles” and relevant regulations at least once a year. Newly appointed directors and managers will be scheduled for these courses respectively. The Company’s current directors and management has undertaken the aforementioned education training on May 27, 2024. The course includes non-disclosure related issues regarding material information, the definition of insider trading, and case studies.