Board of Directors and Functional Committees

Compensation Committee

The Company elected directors, which included 3 independent directors of all 7 members, for the 7th term on 2023 Annual Shareholders’ Meeting. And Compensation Committee for the 6th term.
The term of the 5th Compensation Committee：August 7, 2023 thru June 11, 2026.

Members of Compensation Committee

According to Article 4 of “Compensation Committee Charter” stipulated by the Company, the functions of the Committee are to professionally and objectively evaluate the policies and systems for compensation of the directors and managerial officers of the Company, and submit recommendations to the Board of Directors for its reference in decision making.

Members	Compensation Committee
Independent Director: Mr. Geng-Wang, Liaw	Chair
Independent Director: Ms. Chi, Chih	Member
Independent Director: Mr. Ming-Liang, Kao	Member

The Attendance of Compensation Committee

A total of 3 (A) Compensation Committee meetings were held in the previous period (2025). The attendance of the independent directors was as follows:

Title	Name	Number of personal attendance(B)	Attendance rate(%)【B/A】
Convener	Mr. Geng-Wang, Liaw	3	100%
Member	Ms. Chi, Chih	3	100%
Member	Mr. Ming-Liang, Kao	3	100%

The Focus of the Compensation Committee: Periodically Review on the Policies, Systems, Standards, and Structures for Compensation

Establish and periodically review the performance assessment criteria for the Company’s directors and managers, annual and long-term performance objectives, as well as the policies, systems, standards and structures for compensation, indicating contents of performance assessment criteria in annual reports.
Periodically assess the achievement in performance objectives for the Company’s directors and managers, establishing the details and amount regarding their individual compensation.

The Resolution of the Compensation Committee

Date of Remuneration Committee meeting	Term	Discussion items	Resolution	The Company's handling of the opinions of Remuneration Committee members
March 13, 2024	3rd meeting of the 6th Board	Report on the 2023 distribution of remuneration to employees and Directors. Review of the Company’s manager performance evaluation and remuneration standards. Review of the Company’s existing regulations governing distribution of remuneration to employees. Report on the Board of Directors’ performance evaluation results. 2023 Directors’ remuneration report Review on distribution of year-end bonuses to managers in 2023. Review and adjustment of remuneration of the Company’s Chairman and Vice Chairman. Proposal for the Company to implement Employee Stock Ownership Trust.	Unanimous concurrence by the Committee	Passed unanimously after submission to the Board of Directors.
May 2, 2024	4th meeting of the 6th Board	Propose to change the Company’s Chief Investment Officer.	Unanimous concurrence by the Committee	Passed unanimously after submission to the Board of Directors.
November 6, 2024	5th meeting of the 6th Board	Proposed provision of remuneration to directors and employees for 2024. Implementation of the Company’s 2024 plan for succession of the Board of Directors and key management positions. Formulation of the 2025 work plan of Compensation Committee.	Passed unanimously after submission to the Board of Directors.	Unanimous concurrence by the Committee