In order to strengthen the functions of the Board of Directors and the internal control mechanism, the Company has set up an Audit Committee. The Audit Committee is composed of all independent directors and holds meetings at least once a quarter. In addition, the “Organizational Regulations of Audit Committee” have been formulated, and its functions and powers are stipulated as follows:

• Adoption of or amendments of an internal control system pursuant to Article 14-1 of the Securities and Exchange Act.
• Assessment of the effectiveness of the internal control system.
• Adoption or amendment, pursuant to Article 36-1 of the Securities and Exchange Act, of the procedures for handling financial or business activities of a material nature, such as acquisition or disposal of assets, derivatives trading, loaning of funds to others, and endorsements or guarantees for others.
• A matter bearing on the personal interest of a director.
• Asset transactions or derivatives trading of a material nature.
• Loans of funds, endorsements, or provision of guarantees of a material nature.
• The offering, issuance, or private placement of equity-type securities.
• The hiring or dismissal of the attesting certified public accountant, or their compensation.
• The appointment or discharge of a financial, accounting, or internal audit officer.
• Annual financial reports signed or sealed by the President, manager and accounting officer, and financial reports of the second quarter audited and reviewed by CPAs.
• Other material matters as may be required by the Company or by the competent authority.

 

Annual priorities of the Audit Committee of the year

• Fair presentation of the financial reports of the Corporation.
• The effective implementation of the internal control system of the Corporation.
• Compliance with relevant laws and regulations by this Corporation.
• Control of the existing or potential risks of this Corporation.
• Other material matters as may be required by the Company or by the competent authority and the Corporation.

 

Members of Audit Committee

Title	Name	Academic Background	Work Experiences	Current position
Independent Director	KUNG, CHUN-CHI (Convenor)	MBA, National Sun Yat-sen University	CPA, Deloitte Taiwan	Independent Director, Sino Horizon Holdings Limited Independent Director, WeLeader BIO Co., Ltd Director, JIU ZHEN NAN FOODS CO., LTD. Independent Director, Hi-Lai Foods Co., Ltd.
Independent Director	CHAN, HOU-SHENG	Institute of Social Administration, University of Wales, UK	Associate Professor, NTU Department of Sociology Professor, NTU Department of Sociology Professor and Chair, NTU Department of Sociology Professor and Dean, CCU Graduate Institute of Social Welfare	Emeritus Professor, National Chi Nan University President, Cross-Starit Common Market Foundation Director, CTCI Advanced Systems Inc.
Independent Director	HSIEH, MING-JUI	Graduate Institute of Economics, National Chung Hsing University Department of Social Policy and Sociology, University of London	Director, Hua Nan Financial Holdings Co. Ltd. Director, Greatest Idea Strategy Co., Ltd. Independent Director, Greatest Idea Strategy Co., Ltd. Member, OTC Listing Review Committee, Taipei Exchange	Associate Professor, Tamkang University
Independent Director	LIU, HUI-CHUN	Department of Law, National Taiwan University	Supervisor, CyberTAN Technology, Inc.	Attorney-at-Law, Partners, A&P LAW OFFICES  President, Yuanfu Investment Co., Ltd. Restructuring Supervisor of Wintek Corporation liquidator, TOP GREEN ENERGY TECHNOLOGIES INC. Bankruptcy Administrator of, Chunghwa Picture Tubes Co., Ltd. Independent Director, CyberTAN Technology Inc. Independent Director, Pacific Construction Co., Ltd. Supervisor, GEOR CHI DEVELOPMENT CO., LTD.

 

Number of meeting in 2026 is 3(A), and attendance rate is as follows: 

Title	Name	Number of actual attendance (B)	Number of delegated attendances	Actual attendance rate (%) [B/A]
Convener	KUNG, CHUN-CHI	3	0	100%
Member	CHAN, HOU-SHENG	3	0	100%
Member	HSIEH, MING-JUI	3	0	100%
Member	LIU, HUI-CHUN	3	0	100%

 

The Operation of Audit Committee in 2026

Date	Contents of the proposal			Matters listed in Article 14-5 of the Securities and Exchange Act.	Independent directors’ objections or reservations
January 29, 2026 1st term 24th session	2025 Q4 Internal Audit Report.			V	None
	The appointment and remuneration of CPA of 2026.			V	None
	The evaluation of the independence and competence of CPA of 2026.			V	None
	Resolution result: All attending directors had no objections and the proposal was approved as it was.
	The Company’s handling of the opinions of the audit committee: All attending directors had no objections and the proposal was approved as it was.
March 10, 2026 1st term 25th session	2025 Business Report and Financial Statements.			V	None
	2025 Earnings Distribution or Deficit Compensation.			V	None
	Capitalization of Capital Surplus and Issuance of New Shares.			V	None
	Repurchase of Treasury Stock			V	None
	The lifting of the non-competition pledge obligations upon the directors.			V	None
	2025 Internal Control Statement.			V	None
	Resolution result: All attending directors had no objections and the proposal was approved as it was.
	The Company’s handling of the opinions of the audit committee: All attending directors had no objections and the proposal was approved as it was.
March 27, 2026 1st term 26th session	Change of the Company’s Accounting Officer			V	None
	Resolution result: All attending directors had no objections and the proposal was approved as it was.
	The Company’s handling of the opinions of the audit committee: All attending directors had no objections and the proposal was approved as it was.