Members of the Board of Directors

The Company’s Board of Directors performs its duties in accordance with the “Rules of Procedure for Board Meetings”.
The members of the Board of Directors are as follows:

Title Name Education Experience
Chairman WU CHING-TEH In-service Training Course of Business Managers, NCCU
In-service Training Course of Financial Managers, NSYSU
Chairman, MORN SUN FEED MILL CORPORATION
Director WU TING-KUO M.S., MS Program in Technology Management, College of Management, Fu Jen Catholic University Chairman, Shanghai Fanyi Technology Co., Ltd.
Director WU SHU-JUI Open College Affiliated with National Taipei University of Business Baker Tilly Clock & CO
Director WU KUEI-YUNG University of La Verne - Supply Chain Management Assistant Manager, Marketing Department, FINETEK CO., LTD.
Independent Director CHANG JUNG-MING Master's in Accounting, Oklahoma City University, USA CPA, Deloitte Taiwan
Independent Director CHENG TSUNG-CHI Ph.D, Department of Biomedical Engineering, NCKU Professor, Department of Biomechatronics Engineering, National Taiwan University
Independent Director CHIEN CHUN-CHU University of Califormia,Los Angeles,MBA Co-founder, K PLUS CAPITAL INC.
CFO, Composite Alliance Group Inc.

Diversification Policy

In accordance with the “Procedures for Election of Directors”, the Company shall consider diversity in the Board of Directors' composition and formulate an appropriate diversification policy based on its own operation, business type, and development needs. The Company in total has 7 directors, of which 3 are independent directors, and the ratio of independent directors is 43%. The members include 5 males and 2 females, and the ratio of female directors is 29%. The goal of female directors is 15%. Two independent directors have a term of less than 3 years, and 1 director with 3-9 years. Of all the directors, 1 has an age over 70 years, 3 with 60-69 years, 1 with 50-59 years, and 2 under 49 years.
The professional backgrounds of members of the Board cover business management, business judgment, financial accounting, industrial knowledge, professional skills and industrial experience, etc. The diversity of directors is as follows:

Name Gender Profession Business
Judgement
Accounting
and
Financial
Analysis
Business Management Crisis Management Industrial Knowledge International Market
Insights
Leadership Decision-making
WU CHING-TEH Male Business Management, Industry V V V V V V V V
WU TING-KUO Male M.S., MS Progra V V V V V V V V
WU SHU-JUI Female Financial Accounting V V V         V
WU KUEI-YUNG Male Business Management, Industry V   V V V V V V
CHANG JUNG-MING Male Financial Accounting V V V V   V V V
CHENG TSUNG-CHI Male Technology, Industry V V V   V     V
CHIEN CHUN-CHU Femal Financial Accounting V V V V   V V V

Evaluation to Performance of the Board of Directors

The Company formulated the performance evaluation method for the Board of Directors in FY2019. The internal evaluation of performance of the Board of Directors is carried out once a year, and the evaluation carried out by the third-party professional independent entity or expert/scholar team is conducted every three years. The scope of evaluation to the Company’s Board of Directors includes the performance evaluation to the overall Board of Directors, individual directors and functional committees. The evaluation methods include internal self-evaluation, members self-evaluation, and peer evaluation, etc. The Finance Department is responsible for the implementation of the evaluation activities, including issuing questionnaires, calculating scores and analysis, and submitting the evaluation results to the Board of Directors as a reference for individual director’s performance, remuneration and renewal of nominations and appointments.
The items and results of the evaluation are as follows:

(I) The Overall Board of Directors:

Items Scores
I. Engagement in the operation of the Company 12
II. Improvement to the quality of decision-making of the Board of Directors 12
III. The composition and structure of the Board of Directors 7
IV. The election, appointment and continuing education of directors 7
V. Internal control 7
Total 45
After summarizing the questionnaires of FY2021, the evaluation result of the performance of the Board is 95 points
(out of 100 points), which indicated a good performance.

(II) Individual Director:

Items Scores
I. Knowledge of the Company’s goals and tasks 3
II. Awareness of directors’ responsibilities 3
III. Engagement in the operation of the Company 8
IV. Internal relationship management and communication 3
V. Professional and continuing education of directors 3
VI. Internal control 3
Total 23
After summarizing the self-evaluation questionnaires of FY2021 from 7 directors, the weighted evaluation result
of the performance of the Board is 100 points (out of 100 points), which indicates a good performance.
 

(III) Functional Committee:

Item Scores
I. Engagement in the operation of the Company 4
II. Awareness of the duties of the functional committee 7
III. Improvement of the decision-making quality of the functional committee 7
IV. Functional committee The composition, election and appointment of members of the functional committee 3
V. Internal control 3
Total 24
After summarizing the self-evaluation questionnaires of FY2021 from 3 members of the functional committee, the weighted evaluation result of the performance of the Board is 100 points (out of 100 points), which indicates a good performance.
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