In order to enhance corporate governance and improve the remuneration system for directors and managers of the Company, the Remuneration Committee of the Company is hereby established. The functions and authorities of this Committee include:
The Remuneration Committee consists of three members. The term of office of the current members is from June 10, 2019 to June 9, 2022.
Title | Name | Education | Experience |
---|---|---|---|
Convener | CHANG JUNG-MING | Master's in Accounting, Oklahoma City University, USA |
CPA, Deloitte, Taiwan |
Member | CHENG TSUNG-CHI | Ph.D, Department of Biomedical Engineering |
Professor, Department of Biomechatronics Engineering, National Taiwan University |
Member | CHIEN CHUN-CHU | University of Califormia, Los Angeles,MBA |
Co-founder, K PLUS CAPITAL INC. CFO, Composite Alliance Group Inc. |
The resolutions reached by the meetings of the Company’s Remuneration Committee in FY2021 are as follows:
Date of Meetings of Remuneration Committee |
Session | Proposal | Comment | Handling |
---|---|---|---|---|
110/03/05 | Fifth Meeting of theThird Session |
Reviewed the proposal of the employees' compensation and directors remuneration of FY2020 |
All members passed the proposal without any objection |
All directors present passed the proposal |
110/08/02 | Sixth Meeting of theThird Session |
Reviewed the proposal of distribution of the managers compensation and directors remuneration of FY2020 | All members passed the proposal without any objection |
All directors present passed the proposal |
110/12/20 | Seventh Meeting of the Third Session |
Reviewed the proposal of distribution of the treasurystock to managers Reviewed the proposal of principles for distribution of year-end bonus, and the amount distributed to managers of FY2021 |
All members passed the proposal without any objection |
All directors present passed the proposal |
In order to improve the supervisory responsibilities of and enhance the management mechanism of the Board of Directors, the Company established the Audit Committee on June 10, 2019, which is composed of independent directors. The authorities of the Committee include:
The Audit Committee consists of three members. The term of office of the current members is from June 10, 2019 to June 9, 2022.
Title | Name | Education | Experience |
---|---|---|---|
Convener | CHANG JUNG-MING | Master's in Accounting, Oklahoma City University, USA |
CPA, Deloitte, Taiwan |
Member | CHENG TSUNG-CHI | Ph.D, Department of Biomedical Engineering |
Professor, Department of Biomechatronics Engineering, National Taiwan University |
Member | University of Califormia,Los Angeles,MBA | University of Califormia, Los Angeles,MBA |
Co-founder, K PLUS CAPITAL INC. CFO, Composite Alliance Group Inc. |
Date | Format | Points of Communication | Suggestions of the Independent Directors |
---|---|---|---|
110/03/15 | Audit Committee -All Independent Directors -The head of internal audit |
1. Internal Audit Business Report for Q4 of FY2020
2. Discussed the internal control system effectiveness assessment and statement of FY2020
|
No comments or suggestions from the independent directors |
110/05/07 | Audit Committee -All Independent Directors -The head of internal audit |
|
No comments or suggestions from the independent directors |
110/08/12 | Audit Committee -All Independent Directors -The head of internal audit |
|
No comments or suggestions from the independent directors |
110/11/12 | Audit Committee -All Independent Directors -The head of internal audit |
|
No comments or suggestions from the independent directors |
110/12/20 | Audit Committee -All Independent Directors -The head of internal audit |
|
No comments or suggestions from the independent directors |
(II) Communication between Independent Directors, and Accountants
The independent directors of the Company and the certified public accountant can communicate with each other at any time by email, telephone or meeting as required. In FY2021, their communication was good and the details of communication are as follows:
Date | Format | Points of Communication | Suggestions of the Independent Directors |
---|---|---|---|
110/03/25 | 1.All Independent Directors 2.CPA |
1.Explanation of important inspection scope of financial statements of FY2020
2. Explanation of key inspection items of financial statements of FY2020 |
No suggestions from the independent directors |
110/05/07 | 1.All Independent Directors 2.CPA |
|
No suggestions from the independent directors |
110/08/12 | 1.All Independent Directors 2.CPA |
|
No suggestions from the independent directors |
110/11/12 | 1.All Independent Directors 2.CPA |
|
No suggestions from the independent directors |
110/12/20 | 1.All Independent Directors 2.CPA |
1.Preliminary key inspection items for the annual financial statements of FY2021 2.Financial report review plans 3.Briefing of the latest regulations by the competent authority |
No suggestions from the independent directors |