Corporate Governance Practices

Communication between Independent Directors and Internal Audit Director

  1. The audit director shall send the previous month’s audit report to each independent director via email every month for necessary communication.
  2. Important communications and interactions between the independent directors and the internal audit director at the Audit Committee are recorded in the minutes of the Audit Committee meetings.
  3. Others: In case of major abnormal matters, or incidents deemed necessary for independent communication by independent directors, internal audit director, or CPA, meetings could be convened at anytime. 
Date Communication Method Matters of communication with the Head of Internal Audit Opinions of Independent Directors and Follow-up Measures
2024.03.07 The 11th meeting of the 2nd Committee The performance and results of the internal audit in the fourth quarter of 2023. The Independent Director expressed consent on the content of the report.
Passed the Statement of Internal Control System for 2023. Passed the proposal, without objection from the Independent Director.
2024.05.02 The 12th meeting of the 2nd Committee The performance and results of the internal audit in the first quarter of 2024. The Independent Director expressed consent on the content of the report.
2024.08.01 The 1st meeting of the 3rd Committee The performance and results of the internal audit in the second quarter of 2024. The Independent Director expressed consent on the content of the report.
2024.10.31 The 2nd meeting of the 3rd Committee The performance and results of the internal audit in the third quarter of 2024. The Independent Director expressed consent on the content of the report.
Provisions of the internal control system of the Company's “Sustainable Information Management.” Passed the proposal, without objection from the Independent Director.
Passed the proposal on the amendment to partial clauses of the internal control system for “Property, Plant and Equipment Cycle”. Passed the proposal, without objection from the Independent Director.
Passed the Internal Audit Plan for the year 2025. Passed the proposal, without objection from the Independent Director.

Communication between the independent directors and the CPA:

  1. The Company’s CPA has reported the audit results and key audit matters of the financial report for 2023, the latest laws and regulations and audit results of the financial report for the second quarter of 2024 through attending the audit committee and symposium. They also communicated with the independent directors on the Company’s financial and business status.
  2. The independent directors, the head of internal audit and the accountants hold a seminar at least once a year for the accountants to communicate and exchange opinions with the independent directors, and a meeting may be convened at any time in the event of a significant anomaly.
Date Communication Method Matters of communication with the CPA Opinions of Independent Directors and Follow-up Measures
2024.03.07 Forum between Independent Directors, Supervisor of audit and CPA The CPA reported the audit results and key audit matters of the financial report for 2023, and the latest laws and regulations. The CPA communicated and exchanged opinions with the Independent Director. The Independent Director expressed consent on the content of the report, without special opinions.
2024.08.01 Forum between Independent Directors, Supervisor of audit and CPA Accountant's report on the results of the review of the financial report for the second quarter of 2024 and the updated ordinance.