On November 8, 2024, the Company established a Risk Management Committee, which is composed of 4 independent directors, all of whom have expertise in "risk management" and "corporate governance", and all members meet the professional competencies required by the Committee, with the aim of strengthening corporate governance and enhancing the effectiveness of the Board.
1. Main duties of the Risk management committee
(1) Review the risk management framework and risk management policy.
(2) Review periodic risk management reports.
(3) Review material risk management matters as prescribed by the Company or the competent authority.
(4) Review the risk management related proposals that should be submitted to the Board of Directors.
(5) Perform other matters as instructed by the Board to be handled by the Risk Management Committee.
2. Member of the Risk management committee
Title
Criteria
Name
Professional Qualification Requirements and Work Experience
Independent director
(convener)
Huang Yi Wen
Attorney-at-law of H.Y. Construction Law Firm, with crisis management skills and leadership ability
Chou Tse Yi
Chief of Accountant, USI, with accounting and financial analysis and crisis management skills, leadership and decision-making ability
Renn Jyh Chyang
Professor of Department of Mechanical Engineering, National Yunlin University and Consultant of Taiwan Fluid Power Association, with industry knowledge and crisis management skills
Lin Ken Mao
Chairman of Welldar Industrial Co., Ltd., with ability of operation management and operational judgment
3. Operation of the Risk management committee
Term of the committee members: August 15, 2025 ~ May 20, 2028. A total of 2 meeting of the risk management committee were held in the most recent years. Director attendance was as follows:
Name and Title
Attendance in Person
By Proxy
Attendance rate (%)
Remark
2
0
100%
None
Note:
The date, period, content of the main resolutions of the Risk Management Committee, the contents of the proposals, the contents of the recommendations or objections of the members of the Risk Management Committee, the results of the resolutions, and the Company's handling of the opinions of the Risk Management Committee.
The Risk Management Committee Date
Proposal Contents
Results
Company’s respond to the opinions of the remuneration committee
August 15, 2025
The first meeting of the Risk Management Committee of the second term
Election of the convener of the Risk Management Committee and the chairman of the meeting of the Company
All members elected Huang Yi Wen as the convenor of the Risk Management Committee and the chairman of the meeting.
No objection.
November 13, 2025
The second meeting of the Risk Management Committee of the first term
Approve the amendments to the “Risk Management Policy and Measures” of the Company
All members agree.