Procedures for Election of Directors
All Directors according to the Procedures for Election of Directors adopt nomination system for elections. The professional qualifications, shareholdings, restrictions on concurrent employment, recognition of independence, nomination and election of independent directors and other matters should be in accordance with the relevant regulations of the competent securities authorities.
In accordance with the aforementioned regulations, the current term of independent directors was submitted to the Board of Directors for discussion and approval, and during the period when nominations were announced, relevant documents were examined and submitted to the Company for nomination, and the shareholders' meeting was requested to elect the candidates from the list of candidates.
Download Here-Procedures for Election of Directors
Member of Board of Directors
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Huang, Shan-Ney Chairman |
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Kuo, Hsien-Shou Director |
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Hsu, Shih-Hua Director |
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Huang, San-Kuei Independent Director |
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Wu, Rey-Yuh Independent Director |
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Lu, Suei Independent Director |
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Huang, Jui-Wen Independent Director |
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Operational situation of the 7th Board of Director
The Board meeting shall be convened at least once every quarter, the latest Board meeting date is May 11, 2022.
| Attendance | Name | Number of should be attendance | Actual number of attendance | Attendance rate |
| Chairman | Huang, Shan-Ney | 8 | 8 | 100% |
| Director of representative of a legal person | Kuo, Hsien-Shou | 8 | 8 | 100% |
| Director of representative of a legal person | Hsu, Shih-Hua | 8 | 8 | 100% |
| Independent Director | Huang, San-Kuei | 8 | 8 | 100% |
| Independent Director | Wu,Rey-Yuh | 8 | 8 | 100% |
| Independent Director | Lu, Suei | 8 | 8 | 100% |
| Independent Director | Huang, Jui-Wen | 8 | 8 | 100% |
Diversification of the Board of Directors
The Board members make the diversification policy without discrimination based on race, gender, age, ethnicity and nationality background. The Company attaches great attention to gender equality in the composition of the board of directors , three directors are over 70 years old, two are between 60 and 69 years old, and two are under 60 years old, the independent director more than 1/2 of Board of Directors and the female directors more than 1/3 of Board of Directors.
To upgrade the Corporate governance’s target, the board of directors’ ability including but not limited to Operational judgment ability, Accounting and financial analysis ability, Operation management ability, Crisis management ability, Industrial knowledge, International market outlook, Leadership, Decision-making ability, Management Risk knowledge and ability：
Performance Evaluation of the Board of Directors
According to the “Rules for Performance Evaluation of Board of Directors” executes evaluation every year. The performance evaluation of the Board of Directors in 2020 includes five aspects as follows. The result of the performance evaluation of the Board of Directors was excellent, according to which the overall operation of the Board of Directors is in good condition.
- The degree of participation in operation of the Company
- Improvement of the decision-making quality of the Board of Directors
- Composition and structure of the Board of Directors
- Election and continuing education of directors
- Internal control
The company commissioned external professional organization-“TAIWAN CORPORATE GOVERNANCE ASSOCIATION” carried out the performance evaluation of the Board of Directors, Please refer to the following link for more information:
In addition, the Company has disclosed the “Rules for Performance Evaluation of Board of Directors” on the website for reference.
Major Resolutions of Board Meetings
Succession Planning
The company has made the succession planning for the board of directors and major management.
