The Remuneration Committee is comprised of three independent directors. The Remuneration Committee is responsible for periodically reviewing these procedures and proposing any amendments, setting and regularly reviewing performance assessment and salary compensation policies, systems, standards and structure of the Company’s directors and managers and periodically assessing to determine the items and amount of compensation for the Company’s directors and managers.The Remuneration Committee shall faithfully carry out the duties and submit any proposals to Board of Directors meeting for discussions.

Fourth term of office: 2020/5/29-2023/5/28

Chen, Rwei-Syun is the chairman of Remuneration Committee.
Wang, Chih-Li and Huang, Yaw-Bin are the members of Remuneration Committee.

Wang, Yi-Min, the former independent director of the Company, resigned on April 15, 2022. The by-election was held in the General Shareholders’ Meeting on May 25, 2022, and Huang, Yaw-Bin has been elected.

Remuneration Committee shall convene at least twice annually.
Please refer to our annual report for more information about the Remuneration Committee

The Remuneration Committee determines and periodically assesses the pay level and the structure of compensation system to ensure its compliance with fairness and appropriate regulations. Besides the general pay levels in the market, the result of industry salary survey and industry life cycle, the Remuneration Committee shall also consider fairness, consistency, external competitiveness, the Company’s financial condition and directors and managers’ achievement in corporate governance and operational goals when it comes to remuneration.

In pursuit of sustainable operation, the Remuneration Committee will assess the Board members’ remuneration and their sustainability performance (including environmental protection, employee care and social welfare) in the future.