Promotion and Implementation of Corporate Governance

On May 11, 2023, the Board of Directors resolved to establish the position of Corporate Governance Officer. On February 27, 2025, the Board further resolved to appoint Mr. Chien-Chih Yeh, Chief Financial Officer, to concurrently serve as the Corporate Governance Officer, reporting directly to the Chairman of the Board. Mr. Yeh has more than three years of experience serving as a financial executive of a public company, and his qualifications are in compliance with applicable legal requirements.

Implementation of Corporate Governance-Related Matters in 2025

1. Planned and scheduled the annual meetings of the Board of Directors and functional committees; prepared agendas and distributed meeting materials to directors and functional committee members at least seven days in advance; provided prior reminders regarding proposals requiring recusal due to conflicts of interest; and delivered minutes of Board meetings within 20 days following each meeting.
   In 2025, the Board of Directors convened 5 meetings; the Audit Committee convened 5 meetings; and the Remuneration Committee convened 4 meetings.
2. Regularly arranged communication meetings between independent directors and both the external auditors and the head of internal audit.
3. Reported to the Board on February 27, 2025, regarding stakeholder engagement activities carried out during 2024.
4. On February 27, 2025, the Board approved the procurement of directors’ liability insurance. The insurers are AIG Asia Pacific Insurance Pte., Taiwan Branch, and Chubb Insurance Ltd. Taipei Branch. The insured amount is USD 15 million, with coverage from March 21, 2025, to March 21, 2026.
5. Uploaded the Chinese and English versions of the Shareholders’ Meeting Agenda Handbook and supplemental materials on April 25, 2025 (30 days prior to the annual general meeting).
6. Uploaded the 2024 English Annual Financial Report on May 7, 2025 (18 days prior to the annual general meeting).
7. Uploaded the Chinese and English versions of the 2024 Annual Report on May 7, 2025 (18 days prior to the annual general meeting, and within two months following the filing deadline of the Chinese interim financial report).
8. Convened the 2025 Annual General Meeting earlier than usual, on May 26, 2025, and prepared bilingual (Chinese and English) meeting materials and annual reports.
9. Arranged internal and external performance evaluations of the Board of Directors, its members, and functional committees. The 2024 internal Board performance evaluation was reported to the Board on February 27, 2025. The 2025 external Board performance evaluation is scheduled for the fourth quarter of 2025, while the internal evaluation is expected to be completed in the first quarter of 2026.
10. Assisted directors in arranging appropriate training courses. In 2025, each director completed at least 6 hours of continuing education.
11. In compliance with the “Corporate Governance Best Practice Principles for TWSE/TPEx-Listed Companies,” directors were notified of closed trading periods during which they are prohibited from trading company shares: 30 days prior to the announcement of the annual financial report and 15 days prior to the announcement of each quarterly financial report.

Continuing Education of the Corporate Governance Officer in 2025

In accordance with applicable regulations, the Corporate Governance Officer must complete at least 18 hours of training within one year after appointment by the Board, and no fewer than 12 hours of continuing education each subsequent year. In 2025, Mr. Chien-Chih Yeh, Chief Financial Officer and Corporate Governance Officer, completed a total of 9 hours of continuing education, as follows:

Prevention of Insider Trading

The Company conducts at least one educational program each year for current directors, managerial officers, and employees on the prevention of insider trading and related laws and regulations. Each month, insiders are notified of the dates on which stock trading is prohibited, to ensure that they do not trade company stock during blackout periods — specifically, within 30 days prior to the announcement of the Company’s annual financial report, within 15 days prior to the announcement of each quarterly financial report, on monthly revenue announcement dates, and during institutional investor conferences. For further details, please refer to the Company’s “Insider Trading Prevention Guidelines.”

For fiscal year 2025, the Company has notified all directors and insiders by e-mail of the blackout periods prior to the announcement of each quarterly financial report, as follows:

In 2025, the Company completed educational programs for current directors, managerial officers, and employees on the prevention of insider trading and related laws and regulations. The training covered the scope and determination of insider trading, the handling and confidentiality of material non-public information, case studies, regulatory compliance, and trade secret protection. The course materials and files have been stored on the Company’s internal network system for employees’ reference and were also distributed to all directors and managerial officers.