Compensation Committee

Compensation Committee Member

Compensation Committee Operating situation

Compensation Committee Performance Evaluation

In order to improve the compensation system for directors and managers, and to make recommendations to the Board of Directors for reference in decision making from a professional and objective position, a “Compensation Committee” was established on June 27, 2013, The Compensation Committee assists the Board in discharging its responsibilities related to execute and evaluate the compensation programs of directors of the Board and executives.

Develop the criteria for evaluating the performance of the directors of the board and senior management, and regularly review such criteria as well as the annual performance objectives for the directors of the board and senior management and the company compensation standard, structure, system, and policy.

Regularly review to which extent the directors of the board and senior management achieve their performance objectives to decide what should be included in their compensation and the monetary values of their compensation based on the performance review results.

Compensation Committee Member

Name	Title	Academic Background
Chen Sheng-San	Convener	PhD from Department of Chemistry at Kansas State University Associate professor (part-time), Department of Information and Finance Management, National Taipei University of Technology
Lin I-Pei	Member	National Taiwan University, Dept. Finance – PhD Dean, College of Management, Chaoyang University of Technology Member, Nantou County Government Public Debt Administration Committee
Chen Kan-Nan	Member	PhD, University of IIlinois Chicago Emeritus professor, Department of Chemical and Materials Engineering, Tamkang University

Name

Title

Academic Background

Chen Sheng-San

Convener

PhD from Department of Chemistry at Kansas State University

Associate professor (part-time), Department of Information and Finance Management,

National Taipei University of Technology

Lin I-Pei

Member

National Taiwan University, Dept. Finance – PhD Dean,

College of Management, Chaoyang University of Technology Member,

Nantou County Government Public Debt Administration Committee

Chen Kan-Nan

Member

PhD, University of IIlinois Chicago Emeritus professor,

Department of Chemical and Materials Engineering, Tamkang University

Compensation Committee Operating situation

The 5rd term Compensation Committee attendance details from Jan 1, 2024, to now: 1 meetings held.

The 5rd term Compensation Committee attendance details from Jan 1, 2023, to Dec 31,2023: 3 meetings held.

The 5rd term Compensation Committee attendance details from July 15, 2022 to Dec 31,2022: 5 meetings held.

Attendance is as follows：

Name	Attendance (B)	Meetings (A)	Attendance (B/A) %
Chen Kan-Nan	3	3	100
Chen Kan-Nan	5	5	100
Chen Kan-Nan	1	1	100
Chen Sheng-San	3	3	100
Chen Sheng-San	1	1	100
Chen Sheng-San	4	5	80
Lin I-Pei	3	3	100
Lin I-Pei	1	1	100
Lin I-Pei	5	5	100

Discussion Topics and Results
January 29 Manager’s 2022 year-end bonus and 2023 fixed salary. Passed by all attending committee members and reported to the Board of Directors. November 9 Fixed monthly salary and performance bonus plan for new managers. Passed by all attending committee members and reported to the Board of Directors. March 27 Fixed monthly salary compensation plan for new managers. Passed by all attending committee members and reported to the Board of Directors. January 17 Manager’s 2022 year-end bonus and 2023 fixed salary. Passed by all attending committee members and reported to the Board of Directors. New Manager’s 2023 fixed salary. Passed by all attending committee members and reported to the Board of Directors. November 9 202211 Plan for the management of car allocation for senior executives。 Passed by all attending committee members and reported to the Board of Directors. August 8 Fixed monthly salary compensation plan for new managers. Passed by all attending committee members and reported to the Board of Directors. June 22 Manager’s 2021 performance bonus. Passed by all attending committee members and reported to the Board of Directors. Fixed monthly salary compensation plan for new managers. Passed by all attending committee members and reported to the Board of Directors. Manager 202206 salary structure adjustment project. Passed by all attending committee members and reported to the Board of Directors. February 16 Adjustment of manager’s 2021 year-end bonus. Passed by all attending committee members and reported to the Board of Directors. January 12 Manager’s 2021 year-end bonus and 2022 fixed salary. Passed by all attending committee members and reported to the Board of Directors. Manager’s 2021 year-end bonus and 2022 fixed salary and other related payments. Passed by all attending committee members and reported to the Board of Director.

Discussion Topics and Results

Compensation Committee Performance Evaluation

Year	Report to BOD	Type	Result
2023	2024-01-29	Appraising Compensation Committee Performance	4.93

Compensation Committee

Compensation Committee Member

Compensation Committee Operating situation

Compensation Committee Performance Evaluation

Thank you!