Diversity and Independence of the Board
According to Article 20 of the Company's "Code of Practice on Corporate Governance", the composition of the board of directors should be diversified. Except for directors who also serve as managers of the company, it is not advisable to exceed one-third of the number of directors. To formulate an appropriate diversity policy, it should include but not be limited to the following two major aspects of the standard:
A、 Basic conditions and values: Gender, age, nationality, culture, etc.
B、 Professional knowledge and skills: Professional background (such as legal, accounting, industry, finance, marketing or technology), professional skills and industry, experience, etc.
The members of the board of directors shall generally possess the knowledge, skills and qualities necessary to perform their duties. In order to achieve the ideal goals of corporate governance, the board of directors as a whole should have the following capabilities:
A. The ability to make judgments about operations. B. Accounting and financial analysis ability.
C. Business management ability. D. Crisis management ability.
E. Knowledge of the industry. F. An international market perspective.
G. Leadership ability. H. Decision-making ability.
The current board of directors of the company consists of 7 directors, including 3 independent directors. The members have rich experience and expertise in the fields of finance, business and management. The relevant diversification implementation situation is as follows:
|
Director Name |
Nationality |
Gender |
Part-time employee of the company |
Age |
Length of tenure of independent directors |
Diversified core competencies |
|||||||||||||
|
31-40 |
41-50 |
51-60 |
61-70 |
71-80 |
Below 3 years |
3-9 years |
Over 9 years |
The ability to make judgments about operations |
Accounting and financial analysis ability |
Business management ability |
Crisis management ability |
Knowledge of the industry |
An international market perspective |
Leadership ability |
Decision-making ability |
||||
|
Lin, Shang-Wei (Representative, BRIGHT SUCCESS INC.) |
R.O.C. |
Male |
|
|
✔ |
|
|
|
|
|
|
✔ |
|
✔ |
✔ |
✔ |
✔ |
✔ |
✔ |
|
Lin, Chi-Pin (Representative, Able Well International Limited) |
R.O.C. |
Male |
|
|
|
|
|
✔ |
|
|
|
✔ |
|
✔ |
✔ |
✔ |
✔ |
✔ |
✔ |
|
Lin, Shang-Chi (Representative, ABLE GAIN INVESTMENT LIMITED) |
R.O.C. |
Female |
✔ |
|
✔ |
|
|
|
|
|
|
✔ |
|
✔ |
✔ |
✔ |
|
✔ |
✔ |
|
Tsai, Meng-Han |
R.O.C. |
Male |
|
✔ |
|
|
|
|
|
|
|
✔ |
|
✔ |
✔ |
|
✔ |
✔ |
✔ |
|
Independent director Yang, Ming-Chin |
R.O.C. |
Male |
|
|
|
|
✔ |
|
✔ |
|
|
|
✔ |
|
|
|
|
✔ |
✔ |
|
Independent director Liou, Cheng-Hwai |
R.O.C. |
Male |
|
|
|
|
✔ |
|
|
|
✔ |
|
✔ |
|
|
|
|
✔ |
✔ |
|
Independent director Wu, Chin-Chung |
R.O.C. |
Male |
|
|
|
|
✔ |
|
✔ |
|
|
|
|
✔ |
✔ |
|
|
✔ |
✔ |
Execution status and goal of diversified board of directors
|
Management goals |
Execution status |
|
The director who is also an employee should not exceed one-third of the number of directors |
Achieved (Only one director concurrently the general manager) |
|
At least one female director |
Achieved |
|
Independent directors shall serve no more than three consecutive terms |
Unaccomplished |
|
At least one of the independent directors must have an accounting certificate, financial expertise or corporate management expertise |
Achieved |
