Remuneration Committee Information

Name

Professional Qualification & Experience

Independence

Number of Independent Board Positions at Other Public Companies

Independent  director :

San-Yuan Lin

Education:

Bachelor of Laws (LL.B.), Department of Law, National Taiwan University; Master of Laws (LL.M.), The University of Edinburgh, United Kingdom; Doctor of Laws (Ph.D.), National Yang Ming Chiao Tung University.

Previous Positions:

Deputy Director-General, Department of Judicial Administration, Judicial Yuan (2 years)

Judge, Taiwan High Court Taichung Branch Court (3 years)

Judge (14 years) and Division Chief Judge (3 years), Taiwan Taichung District Court

Adjunct Assistant Professor, Department of Financial and Economic Law, National Chung Hsing University (10 years)

Attorney-at-Law (8 years)

Current Positions:

Managing Attorney, Sanyuan Law Firm

Independent Director, Chung-Hsin Electric and Machinery Manufacturing Corp.

As the Convener of the Company's Audit Committee and Remuneration Committee, he leverages his expertise in law and extensive experience in finance and economics to provide recommendations and strategic guidance on corporate governance, regulatory compliance, dispute resolution, risk management, and business operations.

As an Independent Director, he satisfies the independence requirements, including but not limited to the following: neither he, his spouse, nor any relative within the second degree of kinship serves as a director, supervisor, or employee of the Company or any of its affiliates; he does not hold shares in the Company exceeding the statutory threshold; he does not serve as a director, supervisor, or employee of any company having a specified relationship with the Company; and he has not, within the past two years, received compensation for providing commercial, legal, financial, accounting, or other professional services to the Company or its affiliates.

In addition, none of the circumstances set forth in Article 30 of the Company Act applies to him.

Nil

Independent director :

Lien-Sheng Lu

Education:

Master's Degree in Accounting, Soochow University; Ph.D., Xiamen University.

Previous Positions:

Associate Professor, National Taiwan University (10 years)

Associate Professor, National Chengchi University (20 years)

Associate Professor, National Taipei University (15 years)

Associate Professor, Soochow University (15 years)

Executive Director (3 years) and Executive Supervisor (3 years), National Federation of CPA Associations of Taiwan

Chairperson, Business Accounting Standards Committee, Accounting Research and Development Foundation (11 years)

Current Positions:

Managing Partner, Huizhong CPAs Firm

Chairman, Wanshicheng World Co., Ltd.

Director, Highwealth Construction Corp.

Independent Director, Chung-Hsin Electric and Machinery Manufacturing Corp.

As a member of the Company's Audit Committee and Remuneration Committee, he possesses more than 50 years of extensive experience in accounting and finance. The Company benefits from his professional expertise in providing recommendations on auditing, financial management, and business analysis, as well as in overseeing the Company's operations.

Nil

Independent director :

Jiunn-Chih Wang

Education:

Bachelor’s Degree in Economics, National Taiwan University; Master’s Degree in Economics, National Chengchi University; Ph.D. in Technology Management, Chung Hua University.

Previous Positions:

Section Chief, Bureau of Monetary Affairs, Ministry of Finance (11 years)

Central Trust of China (2 years)

Bank SinoPac (2 years)

President, Hua Nan Commercial Bank (3 years)

Chairman, Capital Securities Corporation (12 years)

Current Positions:

Chairman, Wufang Development Industrial Co., Ltd.

Independent Director, Chung-Hsin Electric and Machinery Manufacturing Corp.

As a member of the Company’s Audit Committee and Remuneration Committee, he specializes in finance and financial management and has extensive experience in administrative management and the operation of financial institutions. He is able to provide diverse perspectives on risk management, internal control, crisis management, and strategic decision-making.

Nil

Name

Professional Qualification & Experience

Independence

Number of Independent Board Positions at Other Public Companies

Independent director Gene-Tzn Chen

• Graduated from the Department of Law, National Taiwan University
• Legislator (6 years); Delegate to the National Assembly (4 years); prosecutor (5 years); lawyer (45 years); Chairman of IBT Ta-Chong Equity Investment Company (9 years); Chairman of Taiwan Industrial Bank Securities Investment Trust Co., Ltd. (3 years); Chaiman of Taishin Securities Investment Trust Co., Ltd. (3 years); independent director of Champion Building Materials Co., Ltd. (3 years)
• Mr. Chen currently works as the president of Wan-Jong Management Consulting Ltd. and an independent director of CHEM. As a member of the Audit Committee and Remuneration Committee, he provides his legal expertise and financial management experience for risk management, legal strategy/compliance and management decision-making.

The independent directors meet the criteria for independence, including but not limited to the following:

• The independent directors, their spouses, and relatives within the second degree of kinship do not serve as directors, supervisors or employees of the Company or its affiliated companies.

• The independent directors do not hold shares in the Company.

• The independent directors are not directors, supervisors or employees of a specific related company.

• The independent directors have not received any remuneration for providing business, legal, financial, accounting and other services to the Company or its affiliated companies in the last two years.

• None of the circumstances in Article 30 of the Company Act exist.

Nil

Independent director Sing-San Pai

• S.J.D., Chinese Culture University; M.Arch, National Cheng Kung University; M. Administration Management, University of San Francisco
• National Policy Advisor to the President (8 years); Board Director, Taipei Architects Association (3 years); Chairman, Consumers' Foundation, Chinese Taipei (3 years); Chairman, Memorial Foundation of 228 (2 years); Board Member, P.C.C. Complaint Review Board for Government Procurement (12 years)
• Mr. Pai currently works as the lead architect of TMA Architects & Associates and an independent director of CHEM. As a member of the Audit Committee and Remuneration Committee, he has abundant experience in law and business management. The Company benefits from his cross-industry vision and experiences and leverages his cross-industry management experience and perspective to provide timely and diverse advice on management and operations.

Nil

Independent director Horng-Chi Chen

• S.J.D. of Kindai University
• Delegate to the National Assembly (4 years); Legislator (6 years); Deputy Representative, Taipei Economic and Cultural Representative Office in Japan (3 years); Chairman, Taiwan-Japan Relations Association (1 year); Associate Professor of Aletheia University (2 years)
• Mr. Chen currently works as an independent director of CHEM. He is a member of the Audit Committee and Remuneration Committee, and his international perspective and legal expertise strengthen the Company's thinking in business management strategies, leading to a more diversified approach.

Nil

Title

Name

Attendance in Person (B)

Attendance by Proxy

Attendance Rate (%) [B/A]

Remarks

Convener

Gene-Tzn Chen

4

0

100

Committee Member

Sing-San Pai

4

0

100

Committee Member

Horng-Chi Chen

4

0

100

Other information:

1.Proposals and discussion results

     (1)Date of Remuneration Committee Meeting – January 14, 2025, the 8th meeting of the 5^th Remuneration

          Committee

          Discussion:

•  Review of the proposal for the managerial officers’ 2024 year-end bonus allotment

     (2)Date of Remuneration Committee Meeting – March 5, 2025, the 9^th meeting of the 5^th Remuneration

          Committee

          Discussion:

• Proposal for amendments to the Employee Remuneration Allocation Policy
• The 2024 Performance Review of the Board, the Audit Committee, and the Remuneration Committee
• Proposal for the 2024 Board and employees’ remuneration

     (3)Date of Remuneration Committee Meeting – August 12, 2025, the 10^th meeting of the 5^th Remuneration

          Committee   

          Discussion:

• Review of the proposal for the directors’ 2024 remuneration allotment
• Proposal for distribution of mid-year bonuses (including the employees’ remuneration)

    (4)Date of Remuneration Committee Meeting – November 12, 2025, the 11^th meeting of the 5^th

         Remuneration Committee

         Discussion:

• Proposal for the managerial officers’ 2024 renumeration allotment
• Proposal for the managerial officers’ 2026 pay raise

• The above matters were approved by all committee members in attendance.