Remuneration Committee
Compensation Committee Responsibilities
The Compensation Committee shall meet at least twice a year and additionally as needed. The committee shall act with due care and loyalty to perform the following duties and submit recommendations to the Board:
1. Establish and periodically review policies, systems, standards, and structures for evaluating and compensating directors and executives.
2. Regularly assess and determine the compensation of directors and executives.
When performing these duties, the committee shall follow these principles:
Compensation should align with industry norms and reasonably reflect individual performance, company results, and future risks.
Directors and executives should not be incentivized to take risks beyond the company’s risk appetite.
The proportion and timing of bonuses and variable pay should consider industry characteristics and business nature.
Compensation Committee Members
The committee consists of 3 independent directors, with the following qualifications:
Member | Key Qualifications & Experience | Current Position |
Lin Sheng-Chung (Convener) |
Education & Key Experience:
| Honorary Professor, Department of International Business and Trade, Chung Yuan Christian University Advisor, Chinese National Federation of Industries Independent Director, FCM Corporation Independent Director, Taiwan Glass Industry Corporation |
Mao En-Kuang | Class 46, Political Warfare School Deputy Secretary-General, Taiwan Electrical and Electronic Manufacturers’ Association Specialist, Office of the Minister, Ministry of Economic Affairs Section Chief, Secretariat, Industrial Development Bureau, Ministry of Economic Affairs Secretary-General, Taiwan Wind Power Development Association | Independent Director, KaoRi Heat Treatment Co., Ltd. |
Chen Jin-Ji (Converner) | MSc in Economics, London School of Economics PhD in Industrial Economics, Tamkang University Independent Director, Fubon Financial Holding / Fubon Life / Fubon Insurance Independent Director & Chair, Risk Management Committee, Taiwan Financial Holding / Bank of Taiwan Life Independent Director, Asia Aviation Director, SinoPac Securities Policy Advisor, Executive Yuan Director, Finance Bureau, Yunlin County Government | Professor, Graduate Institute of Financial Management, CTBC Business School Independent Director, Global Life Independent Director, Sigma Technology Co., Ltd. Director, TaiZong Biotech Co., Ltd. |
Committee Activities
In 2025, the committee held 5 meetings with an average attendance of 93%. Attendance details:
Title | Name | Actual | Proxy | Attendance Rate | Notes |
Converner | Lin Sheng-Chung | 4 | 1 | 80% | 2nd Term |
Member | Mao En-Kuang | 5 | 0 | 100% | 2nd Term |
Member | Chen Jin-Ji | 5 | 0 | 100% | 2nd Term |
/Compensation Committee Meeting Information
The committee reviewed and approved the following in the past year:
Date | Agenda | Decision | Board Action |
2025/01/15 | 1. Year-end bonus distribution for the Chairman and executives for FY 2024. 2.Proposed adjustment of the Chairman’s compensation in response to operational needs. | Approved; submitted to Board | Board approved |
2025/03/10 | 1.Definition of the company’s frontline/entry-level employees. 2.Proposed amendments to the Company’s Articles of Incorporation. 3.Proposed establishment of the “Employee Compensation and Bonus Distribution Policy.” 4. Distribution of directors’ and employees’ remuneration for FY 2024. | Approved; submitted to Board | Board approved |
2025/05/12 | 1.Promotion of Mr. Li Jian-An, Assistant Manager of the Quality Control Department, to Deputy General Manager of the General Manager’s Office. 2.Proposed amendments to certain provisions of the “Employee Compensation and Bonus Distribution Policy.” | Approved; submitted to Board | Board approved |
2025/08/11 | 1.Distribution of director remuneration. 2.Distribution of executive and employee remuneration. 3.Proposed salary adjustment for executives for FY 2025. | Approved; submitted to Board | Board approved |
2025/11/13 | Appoint Li Jian-An as General Manager | Approved; submitted to Board | Board approved |