2. Investor Relations
  3. Corporate Governance
  4. Compensation Committee

Compensation Committee


Establishment and Term of the Compensation Committee:
1. The Company's Compensation Committee was established on December 23, 2011, with three members.
2. The current term of the Committee members is from June 13, 2024 to June 12, 2027.

Composition of the Compensation Committee:
Composition: The Committee is composed entirely of independent directors appointed by resolution of the Board of Directors, with one member serving as the convener. The Committee’s term is aligned with that of the Board of Directors.
Functions and Responsibilities: The Committee shall exercise the due care of a prudent manager and perform the following duties, and submit its recommendations to the Board of Directors for discussion:
(1) Periodically review the charter and propose amendments.
(2) Establish and periodically review policies, systems, standards, and structures for the compensation and performance targets of directors and managerial officers.
(3) Periodically evaluate the performance of directors and managerial officers and determine their individual compensation packages.
Title Category Name Professional Qualifications Experience Current Positions
Convener Independent Director Tsai Yen-Ching Extensive experience in business, legal, finance, accounting, or corporate operations
  • Professor, National Taiwan University (Accounting)
  • Advisor, Accounting Research and Development Foundation
  • Member, Sustainability Standards Committee
  • External Reviewer, Taiwan Stock Exchange
  • Professor, NTU
  • Independent Director, Fortune Medical
  • Independent Director, Yulon Motor
Member Independent Director Wang Sung-Yuan Extensive experience in business, legal, finance, accounting, or corporate operations
  • Assistant Professor, Taipei University of Technology
  • Adjunct Assistant Professor, Tatung University
  • Patent Examiner, Ministry of Economic Affairs
  • Assistant Professor, Shih Chien University
  • Committee Member, Bureau of Standards
  • Judicial Patent Consultant
Member Independent Director Yu Shang-Wu Extensive experience in business, legal, finance, accounting, or corporate operations
  • Dean, Jinwen University
  • Chair Professor, Yuanpei University
  • Professor, NTUST
  • Supervisor, Taiwan Institute of Economic Research
  • Chair Professor, Ming Chi University
  • Independent Director, TXC Corp.
  • Independent Director, Biotech Company

Operation of the Compensation Committee

In 2025, the 6th Compensation Committee convened 5 meetings, and attendance was as follows:

Name Qualification Criteria Meetings Required Meetings Attended Proxy Attendance Rate
Tsai Yen-Ching ■1 □2 ■3 550100%
Wang Sung-Yuan ■1 □2 □3 550100%
Yu Shang-Wu ■1 □2 ■3 550100%

Qualification Criteria:
1. Lecturer or above in business, legal, finance, accounting-related fields.
2. Certified professionals such as judges, lawyers, CPAs.
3. Relevant professional experience.

Meetings and Resolutions of the Compensation Committee

Date Agenda Resolution Board Handling
2025/01/08 Executive bonus proposal for 2024 Approved unanimously Approved by Board
2025/03/06 1. Employee compensation
2. Director compensation
3. Sustainability Committee attendance fee 		Approved unanimously Approved by Board
2025/05/09 Director remuneration proposal Approved unanimously Approved by Board
2025/07/11 1. Executive salary adjustment
2. Employee bonus distribution
3. Mid-year executive bonus
4. Early retirement plan 		Approved unanimously Approved by Board
2025/12/29 Establishment of executive compensation policy Approved unanimously Approved by Board

Board Function Enhancement and Implementation

(1) The Compensation Committee regularly reviews executive compensation and incentive programs.
(2) Board operations comply with corporate governance regulations.
(3) An Audit Committee was established on August 12, 2021 to enhance governance.
(4) Investor Relations information is disclosed on the Company website.
(5) Annual board evaluation results are reported to the Board.

  • Board Overall Performance: Excellent
  • Directors' Performance: Excellent
  • Audit Committee: Excellent
  • Compensation Committee: Excellent

Evaluation Scale:

  • 5 = Strongly Agree
  • 4 = Agree
  • 3 = Neutral
  • 2 = Disagree
  • 1 = Strongly Disagree