Corporate Governance

The purpose of internal audit is to assist the board of directors and management in examining and reviewing the deficiencies of the internal control system and measuring the effectiveness and efficiency of operations, and to provide timely improvement suggestions to ensure that the internal control system is continuously and effectively implemented and serves as a basis for reviewing and amending the internal control system. The internal audit is based on the annual audit plan approved by the board of directors, checking the company's internal operations and the supervision and management of subsidiaries; in addition to reporting at regular board meetings, it also reports to the audit committee quarterly; the implementation of internal audit includes investigating and assessing the internal control system to measure the compliance level of current policies and procedures, and their impact on various operational activities. The audit scope includes the defined audit items, time, procedures (methods), legal regulations, and forms used. The internal audit is an independent unit directly reporting to the board of directors. The appointment and dismissal of the head of internal audit must be reviewed by the audit committee and submitted to the board of directors for approval, and reported via the internet information system in accordance with the regulations of the Financial Supervisory Commission by the tenth day of the month following the board's approval. The appointment, dismissal, salary, compensation, evaluation, rewards, and punishments of internal audit personnel are determined by the chairman in accordance with the company's personnel management regulations.