Audit Committee

The audit committee shall be composed of the entire number of independent directors. It shall not be fewer than three persons in number, one of whom shall be convener, and at least one of whom shall have accounting or financial expertise.

The independent director members of the Committee shall serve a 3-year term, and may be re-elected to further terms. When the number of the independent director members on the Committee falls below that prescribed in the preceding paragraph or in the articles of incorporation due to an independent director's dismissal for any reason, a by-election shall be held at the next shareholders meeting to fill the vacancy. When the independent directors are dismissed en masse, a special shareholders meeting shall be called within 60 days from the date of the occurrence to hold a by-election to fill the vacancies.

◆ Position: Convener
◆ Name: Kuo-Pin Kao
◆ Major academic and career achievements:
- Bachelor, Department of economics, National Chung Hsing University
◆ Other position:
- Chairman, P&L Investment Corp.

◆ Position: Member
◆ Name: Yu-Sheng Tsai
◆ Major academic and career achievements:
- Bachelor, National Chung Hsing University (Now National Taipei University)
- Master of Law, Fu Jen Catholic University
- EMBA, National Chengchi University
- Pass of the Bar Examination
◆ Other position:
- Lawyer of Legal Aid Foundation
- Arbitrator of Chinese Arbitration Association, Taipei
- Lawyer of honor, Small and Medium Enterprise Administration, Ministry of Economic Affairs
- Managing Attorney, Genda Law Firm
- Independent Director, Audit Committee member and Remuneration Committee convener, Lian Fa International Dinng Business Corp.
- Chief Compliance Officer, Quilter International Enterprise Co., LTD.

◆ Position: Member
◆ Name: Allen Y Chao
◆ Major academic and career achievements:
- Ph.D., Purdue University, College of Pharmacy
- Founder and CEO, Watson Pharmaceuticals
◆ Other position:
- Representative of Corporate Board Director, Tanvex Biologics Corp.
- Representative of Corporate Board Director, Tanvex Biologics Inc.
- Board Director, Ansun BioPharma Inc.
- Board Director, Mithra Biotechnology In.

◆ Position: Member
◆ Name: Kuo-Lung Yen
◆ Major academic and career achievements:
- Master's Degree in Finance, National Chengchi University
◆ Other position:
- CPA, Answer CPAs Firm
- Independent Director, Audit Committee member and Remuneration Committee member, Win Win Precision Technology Co., Ltd.
- Independent Director, Audit Committee member and Remuneration Committee member, Sun Fon Construction Co., Ltd.

 Operation of Audit Committee in 2023 

  The Communication Status between Independent Directors, the Chief Internal Auditor, and the CPA