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Compensation Committee Composition and Functions

The Company's remuneration committee consists of three independent directors who, in a professional and objective manner, evaluate the Company's remuneration policies and systems for directors, general manager and deputy general manager and make recommendations to the Board of Directors for their consideration and reference.

Job Title Name Current position Main academic background Main academic background Remarks
Convener Hou Chin-Hsing Department of Law, National Chung Hsing University Experience in legal affairs Independent Director
Members Lian Wun-Bin Supervisor of Marscat Games Co., Ltd Doctoral Degree, Alliant International University Experience in business and accounting Independent Director
Members Chu Pei-Hung Associate Professor, Business Administration EMBA, National Kaohsiung University of Science and Technology Department Of Information Management, National Central University Lecturer or above from public or private colleges and universities with relevant majors such as business, law, finance, accounting, or business, and with experience in business and accounting Independent Director

Summary of Key Tasks for the Remuneration Committee in 2025

The Remuneration Committee held a total of 2 meetings in 2025, primarily reviewing the following matters

  • Review the performance of the Chairman of the Board, appointed managers, and other executives.
  • Approve the performance bonus amounts for the Chairman of the Board, appointed managers, and other executives.

Responsibilities of the Compensation Committee

Establish and regularly review the policies, systems, standards and structures for performance evaluation and compensation of directors, general manager and deputy general manager.
However, the year-end appraisals or separate appraisals of the chairman, general manager and deputy general manager shall be submitted to the Board of Directors for review and approval and then submitted to the committee for explanation.

Regularly evaluate and determine the compensation of directors, general manager and deputy general manager, and the achievement of the Company's performance objectives, as well as their relevance and reasonableness.
In addition, the Company shall disclose in the annual report the performance evaluation standards of directors and managers, the results of individual performance evaluation, the content of individual compensation, the correlation between the amount and the results of performance evaluation, and the reasonableness.

Compensation Committee Meeting Attendance

Cumulative Attendance of
the 20th Audit Committee
Cumulative Attendance of
the 19th Audit Committee
Cumulative Attendance of
the 18th Audit Committee

The Company held two Remuneration Committee Meetings in 2025 and the attendance of the committee members shown as follows:

Attendance of the 20th Remuneration Committee (Term Period is between 2024/06/25-2027/06/24)
Title Name Required times of attendance Actual times of attendance Times of Attendance by Proxy Percentage of Attendance (%)
Convener Hou Chin-Hsing 2 2 0 100%
Member Lian Wun-Bin 2 2 0 100%
Member Chu Pei-Hung 2 2 0 100%

The Company held three Remuneration Committee Meetings in 2024 and the attendance of the committee members shown as follows:

Attendance of the 20th Remuneration Committee (Term Period is between 2024/06/25-2027/06/24)
Title Name Required times of attendance Actual times of attendance Times of Attendance by Proxy Percentage of Attendance (%)
Convener Hou Chin-Hsing 1 1 0 100%
Member Lian Wun-Bin 1 1 0 100%
Member Chu Pei-Hung 1 1 0 100%
Attendance of the 19th Remuneration Committee (Term Period is between 2021/08/20-2024/06/24)
Title Name Required times of attendance Actual times of attendance Times of Attendance by Proxy Percentage of Attendance (%)
Convener Qian-Zong Lin 2 2 0 100%
Member Charles M. Tsai 2 0 1 0%
Member Wen-Bing Lien 2 2 0 100%

The Company held three Remuneration Committee Meetings in 2023, and the attendance of the committee members shown as follows:

Attendance of the 19th Remuneration Committee (Term Period is between 2021/08/20 and 2024/08/19)
Title Name Required times of attendance Actual times of attendance Times of Attendance by Proxy Percentage of Attendance (%)
Convener Qian-Zong Lin 3 3 0 100%
Member Charles M. Tsai 3 3 0 100%
Member Wen-Bing Lien 3 3 0 100%

The Company held two Remuneration Committee Meetings in 2022, and the attendance of the committee members shown as follows:

Attendance of the 19th Remuneration Committee (Term Period is between 2021/08/20 and 2024/08/19)
Title Name Required times of attendance Actual times of attendance Times of Attendance by Proxy Percentage of Attendance (%)
Convener Qian-Zong Lin 2 2 0 100%
Member Charles M. Tsai 2 2 0 100%
Member Wen-Bing Lien 2 2 0 100%

The Company held three Compensation Committee Meetings in 2021, and the attendance of the committee members was as follows:

Attendance of the 18th Compensation Committee (Term of office: 2018/06/26 - 2021/08/19)
Job Title Name Required attendance Actual attendance Attendance by proxy Actual attendance rate (%)
Convener Zhang, Qing-He 2 2 0 100%
Independent Director Tsai, Ming-Xiao 2 2 0 100%
Independent Director Lian, Wen-Bin 2 2 0 100%
Attendance of the 19th Compensation Committee
Job Title Name Required attendance Actual attendance Attendance by proxy Actual attendance rate (%)
Convener Lin, Qian-Zong 1 1 0 100%
Independent Director Tsai, Ming-Xiao 1 1 0 100%
Independent Director Lian, Wen-Bin 1 1 0 100%

In 2020, the Audit Committee convened 4(A) meetings. The attendance by directors was as follows:

Title Name No. of times attended in person (B) No. of times attended by authorized persons Attendance rate in person (%) 【B/A】 Education and work experience
Convener Ching-He Chang 3 1 75% Master of Accounting, Washington State University, USA
Partnership Accountant, Xinxin United Accounting Firm
Member Charles M. Tsai 4 0 100% PhD, Chemical Engineering, New Jersey Institute of Technology
Part-Time Professor, Department of Chemical Engineering, National Taiwan University of Science and Technology
Ministry of Economic Affiars/Convenyor, United Audit Team, Linyuan Industrial Park Service Center, Kaohsiung City
Member Wen-Bing Lien 4 0 100% PhD, Alliant International University
Manager, Kaohsiung Branch, Taiwan Business Bank Co., Ltd.
Director of Southern Credit Review Center

Operational Status of the Compensation Committee

The Remuneration Committee regularly reviews and discloses information on policies, systems, standards and structures for performance evaluation and compensation of directors and managers.

Operational Status of Compensation Committee in 2025 Operational Status of Compensation Committee in 2024 Operational Status of Compensation Committee in 2023 Operational Status of Compensation Committee in 2022 Operational Status of Compensation Committee in 2021 Operational Status of Remuneration Committee in 2020