Operation of the Board of Directors

Operating under a transparent and sound board structure, the nomination and selection of board members comply with legal and regulatory requirements. On May 30, 2023, the Company elected eight directors (including four independent directors), representing 50% of the board. Each director possesses management expertise required in business, finance, or R&D, and all have an international market perspective and leadership and decision-making capabilities. The backgrounds of future board members will continue the current structure. The Company has ample connections and can find suitable candidates externally to take over in a timely manner. Furthermore, independent directors are legally required to have work experience in business, R&D, accounting, or corporate operations. Therefore, future succession planning will focus on professionals in these fields, with each director required to complete at least six hours of continuing education annually.

Five board meetings were held in 2025, with a 100% attendance rate.

To maintain the fairness of securities trading, the Company has formulated the "Internal Material Information Disclosure and Insider Trading Prevention Management Procedures" in accordance with the relevant regulations of the competent authorities, and has publicly disclosed internal regulations prohibiting insider trading. These regulations include (but are not limited to) prohibiting directors from trading their shares during the lock-up period of 30 days before the release of the annual financial report and 15 days before the release of each quarterly financial report. On November 11, 2022, the Board of Directors approved the extension of the lock-up period for directors, employees, and insiders, and, in accordance with relevant regulations, will notify directors of the lock-up period and the prohibition on insider trading 30 days or 15 days before the release of the financial reports on January 21, April 21, July 21, and October 20, 2025.

Article 20 (Competencies of the Board of Directors as a whole) of the Corporate Governance Best Practice Principles stipulates that the composition of the Board of Directors shall take into consideration gender equality, and the board members shall generally have the knowledge, skills and competencies necessary to perform their duties. To achieve the ideal goal of corporate governance, the Board of Directors shall possess the following abilities:

• Our company employs a candidate nomination system for its directors. Nominees are nominated by shareholders and the board of directors, with suitable candidates being consulted from multiple sources. Shareholders then elect the board members at the shareholders' meeting.
• Our company has formulated "Self-Assessment or Peer Assessment Procedures for the Board of Directors" and "Director Remuneration Management Procedures." These performance evaluations ensure active participation by directors and effective operation of the board, serving as a reference for future director selection.
• The 2023 board elections will recognize directors with diverse backgrounds, including professionals from various industries and academia. These directors possess experience operating world-class companies, including one female director.
• To align with the goal of board diversity, the future objective is to have at least one female director, or a director with a background in accounting, finance, or law.
• Our company established an independent audit committee in 2013 to conduct its work from a neutral and independent perspective, contributing to sound corporate governance. The 2023 board elections will select four independent directors to form the audit committee.
• Each director will complete at least 6 hours of training by 2025; this has been the goal of the Company every year/every director since 2015.