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(It shall include material issues concerning the finance and business of the Company, and the means and outcomes of communication)

  • Besides submitting audit and follow-up reports on a monthly basis, the Company's internal audit officer presented audit items, audit findings and follow-up status to Independent Directors during the quarterly Audit Committee meetings.
  • The Independent Directors and audit officer all attended the Board meetings convened by the Company each quarter, and the audit officer presented internal audit items at each Board meeting.
  • After reviewing the third-quarter financial statements and auditing the annual financial reports, CPAs attended the Audit Committee meeting to present the review or audit results, key audit matters, significant subsequent events, and updates on relevant laws and regulations. They also discussed, explained and communicated matters fully with Independent Directors. CPAs also attended the Board of Directors meeting to explain and communicate with Directors.
  • When there were issues to be discussed between the audit officer, CPAs and Independent Directors, they would contact each other directly. The communication channels between them have worked well.

Communications between Independent Directors and internal auditors are summarized as follows

Meetings Attended by Internal Audit Officer and Dates Details Outcome Opinions and suggestions from Independent Directors
2024.01.25
Audit Committee meeting
  • Internal audit items from September to December 2023.
  • Reported at the Audit Committee meeting and then the Board meeting.
 None
2024.02.20
Audit Committee meeting
  • Internal audit items in January 2024.
  • Assessment on the effectiveness of internal control system for 2023.
  • 2023 “Statement of Internal Control System”.
  • Reported at the Audit Committee meeting and then the Board meeting.
  • Submitted to the Board once approved.
  • Submitted to the Board once approved.
 None

None

None
2024.04.24
Audit Committee meeting
  • Internal audit items from February to March 2024.
  • Reported at the Audit Committee meeting and then the Board meeting.
 None
2024.07.31
Audit Committee meeting
  • Internal audit items from April to June 2024.
  • Reported at the Audit Committee meeting and then the Board meeting.
 None
2024.10.30
Audit Committee meeting
  • Internal audit items from July to September 2024.
  • Drew up Code of Internal Control Systems, in writing, and internal audit implementation rules.
  • 2025 audit plan.
  • Reported at the Audit Committee meeting and then the Board meeting
  • Submitted to the Board once approved.
  • Submitted to the Board once approved.
 None

None


None

Communications between Independent Directors and CPAs are summarized as follows

Meetings Attended by CPAs and Dates Details Outcome Opinions and suggestions from Independent Directors
2024.02.20
Audit Committee meeting
  • The appointment of CPAs for 2024 and assessments on their independence and competence.
  • Explanations on parent company only and consolidated financial statements for the years ended December 31, 2023.
 CPAs attended and reported at the Audit Committee meeting, and communicated and discussed with Independent Directors. Once reviewed in the Audit Committee meeting, these items were submitted to and approved in the Board meeting. None


None
2024.10.30
Audit Committee meeting
  • Explanations on consolidated financial statements for the nine months ended September 30, 2024.
  • Aapproved the assessment of CPAs’ appointment, independence and competency for the second half of 2024.
  • Updates on the latest securities laws and regulations.
 CPAs attended and reported at the Audit Committee meeting, and communicated and discussed with Independent Directors. Once reviewed in the Audit Committee meeting, these items were submitted to and approved in the Board meeting.
None

None


None