
Board of Directors

The company has seven to nine directors and adopts a candidate nomination system. The term of office is three years. The shareholders will elect from the list of candidates, and they may be re-elected. The company elected the eighth board of directors (7 directors, including 4 independent directors) at the general meeting of shareholders in August 2021, with a term of office from August 20, 2021 to August 19, 2024. In order to establish a good governance system for the board of directors of the company, improve supervision functions and strengthen management functions, the "Rules of Procedures for the Board of Directors of Public Offering Companies" have been formulated for compliance.
Directors Biographies:
Chairman
|
Kuo, Hsien-Shou
|
Current Position(s):
|
Experience:
|
Education:
|
Director
|
Huang, Cheng Chun
|
Current Position(s):
|
Experience:
|
Education:
|
Director
|
Yang, Pan Chyr
|
Current Position(s):
|
Experience:
|
Education:
|
Independent Director
|
Lai, Yuan Ho
|
Current Position(s):
|
Experience:
|
Education:
|
Independent Director
|
Tsai, Kao Chung
|
Current Position(s):
|
Experience:
|
Education:
|
Independent Director
|
Han, Li Chun
|
Current Position(s):
|
Experience:
|
Education:
|
Independent Director
|
Liang, Chi-Ming
|
Current Position(s):
|
Experience:
|
Education:
|
(note):Kingbird Tech Co., Ltd. reappointed Mr. Kuo, Hsien-Shou as the representative. And the BOD re-elected him as the chairperson of the board on December 20, 2021.
The implementation of diversity by board members:
The company stipulates in the "Code of Practice on Corporate Governance" that the composition of the board of directors should be diversified. Except for directors who are also managers of the company, it is not advisable to exceed one-third of the number of directors, and it should formulate appropriate diversification policies based on its own operation, operation type and development needs.
Among the current 7 board members of the company (including 4 independent directors), concurrently serving as company managers.
It is mentioned in the Company's "Code of Practice on Corporate Governance" that board members should generally possess the knowledge, skills and literacy necessary to perform their duties. In order to achieve the ideal goal of corporate governance, the overall board of directors should have the following capabilities:
1. Operational judgment ability.
2. Legal, Accounting and financial analysis capabilities.
3. Operation and management capabilities.
4. Crisis management capabilities.
5. Industry knowledge.
6. International market outlook.
7. Leadership.
8. Decision-making ability.

In summary, the overall capabilities of the company's board of directors have complied with the diversification policy stipulated in the Code.
Results of the most recent annual board performance evaluation:
The company formulated the "Self-Evaluation or Peer Evaluation of the Board of Directors" on August 11, 2015, and conducted regular board performance evaluation tasks in accordance with the regulations rigorously. The performance evaluation of the board of directors in 2020 has been completed. The Compensation committee had evaluated according to the indicators listed in the method, and the evaluation results will report to the board of directors meeting of 2021 (held on April 16, 2021) and the Compensation committee meeting of 2021 (held on of December 20, 2021).
The measurement items of the performance evaluation of the company's board of directors include the following five aspects:
1. Participation in the operation of the company;
2. Improvement of the quality of the board of directors' decision making;
3. Composition and structure of the board of directors;
4. Election and continuing education of the directors; and
5. Internal control.
The year 2020 board performance evaluation result was excellent. According to the evaluation results, the overall operation of the board of directors is still good.
The company revised the "Self-Evaluation or Peer Evaluation of the Board of Directors" on November 13, 2020, which clearly stipulates that the Company's board performance evaluation shall be conducted by an external independent professional institution or a panel of external experts and scholars at least once every three years.. In 2020, the "Taiwan Institute of Ethical Business and Forensics" was appointed to perform the performance evaluation of the board of directors. For details, please refer to the following link:
In addition, the company has disclosed the "Self-Evaluation or Peer Evaluation of the Board of Directors" on the company website for inquiries.
Succession Plan: please refer to the following link: