Board of Directors and Functional Committees

Compensation Committee

The Company elected directors, which included 3 independent directors of all 7 members, for the 6th term on 2020 Annual Shareholders’ Meeting. And Compensation Committee for the 5th term.
The term of the 5th Compensation Committee：August 5, 2020 thru June 11, 2023.

Members of Compensation Committee

According to Article 4 of “Compensation Committee Charter” stipulated by the Company, the functions of the Committee are to professionally and objectively evaluate the policies and systems for compensation of the directors and managerial officers of the Company, and submit recommendations to the Board of Directors for its reference in decision making.

Members	Compensation Committee
Independent Director: Geng-Wang, Liaw	Chair
Independent Director: Chang-Jian, Ho	Member
Independent Director: Kuei-Tuan, Chen	Member

The Attendance of Compensation Committee

A total of 2 (A) Compensation Committee meetings were held in the previous period (2020). The attendance of the independent directors was as follows:

Title	Name	Number of personal attendance(B)	Attendance rate(%)【B/A】
Convener	Geng-Wang, Liaw	2	100%
Member	Chang-Jian, Ho	2	100%
Member	Kuei-Tuan, Chen	2	100%

The Focus of the Compensation Committee: Periodically Review on the Policies, Systems, Standards, and Structures for Compensation

Establish and periodically review the performance assessment criteria for the Company’s directors and managers, annual and long-term performance objectives, as well as the policies, systems, standards and structures for compensation, indicating contents of performance assessment criteria in annual reports.
Periodically assess the achievement in performance objectives for the Company’s directors and managers, establishing the details and amount regarding their individual compensation.

The Resolution of the Compensation Committee

Date of meeting	Session	Proposal	Resolution	Propoal handling by the Company
March 23, 2020	4th committee 7th session	Remunerations to employees and directors, 2019. Board of Directors’ Performance Evaluations. Review distribution of compensations to employees. Amend compensation committee charter. Distribution of year-end bonuses to managers, 2019.	Unanimous concurrence by the Committee	Unanimous concurrence by the Board
November 4, 2020	5th committee 1th session	Recommend the convener and meeting chairperson. Amendment to compensation committee charter. Estimation of remunerations to employees and directors, 2020. Remunerations to new chairman of board and vice chairman. Yearly plan of Compensation Committee, 2021.	Unanimous concurrence by the Committee	Unanimous concurrence by the Board