Functional Committee

The Remuneration Committee aims to assist the Board of Directors in implementing and assessing the company’s overall remuneration and benefit policies, as well as the remuneration of directors and managers. The members of the Committee are appointed by the resolution of the Board of Directors, and the numbers of which must not be less than three. The Committee should have at least one independent director, and all members should elect an independent director to serve as the convener and chairman of the meeting. The committee holds meetings at least twice a year.

Committee members

Position Name Education and work experience
Chairman Chiung-Yu Huang
(Independent director)
  • Department of Economics, National Taiwan University
  • Manager of Chailease Finance Co., Ltd.
  • Assistant Manager of Top Taiwan Financial Consulting Co., Ltd.
  • Vice President of CTBC Venture Capital Co., Ltd.
Committee member Ding-Yuan Chen
(Independent director)
  • Doctoral degree in Electrical Engineering, University of Michigan-Ann Arbor
  • Chief R&D engineer of Taiwan Semiconductor Manufacturing Company (TSMC)
  • Manager of HC Photonics Corp.
  • President of Taiwan Innovation Network Center Co., Ltd.
  • Chief Operating Officer of HI-GREEN TECH Co., Ltd.
Committee member Hua-Nung Lin
(Independent director)
  • Bachelor of Business Administration, National Sun Yat-sen University
  • Assistant Manager of Finance Department of Chailease Finance Co., Ltd.
  • Assistant Manager of Finance Department of Chailease Construction & Development Corp.

Major tasks of the year

The main powers of the Remuneration Committee are as follows:

  1. Regularly review the organizational procedures of the Remuneration Committee and propose amendments.
  2. Establish and regularly review the performance evaluation standards and performance targets of directors and managers, as well as the policies, systems, standards and structures of salary and remuneration.
  3. Regularly evaluate the achievement of the performance goals of the directors and managers of the company, and determine the remuneration of the directors and managers based on the evaluation results obtained in accordance with the performance evaluation standards.

Committee members’ attendance

The term of the current Committee is from Jul. 23, 2022 to Jul. 22, 2023. Until Oct. 31, 2021, 4 meetings had been held. The attendance of the committee members was as follows:

Name Actual attendance Number of proxy attendance Actual attendance rate（％）
Chiung-Yu Huang 4 0 100
Ding-Yuan Chen 4 0 100
Hua-Nung Lin 0 0 0

Note: Mr. Hua-Nung Lin took office after the appointment by the Board of Directors on 2021/03/30.

Meeting date Name of meeting Resolutions
2021.02.02

4th session
of 7th meeting
  • Revised the remuneration management regulations for managers
  • Issued the first employee stock option certificate in 2020
Meeting date Name of meeting Resolutions
2020.08.04

1st session
of 7th meeting
  • The first term of a member of the Committee shall be elected as the convener and meeting chair by and from among the entire membership of the Committee
  • Formulated the Remuneration Management Regulations for Directors and Functional Committee Members and the Remuneration Management Regulations for Managers
  • Determined the remuneration for the current Chairman of the Board
  • Determined the professional practice fees of the current directors
  • Determined the remuneration and the professional practice fees of the current independent directors
  • The monthly salary standard and structure for managers
2020.09.07

2nd session
of 7th meeting
  • Ratified the regulations for the issuance of the first employee stock option in 2020
  • The company’s 2020 second time -An employee stock purchase option-
2020.12.28

3rd session
of 7th meeting
  • Revised the Company’s Organizational Regulations for the Remuneration Committee
  • The Company’s 2020 annual manager salary adjustment
  • The Company’s 2020 annual manager year-end and performance bonuses
  • The year-end bonus of the Chairman of the Company