The Board of Directors of iSTART-TEK has five to nine directors with a term of three years. The candidate nomination system is adopted by the shareholders meeting to select the directors from the list of candidates. Regarding the number of directors in the preceding paragraph, the number of independent directors shall not be less than three, and shall not be less than one-fifth of the number of directors. The candidate nomination system is adopted by the shareholders meeting to selects the independent directors from the list of independent director candidates. The qualifications, shareholding restrictions, part-time job restrictions, independence, and nomination methods of independent directors as well as other requirements shall comply with the regulations of the securities authority. The handling of director candidate nomination and the announcement of related matters shall be carried out in accordance with relevant laws and regulations.

Members of the Board of Directors

Position Name Education and work experience
Chairman of the Board Kuan-Hao Chen
  • Masters degree in Electrical Engineering, Chang Gung University
  • Chairman of J Great International
Director Chun-Tse Lai
  • Doctoral degree in Engineering Science, National Cheng Kung University
  • Vice President and spokesperson of Andes Technology Corporation
  • President of iSTART-TEK
Director Nai-Jung Cheng
  • Masters degree in Business Strategy Management, TransWorld University
  • Chairman of Good Trader Investment Ltd.
  • Chairman of Taiyang Development Co., Ltd.
Director Chun-Chieh Cheng
  • Chairman of Yuangu International Investment Ltd.

Independent Director

Chiung-Yu Huang
  • 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.
Independent Director Ding-Yuan Chen
  • 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.
Independent Director Hua-Nung Lin
  • 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.

Directors’ attendance

The term of the current Board of Directors is from 2020/7/23 to 2023/7/22. So far (2021/10/31), 10 meeting have been held. The attendance of directors is as follows:

Position Name Actual attendance Number of proxy attendance Actual attendance rate(%)
Chairman of the Board Kuan-Hao Chen 10 0 100
Director Chun-Tse Lai 10 0 100
Director Nai-Jung Cheng 10 0 100
Director Chun-Chieh Cheng 8 2 80
Independent Director Chiung-Yu Huang 10 0 100
Independent Director Ding-Yuan Chen 8 2 80
Independent Director Hua-Nung Lin 4 0 100

Diversity policy of directors

iSTART-TEK’s Code of Practice on Corporate Governance has set diversity policy of directors. The Board of Directors of the Company is composed of experts from the academics, technology industries as well as financial and accounting professionals. All members are equipped with the essential knowledge, skills and literacy to perform their duties in accordance with the diversity policy.

On-the-job training for directors

Position Name Date of training Name of course Training hour (hr)
Chairman of the Board Kuan-Hao Chen 2020.07.23 Corporate Governance and Securities Regulations 3.0
Director Chun-Tse Lai 2020.07.23 Corporate Governance and Securities Regulations 3.0
Director Chun-Chieh Cheng 2020.07.23 Corporate Governance and Securities Regulations 3.0
Director Nai-Jung Cheng 2020.07.23 Corporate Governance and Securities Regulations 3.0

Performance evaluation of the Board

iSTART-TEK formulated the regulations and methods for the performance evaluation of the Board of Directors in 2021. The performance evaluation results of the Board and directors are reported to the Board of Directors, which are used as a reference for the remuneration of individual directors and nominations for renewal.

Succession planning

1. Succession planning and operation status of the Board members

iSTART-TEK currently has 7 directors (including 3 independent directors), all possessing the management expertise required for business, finance and accounting or sales. In the future, the composition and the background of the Company’s Board of Directors will continue to adopt the same structure and requirements.
Regarding succession planning for the Board members, based on maintaining the industrial expertise and passing down Board members’ experience, the selection of regular directors primarily comes from the suitable candidates recommended by the current directors. As for the independent directors, they must have business, legal, financial or accounting experience required for the business of iSTART-TEK. The supply of these talents in Taiwan is still adequate; therefore, the succession planning of iSTART-TEK for the independent directors may come from professionals in various fields of the industry.

2. Succession planning and operation status of important management

The employees of iSTART-TEK with positions of assistant manager or higher are regarded as important management. They have completed their job descriptions and job plans, and have assigned substitute for training. In addition, iSTART-TEK still uses the existing performance evaluation system to assess and review suitable successors of the Company, facilitating future development and progress. In addition to retaining talents, the Company also recruits outstanding talents from outside the organization to increase the scope of suitable candidates.