Practices of Board Diversity
The Board of Directors’ diversification
According to Paragraph 3, Article 23 of the Company's Corporate Governance Best Practice
Principles, all members of the board shall have the knowledge, skills, and experience necessary
to perform their duties. To achieve the ideal goal of corporate governance, the board of directors
shall possess the following abilities:
2. Ability to perform accounting and financial analysis.
4. Ability to conduct crisis management.
6. An international market perspective.
8. Ability to make policy decisions.
Governance Best Practice Principles on March 24, 2020 to formulate an appropriate
policy on diversity based on the company's business operations, operating dynamics,
and development needs, i.e., basic requirements and values (such as gender, nationality,
and tenure as an independent director), professional knowledge and skills (accounting
and finance, operation management, foreign language, risk management, engineering
management, leadership decision, and cross- industry management).
The Company has nine directors (including three independent directors, proportion for
director has reached 33.3%, and proportion for 1 female director has reached 11.11% ),
one of whom are certified public accountants, two of whom has a professional background
in business management, and the other directors have many years of experience in the
industry, so they are able to carry out the duties and responsibilities of the Board of
Directors and protect the interests of shareholders.
director has reached 33.3%, and proportion for 1 female director has reached 11.11% ),
one of whom are certified public accountants, two of whom has a professional background
in business management, and the other directors ave many years of experience in the industry,
so they are able to carry out the duties and responsibilities of the Board of Directors and
protect the interests of shareholders.
The Company values the competency of the board members. Two or more directors shall
possess one of the expertise to be diversified. Two or more directors possess one of the
expertise so far, therefore the compliance rate is 100%. The tenure of the independent
director may not exceed nine years. All three independent directors’tenure is under
nine years, so the compliance rate is 100%. The implementation status is as follow:
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