The Board of Directors

The Board of Directors shall be the highest governing body of the company, and the director will be elected by the shareholders according to the "Procedures for Election of the Director", The Board of the company should be responsible to the shareholders, the operation and arrangement of its corporate governance system shall ensure that the Board exercises its authority in accordance with the provisions of the structure of the Board of Directors of the company, in respect of the size of the company business development and the shareholding of its major shareholders, to the practical operational needs, to determine the appropriate board for more than five persons. The composition of the board members, focusing on gender equality and generally have the knowledge, skills and qualities necessary to carry out their duties, and strive to diversify the background, in order to play the role of directors, contributing to the company operations. The qualification and selection of the independent directors of the company are in accordance with the “Regulations Governing Appointment of Independent Directors and Compliance Matters for Public Companies”, which are not have been an employee or related party of the company or any of its affiliates during the two years prior to the appointment, to ensure their independence.

At present, the company director has a total of nine seats, including five independent directors, a member of a female director and at least one of the directors have the financial, accounting and other expertise background.