Audit Committee

►Introduction to Members of the Audit Committee
♦The second Audit Committee consists of three members, all of whom are Independent Directors. Their details are as follows:

Title	Name	Date Elected	Major Experience (Educational Background)	Concurrent Positions in the Company and Other Companies
Member (convenor)	Hsiao, Chao-Chin	2024/05/27	MBA, National Cheng Kung University Independent Director of Taiwan Fertilizer Co., Ltd.	Independent Director of Greenyn Biotechnology Co., Ltd. Representative of Tai Ming Accounting Firm (泰茗會計師事務所) Representative of Tai Ming Book-keeping Firm (泰茗記帳士事務所)
Member	Wang, Ching-Wen	2024/05/27	Ph.D., Institute of Management Science, National Chiao Tung University Vice president of National Chung Hsing University	Independent Director of Greenyn Biotechnology Co., Ltd. Independent Dircetor or Securitag Assembly Group Co., Ltd. Professor of Department of Business Administration, National Chung Hsing University
Member	William Liao	2024/05/27	MBA, University at Albany, State University of New York Executive vice president of TCI Co., Ltd.	Independent Director of Greenyn Biotechnology Co., Ltd. Representative of WILLER International Limited

♦The Audit Committee of the Company was established on December 10, 2021. The first committee consists of three members, all of whom are Independent Directors. Their details are as follows:

Title	Name	Date Elected	Major Experience (Educational Background)	Concurrent Positions in the Company and Other Companies Held During Previous Terms of Office
Member	Wang, Ching-Wen	2021/9/22	Ph.D., Institute of Management Science, National Chiao Tung University Vice president of National Chung Hsing University	Independent Director of Greenyn Biotechnology Co., Ltd. Independent Dircetor or Securitag Assembly Group Co., Ltd. Professor of Department of Business Administration, National Chung Hsing University
Member	William Liao	2021/12/10	MBA, University at Albany, State University of New York Executive vice president of TCI Co., Ltd.	Independent Director of Greenyn Biotechnology Co., Ltd. Representative of WILLER International Limited
Member (convenor)	Hsiao, Chao-Chin	2021/12/10	MBA, National Cheng Kung University Independent Director of Taiwan Fertilizer Co., Ltd.	Independent Director of Greenyn Biotechnology Co., Ltd. Independent director of Trade-Van Information Services Co. Representative of Tai Ming Accounting Firm (泰茗會計師事務所) Representative of Tai Ming Book-keeping Firm (泰茗記帳士事務所)

►Annum Work Summary of the Audit Committee
Functions of the Company's Audit Committee are primarily for supervising the appropriate presentation of the Company's financial statements, appointment (dismissal) independence, and adequacy of CPAs, effective implementation of the Company's internal control, compliance with relevant laws, regulations, and rulese of the Company, or potential risk control, and proposing recommendations to the Board as a reference for its decisions.

►Review Financial Reports
Review the annual business report, financial statements, proposal of earning distribution, and quarterly financial reports prepared by the Board of the Company.

►Evaluate the Effectiveness of the Internal Control System
The Audit Committee evaluates the effectiveness of the policy and procedures (including control measures for finance, operation, risk management, information safety, nad legal compliance) of the Company's internal control system and proposes recommendations for its decisions regarding the implementation and operation of the Company's internal control system.
 

►Attendence of Audit Committee Meetings
♦The Company's second Audit Committee has three members; the term of office of the current members is from May 27th , 2024 to May 26th, 2027.

♦The Company's first Audit Committee has three members; the term of office of the current members is from December 10th, 2021 to May 26th, 2024.
From January 1st to May 14th, 2024, two meetings were held, and the attendance of the members of the first Audit Committee was as follows:

Title	Name	Number of Meetings	Actual Attendance	Attendance by Proxy	Actual Attandence Rate (%)
Member (convenor)	Hsiao, Chao-Chin	2	2	0	100%
Member	Wang, Ching-Wen	2	2	0	100%
Member	William Liao	2	2	0	100%

In 2023, five meetings were held, and the attendance of members of the first Audit Committee was as follows:

Title	Name	Number of Meetings	Actual Attendance	Attendance by Proxy	Actual Attandence Rate (%)
Member (convenor)	Hsiao, Chao-Chin	5	5	0	100%
Member	Wang, Ching-Wen	5	5	0	100%
Member	William Liao	5	5	0	100%

In 2022, nine meetings were held, and the attendance of members of the first Audit Committee was as follows:

Title	Name	Number of Meetings	Actual Attendance	Attendance by Proxy	Actual Attandence Rate (%)
Member (convenor)	Hsiao, Chao-Chin	9	9	0	100%
Member	Wang, Ching-Wen	9	9	0	100%
Member	William Liao	9	8	1	89%

 

►Audit Committee - Meeting Resolution of the Year

Year	Meeting Resolution
2024
2023
2022
2021