Corporate Governance
Election of Independent Directors
In accordance with Article 14-2 of the Securities and Exchange Act, the Articles of Incorporation stipulate the establishment of four independent directors.
On March 8, 2023, the Company announced and published the procedures for the nomination and election of independent directors. Shareholders holding more than 1% of the Company’s total issued shares are entitled to submit a written list of candidates for directors. The number of independent directors to be elected for the seventh term is four.
On February 22, 2023, the Board of Directors reviewed and approved four candidates for independent directors. The nominees met the disqualification criteria under Article 30 of the Company Act, as well as the professional qualifications, independence requirements, and restrictions on concurrent positions prescribed in the Regulations Governing Appointment of Independent Directors and Compliance Matters for Public Companies. Ms. Grace Wang, Mr. Patent Chiu, Mr. Jerry Lu, and Ms. Annie Yang were nominated as candidates for the Company’s seventh term of independent directors.
The election of independent directors follows a nomination system. The list of candidates and their qualifications are as follows:
| Name | Education | Experience | Current Positions |
| Grace Wang | Master’s Degree in Finance and Management, National Sun Yat-sen University | Senior Manager, Capital Market Department, KGI Securities Co., Ltd. | Director, Megagrace accounting firm |
| Patent Chiu | Department of Mechanical Engineering, Chung Chou Institute of Technology | Patent Engineer, Jaw-Hwa International Patent & Trademark Office Supervisor, Patent Department, Chuan Chen International Patent & Trademark Office | Principal, Zhi An Trademark Office |
| Jerry Lu | Master’s Degree Business Administration, Fu Jen Catholic University | Bachelor's Degree in Civil Senior Recruitment Manager, Taiwan FamilyMart Co., Ltd. Assistant Manager, Human Resources Department, Homeplus Digital Co., Ltd. | Chief Executive Officer, Hsing Chih Hsueh Ssu Co., Ltd. |
| Annie Yang | EMBA, National Chung Hsing University | Board Director, Wowprime Corporation |
At the shareholders’ meeting held on May 24, 2023, the Company elected four independent directors. The results of the election are as follows:
| Name | Number of Vote Received | Remarks |
| Grace Wang | 13,042,313 | Elected |
| Patent Chiu | 11,844,854 | Elected |
| Jerry Lu | 10,609,972 | Elected |
| Annie Yang | 9,425,219 | Elected |
