Enactment of the Corporate Governance Charter |
O |
Enacted on 26 March 2021 |
Enactment of the Code of Ethics for Employees |
O |
|
Introduction of the written voting system |
X |
|
Formation of the Board of Directors (a majority of whom are independent directors) |
O |
3 independent directors, 1 inside director, and 1 non-executive director |
Convocation of regular board meetings |
O |
Meetings are held on a monthly basis in principle |
Provision of information on directors prior to meetings of the Board of Directors |
O |
The agenda is sent to the attendees 7 days prior to each meeting |
Introduction of regulations on the roles and operating procedures of the Board of Directors and various committees |
O |
|
Disclosure of the detailed activities, attendance rate, and the agreement/disagreement on major items of agenda of the Board of Directors |
O |
Disclosure of the business report and the website |
Independence of independent directors |
O |
Nomination & Remuneration Committee (including the Independent Director Candidate Recommendation Committee and the Compensation Committee) |
Establishment of an expert committee within the Board of Directors |
O |
- Audit Committee, Nomination & Remuneration Committee (including the Independent Director Candidate Recommendation Committee and the Compensation Committee)
- ESG Committee
|
Purchase of liability insurance for directors at the expense of the company |
O |
Purchased executive liability insurance (annual renewal) |
Operation of meetings attended solely by independent directors |
O |
Operated meetings for independent directors |
Adoption of cumulative voting |
X |
|
Formation of the Audit Committee (all independent directors) |
O |
Consists of three 3 independent directors (including accounting/financial experts) |
Convocation of the Audit Committee at least once per quarter |
O |
The Audit Committee holds at least 6 meetings on principle |
Maintenance of the independence of external auditors |
O |
Reviewed the selection and approved of external auditors for the Audit Committee |
Certification of the accuracy of business reports and other documents |
O |
Certified by the CEO and a responsible executive |
Appointment of a senior independent director |
O |
Empowered the independent director’s independency |
Explanation of the differences compared to best practices |
O |
Disclosed on the website |
Evaluation of the Board’s activities |
O |
Plan for 2022 |