Communication between the independent directors, internal audit and accountants

The focus of communication between independent directors and accountants

At least once a year, the accountants report to the independent directors on the financial status, the financial and overall operation of the subsidiaries at home and abroad, and the audit of internal control, and fully communicate whether there are any major adjustments or amendments to laws and regulations that affect the accounts.

Date Communication matters Communication results
Cause Independent director's advice Results The Company's handling and implementation status
March 22, 2023Corporate governance meeting The certified public accountant explained the impact of the 2022 financial report audit result on the financial report, and discussed and communicated with the meeting attendees on questions raised. None Acknowledged by all the independent directors in attendance Further submitted to the Board of Directors, and the announcement and filing of the 2022 financial report was completed on March 22, 2023.

Communication on key audit matters
1. Existence and cut-off of revenue recognition
2. Impairment assessment of property, plant and equipment

 

The focus of communication between independent directors and internal audit

1. In addition to sending the audit report to the independent directors by e-mail every month for review, the internal audit department shall hold a regular meeting at least once a quarter to report and communicate on the implementation status of the Company's internal audit and the operation of internal control. It shall also be submitted to the Board of Directors, and a meeting may be convened at any time in case of major abnormal matters.

2. Up to now, the communication between the independent directors of the Company and the head of internal audit has been good.

Date Communication matters Communication results
Cause Independent director's advice Results The Company's handling and implementation status
Mar. 24, 2022 Pre-conference board meeting  1. The Audit Office reported on the matters found in the Q4 2021 audit as well as the subsequent tracking and improvement, and discussed and communicated on the issues raised by the independent directors attending the meeting. None Acknowledged by all the independent directors attended the meeting 並Further submitted to the Board of Directors on March 24, 2022 and approved by all the directors.
 2. Issued the Company's 2021 “Statement of Internal Control System”.
 3. Considering the existing laws and regulations, cooperating in practical operations and strengthening the management of related party transactions, the Company's “Handling Procedures for Acquisition or Disposal of Assets” were revised with added stipulations, which were submitted for discussion.
 4. Considering the existing laws and regulations and cooperating in practical operations, some provisions of the Company's “Operational Procedures for Loaning Funds to Others” were revised and submitted for discussion.
 5. Considering the existing laws and regulations and cooperating in practical operations, some provisions of the Company's “Endorsement and Guarantee Guidelines” were revised and submitted or discussion.
May 11, 2022 Pre-conference board meeting  1. The Audit Office reported on the matters found in the Q1 2022 audit as well as the subsequent tracking and improvement, and discussed and communicated on the issues raised by the independent directors attending the meeting. None Acknowledged by all the independent directors attended the meeting Further submitted to the Board of Directors on May 11, 2022 and approved by all the directors.
Aug. 11, 2022 Pre-conference board meeting  1. The Audit Office reported on the matters found in the Q2 2022 audit in as well as the subsequent tracking and improvement, and discussed and communicated on the issues raised by the independent directors attending the meeting. None Acknowledged by all the independent directors attended the meeting Further submitted to the Board of Directors on August 11, 2022 and approved by all the directors.
 2. Considering the existing laws and regulations and cooperating in practical operations, some provisions of the Company's “Transactions with Related Persons, Specific Companies and Group Companies Operational Procedures” were revised and submitted or discussion.
Nov. 10, 2022 Pre-conference board meeting  1. The Audit Office reported on the matters found in the Q3 2022 audit as well as the subsequent tracking and improvement, and discussed and communicated on the issues raised by the independent directors attending the meeting. None Acknowledged by all the independent directors attended the meeting Further submitted to the Board of Directors on November 10, 2022 and approved by all the directors.
 2. Issued the Company's 2023 audit plan.
 3.  Issued the Company's 2023 audit plans for each subsidiary.