High Performance Automotive Pressfit Diodes
Power Module
Power Discrete
Power Device Wafer/Bare die
IR

Corporate Governance

Functional Committees

Functional Committees

The Audit Committee helps to supervise the following items:
1. Appropriate description of the financial report of the company.
2. New appointment, conge, qualification, independence and credit of CPA.
3. Effective implementation of the internal control.
4. Abidance of relevant laws and regulations.
5. Existing and potential risks management.

Compensation Committee

To ensure a sound system for the compensation of ACT’s directors(including independent directors), supervisors, and managers, ACT establishes the Compensation Committee, which be comprised of all three independent directors. Ms. SHU-MEI CHANG Liu is the chairman of the Compensation Committee. The Committee meets at least twice every year.

The Compensation Committee assists the Board in discharging its responsibilities related to ACT’s compensation and benefits policies, plans and programs, and in the evaluation and compensation of ACT’s directors of the Board and executives.

Nomination Committee

To ensure the soundness of the board and strengthen the management mechanism of this Company, ACT establishes the Nomination Committee, which be comprised of at least 4 directors selected by the board of directors from among themselves; a majority of the Committee members shall be independent directors. Mr. M.K Lu is the chairman of the Nomination Committee. The Committee may call a meeting at its discretion whenever necessary.

The Nomination Committee assists the Board in Laying down the standards of members of the board, and finding, reviewing, and nominating candidates for directors based on such standards, and establishing and developing the organizational structure of the board and each committee, and the succession plans of senior executives.

Audit Committee

To perform Board of Directors’ duty of supervision and to strengthen the management mechanism, ACT establishes the Audit Committee, which be comprised of all three independent directors, at least one (1) of whom shall have accounting or financial expertise. Mr. Chung-Hsien Liu is the chairman of the Audit Committee. The Committee meets at least once every quarter.

The Audit Committee helps to supervise the following items:
1. Appropriate description of the financial report of the company.
2. New appointment, conge, qualification, independence and credit of CPA.
3. Effective implementation of the internal control.
4. Abidance of relevant laws and regulations.
5. Existing and potential risks management.

Compensation Committee

To ensure a sound system for the compensation of ACT’s directors(including independent directors), supervisors, and managers, ACT establishes the Compensation Committee, which be comprised of all three independent directors. Ms. SHU-MEI CHANG Liu is the chairman of the Compensation Committee. The Committee meets at least twice every year.

The Compensation Committee assists the Board in discharging its responsibilities related to ACT’s compensation and benefits policies, plans and programs, and in the evaluation and compensation of ACT’s directors of the Board and executives.

Nomination Committee

To ensure the soundness of the board and strengthen the management mechanism of this Company, ACT establishes the Nomination Committee, which be comprised of at least 4 directors selected by the board of directors from among themselves; a majority of the Committee members shall be independent directors. Mr. M.K Lu is the chairman of the Nomination Committee. The Committee may call a meeting at its discretion whenever necessary.

The Nomination Committee assists the Board in Laying down the standards of members of the board, and finding, reviewing, and nominating candidates for directors based on such standards, and establishing and developing the organizational structure of the board and each committee, and the succession plans of senior executives.

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