Sustainable Development Committee

To realize the Company’s management vision of “A New-generation Construction Team: Powered by Technology, Embracing Social Purpose and a Humanistic Aesthetic,” the Company established a Sustainability Development Committee in November 2022. The Committee actively promotes and strengthens sustainability management across environmental, social, and corporate governance (ESG) aspects, with the aim of enhancing the Company’s management framework, committing to environmental protection, and fulfilling corporate social responsibility, thereby achieving sustainable business operations. For a summary of the Sustainable Development Committee’s annual responsibilities and operational performance, please refer to the Annual Implementation Status and the  Annual Report.  

Audit Committee

In accordance with applicable laws and regulations, the Company has established an Audit Committee composed of three independent directors. Leveraging their professional expertise and independent, objective positions, the Audit Committee assists the Board of Directors in overseeing the fairness, integrity, and transparency of engineering operations, accounting practices, auditing, and financial controls.

The Audit Committee’s scope of review includes the accuracy of the Company’s financial statements; the appointment, dismissal, independence, and performance of the external certified public accountants; the effective implementation of the internal audit system; the Company’s compliance with laws and regulations; and the management of potential risks. For a summary of the Audit Committee’s annual responsibilities and operational performance, please refer to the Annual Implementation Status and the Annual Report.

Remuneration Committee

In accordance with applicable laws and regulations, the Company has established a Remuneration Committee composed of three independent directors. Drawing on their professional expertise and independent, objective positions, the Committee assists the Board of Directors in formulating and reviewing compensation and remuneration policies for directors and senior executives, ensuring fairness, integrity, and transparency of the system.

The Committee’s scope of review includes the compensation framework, standards, and structure; the reasonableness of individual remuneration; and the alignment of compensation with the Company’s performance and operational risks. The Committee also ensures that remuneration policies comply with relevant regulations and support the Company’s long-term development objectives. For a summary of the Committee’s annual responsibilities and operational performance, please refer to the Annual Implementation Status and the Annual Report.

Nomination Committee

To enhance Board effectiveness and strengthen the talent management mechanism, the Company established a Nomination Committee in March 2024 upon resolution of the Board of Directors. The Committee is composed of three directors: Independent Director Li-Hsing I, Independent Director Chin-Pao Tsai, and Director Chen-Ching Chen, with Independent Director Li-Hsing I appointed as the Convenor.

The Nomination Committee is responsible for formulating and reviewing the qualifications and selection criteria for candidates for directors and senior executives, as well as regularly reviewing succession plans for directors and management. For a summary of the Committee’s annual responsibilities and operational performance, please refer to the Annual Implementation Status and the Annual Report.

Internal Audit Regulations

• The Company’s Audit Office is an independent unit staffed with professional auditors and reports directly to the Board of Directors. In addition to making regular reports to the Board, the Audit Office also reports regularly or irregularly to the Chairman and the Audit Committee.
• The Audit Office is structured with an Audit Supervisor, audit personnel, and designated deputies. In addition to meeting the required qualifications stipulated by the Securities and Futures Bureau (FSC), internal auditors are required to participate in continuing professional education related to internal auditing each year and to complete the required filings in accordance with regulations.
• The Company has established management regulations governing the appointment and dismissal, performance evaluation, compensation and remuneration of internal audit personnel. These matters are submitted by the Audit Supervisor for approval by the Chairman of the Company. Performance evaluations are conducted twice annually. The relevant regulations have been disclosed on the Company’s Internal Regulations webpage.
• Internal audit activities are conducted in accordance with the Regulations Governing the Establishment of Internal Control Systems by Public Companies, the Company’s internal control system, and the internal audit implementation guidelines. The scope of internal audits covers all operations of the Company and its subsidiaries to ensure the appropriateness, effectiveness, and efficiency of internal audit.
• Based on the annual audit plan approved by the Board of Directors, auditors conduct audit projects formulated through risk identification. After audit reports are issued, the Audit Office regularly tracks and reports on the progress of corrective action plans, and conducts special audits or follow-up reviews as necessary.
• Internal audit also periodically reviews the internal control self-assessment activities performed by each department to ensure effective implementation and the quality of documentation. Together with internal audit results and the status of corrective actions, these reviews provide the basis for the President and the Board of Directors to assess the overall effectiveness of the internal control system and to issue the Internal Control Statement. This statement has been published in accordance with regulations in the annual report, prospectus for public offerings, and other disclosure documents. The annual internal audit plan, audit execution status, internal control deficiencies, and the status of corrective actions for abnormal matters have all been duly filed in a timely manner on the Market Observation Post System (MOPS), as required.

Articles of Incorporation and Internal Regulations