board of directors | fitipower integrated technology inc.-九游会登陆

the company has a board of directors with a diverse range of professional backgrounds, ranging from various industries and academia, with experience in running world-class companies, including three female directors.

in order to achieve the objectives of corporate governance, the main tasks of the board of directors of the company are as follows:

• ．review the company's business plan
• ．develop an effective and proper internal control system pursuant to article 14-1 of the securities and exchange act
• ．review the company's financial objectives and results (including annual financial reports and semi-annual financial reports; offering, issuance, or private placement of any equity-type securities; adoption or amendment of handling procedures for financial or operational actions of material significance, such as acquisition or disposal of assets, derivatives trading, extension of monetary loans to others, or endorsements or guarantees for others as stipulated in article 36-1 of the securities and exchange act)
• ．select and supervise managers (appointment or discharge of a financial, accounting, or internal auditing officer)
• ．oversee and manage the risks faced by the company
• ．ensure that the company complies with the relevant regulations (article 14-3 of the securities and exchange act, other matters that are required by law or the articles of incorporation to be resolved by the shareholders' meeting or by the board of directors, or matters of significance stipulated by the competent authorities)
• ．map out the future direction of the company
• ．build and maintain the company's image
• ．fulfill social responsibilities (including donations to related parties or significant donations to unrelated parties)
• ．appoint an accountant

policy on diversity of board members

the company's board of directors approved the “corporate governance best practice principles” on march 10, 2015, which sets out the diversity policy in chapter 3, "strengthening the functions of the board." the nomination and selection of the members of the board of directors of the company is based on a candidate nomination system in accordance with the provisions of the articles of incorporation and adheres to the “procedures for election of directors” and the “corporate governance best practice principles.” the company has set a target of 25% female directors to ensure diversity in the board of directors, after taking into account its business model and development needs.

the six directors of the board all have diverse backgrounds, including different industries, financial accounting and other backgrounds. the proportion of the company's directors who are employees is 33% and the proportion of independent directors is 67%, and there is no spouse or relative within the second degree of relationship among the directors, so the company's board of directors is independent. in addition, the company also pays attention to gender equality in the composition of the board of directors. among them, there are 3 female directors, and the ratio has reached 50%.

the diversification, complementarity and implementation of the company’s directors have included the standards set out in article 20 of the “corporate governance code of practice”; in the future, the diversification policy will be updated in a timely manner depending on the board’s operation, operation model and development needs, including but not the standards are limited to two aspects: basic conditions and values, professional knowledge and skills, so as to ensure that members of the board of directors should generally have the knowledge, skills and accomplishments necessary to perform their duties. the implementation of the board diversity policy is as follows: