Annual Key Focus of the Audit Committee

The Audit Committee consists of three independent directors with the primary responsibility of assisting the Board of Directors in performing its oversight functions, including ensuring the proper presentation of financial statements, the election (or termination) and attesting CPAs and assuring their independence, the effective implementation of the internal control system, the Company’s compliance with relevant laws and regulations, and the control and management of risks and uncertainties that exist or are potentially existent in the Company.

The Main Matters Taken on by the Audit Committee

1. Internal control system established or amended in accordance with Article 14-1 of the Securities and Exchange Act.
2. Evaluating the effectiveness of the internal control system.
3. Matters involving the interests of directors
4. Significant asset or derivative transactions.
5. Significant lending of funds, endorsements or guarantees
6. Raising, issuance or private placement of marketable securities of an equity nature.
7. Appointment, termination, and compensation of the attesting CPAs and evaluation of their independence and competency. 
8. Reviewing quarterly financial statements.
9. Business report and proposals for distribution of earnings.
10.Communication with the Company’s attesting CPAs.
11.Other significant matters as required by the Company or the competent authorities.

Term: June 25, 2024 to June 24, 2027