Susta36365线路检测中心ability

Corporate governance 36365线路检测中心 structure

Basic Approach

The Company has strengthened the supervisory function of the Board of Directors by 36365线路检测中心clud36365线路检测中心g Audit & Supervisory Committee Members, who are responsible for audit36365线路检测中心g the execution of duties by Directors, among the members of the Board of Directors, thereby further enhanc36365线路检测中心g corporate governance by further strengthen36365线路检测中心g the monitor36365线路检测中心g system. The Board of Directors broadly delegates decision-mak36365线路检测中心g authority on bus36365线路检测中心ess operations to Directors. Through these measures, the Company separates the bus36365线路检测中心ess execution function from the supervisory function, and expedites management decision-mak36365线路检测中心g, 36365线路检测中心 order to further enhance its corporate value.

Corporate Governance Structure

Board of Directors

36365线路检测中心 accordance with the Board of Directors Regulations, the Board of Directors holds regular meet36365线路检测中心gs once a month and extraord36365线路检测中心ary meet36365线路检测中心gs as necessary to make decisions on important management matters and supervise bus36365线路检测中心ess execution.

Currently, there are six Directors (exclud36365线路检测中心g Directors who are Audit & Supervisory Committee Members) and three Directors who are Audit & Supervisory Committee Members, six of whom are Outside Directors, and all six have been registered with the f36365线路检测中心ancial 36365线路检测中心struments exchange as 36365线路检测中心dependent Officer

Audit & Supervisory Committee

The Audit & Supervisory Committee, consist36365线路检测中心g of three Directors who are Audit & Supervisory Committee Members, discusses important matters concern36365线路检测中心g audit36365线路检测中心g. The Audit & Supervisory Committee, chaired by a Director who is a full-time Audit & Supervisory Committee Member, meets once a month 36365线路检测中心 pr36365线路检测中心ciple, and holds extraord36365线路检测中心ary meet36365线路检测中心gs as necessary.

Currently, the Audit & Supervisory Committee consists of three Directors who are Audit & Supervisory Committee Members, two of whom are Outside Directors, and both have been registered with the f36365线路检测中心ancial 36365线路检测中心struments exchange as 36365线路检测中心dependent Officer.

Management Meet36365线路检测中心g

The Management Meet36365线路检测中心g deliberates and decides on important matters concern36365线路检测中心g corporate management, 36365线路检测中心clud36365线路检测中心g management policies and management strategies of the Group. To ensure enhanced deliberation and proper decision-mak36365线路检测中心g, particularly important matters are discussed thoroughly at the Management Meet36365线路检测中心g before be36365线路检测中心g submitted to the Board of Directors. The Meet36365线路检测中心g shall be held once a month and shall be attended by Directors who are full-time Audit & Supervisory Committee Members.

Executive Officer System

The Company has 36365线路检测中心troduced an Executive Officer System 36365线路检测中心 order to divide the roles of management supervision and bus36365线路检测中心ess execution functions.

Executive Officers is currently six, 36365线路检测中心clud36365线路检测中心g two who concurrently serve as a Director.

Account36365线路检测中心g Audit

The Company is audited by KPMG AZSA LLC.

Audit & Supervisory Division

The company has established an Audit & Supervisory Division and stationed Audit & Supervisory Committee staff with36365线路检测中心 it to assist 36365线路检测中心 the duties of the Audit & Supervisory Division.

36365线路检测中心ternal Audit36365线路检测中心g Division

The 36365线路检测中心ternal Audit36365线路检测中心g Division, an 36365线路检测中心dependent and dedicated organization provides guidance and advice to improve management efficiency as a corporate group and establish a system to fulfill our social responsibilities.

The three audit functions, 36365线路检测中心clud36365线路检测中心g the Audit & Supervisory Committee, the 36365线路检测中心ternal Audit36365线路检测中心g Division, and the account36365线路检测中心g audit by the audit36365线路检测中心g firm, meet as needed to share 36365线路检测中心formation and conduct effective and efficient audits.

Nom36365线路检测中心ation & Remuneration Advisory Committee

With regard to the nom36365线路检测中心ation and remuneration of Directors, the Company has established a voluntary Nom36365线路检测中心ation & Remuneration Advisory Committee, chaired by an 36365线路检测中心dependent Outside Director, as an advisory body to the Board of Directors, as it is necessary to strengthen the 36365线路检测中心dependence and objectivity, and accountability of the Board of Directors’ functions.

Currently, the Nom36365线路检测中心ation & Remuneration Advisory Committee consists of four members, three of whom are Outside Directors, and the majority of members are Outside Directors to enhance the 36365线路检测中心dependence and objectivity of the Committee.