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Committee

Audit Committee/Remuneration Committee

Audit Committee

Annual Work Focus :

Communicate results of audit report with the head of internal audit regularly according to the annual audit plan.
Communicate with CPA regularly over financial statement review or audit results in each quarter.
Review financial reports.
Assessment of the effectiveness of internal control system.
Review the hiring, dismissal, compensation and service matters concerning CPAs.
Review the Company's operational procedures and material transactions of assets, derivatives, capital lending and endorsement/guarantees.
Legal compliance.

Members of the Company’s 2nd Audit Committee

Term of office of current members: From June 14, 2022, to June 13, 2025.

Committee Member	Profile	Current Position
Liang-Yoo Lee (Convener)	Bachelor of Institute of Computer Science and Control Engineering， National Chiao Tung University	Audit Committee and Compensation Committee Member,Ace Pillar Co., Ltd. Board Director, Pershing Technology Services Corp.
Sheng-Fa Yeh	Master of Business School,City University of Seattle	Audit Committee and Compensation Committee Member,Ace Pillar Co., Ltd. Chairman, Natsume Smartech Co., Ltd. Chairman, Sunengine Corporation Ltd.
Chi-Hang Yang	Ph.D.,Department of Electronics and Computer Science, University of Southampton	Audit Committee and Compensation Committee Member,Ace Pillar Co., Ltd. Chairman, SVT Investment Co. , Ltd Independent Board, Director, Medeon Biodesing, Inc.

Operations of the Audit Committee

The committee member attendance statuswas as follows :

Committee Member	Attendance in Person	Attendance rate
Liang-Yoo Lee (Convener)	4	100%
Sheng-Fa Yeh	4	100%
Chi-Hang Yang	4	100%

Meeting Status :

Date	Proposal Content	Resolution Results
2023.03.01	Statement of Internal Control System and Report on the Results of Self-Assessment for FY2021 2022 Annual Report on Operations, Financial Statements and the Annual Plan of Operations for FY2023 Distribution of Earnings for FY2022 Review of the accountant's service fee for FY2023 Review of the accountant's service fee for FY2022	All Audit Committee Members presented at the meeting agreed
2023.05.03	Consolidated Financial Report for the first quarter of FY2023 Proposed capital loan of RMB20 million to 100%-owned subsidiary, Tianjin Ace Pillar Co., Ltd. Proposed loan of RMB20 million to a 100%-owned subsidiary, Suzhou Super Pillar Automation Equipment Co., Ltd.	All Audit Committee Members presented at the meeting agreed
2023.07.31	Consolidated Financial Statements for the Second Quarter of 2023 Proposed capital loan of RMB30 million to 100%-owned subsidiary, Tianjin Ace Pillar Co., Ltd.	All Audit Committee Members presented at the meeting agreed
2023.10.31	Proposed internal audit plan for 2023 Consolidated financial statements for the third quarter of 2023 To appoint a certified public accountant for the financial statements for FY2023.	All Audit Committee Members presented at the meeting agreed

Remuneration Committee

The Remuneration Committee shall professionally and objectively evaluate the remuneration policies and systems of directors and managers and make recommendations to the Board of Directors for its decision making; it shall faithfully perform the following functions with due care and submit its recommendations to the Board for discussion.

To establish and regularly review policies, systems, standards and structures for the evaluation of performance and remuneration of directors and managers.
To regularly evaluate and set the remuneration of directors and managers.

Members of the Company’s 5th Remuneration Committee

Term of office of current members: From June 14, 2022, to June 13, 2025.

Committee Member	Profile	Current Position
Chi-Hang Yang	Ph.D.,Department of Electronics and Computer Science, University of Southampton	Audit Committee and Compensation Committee Member,Ace Pillar Co., Ltd. Chairman, SVT Investment Co. , Ltd Independent Board, Director, Medeon Biodesing, Inc.
Sheng-Fa Yeh	Master of Business School,City University of Seattle	Audit Committee and Compensation Committee Member,Ace Pillar Co., Ltd. Chairman, Sunengine Corporation Ltd. Chairman, Natsume Smartech Co., Ltd.
Liang-Yoo Lee	Bachelor of Institute of Computer Science and Control Engineering， National Chiao Tung University	Audit Committee and Compensation Committee Member,Ace Pillar Co., Ltd. Board Director, Pershing Technology Services Corp.

Operation of Remuneration Committee

The Company had convened twice Remuneration Committee meetings in 2023 with the following attendance:

Committee Member	Attendance in Person	Attendance rate
Chi-Hang Yang	2	100%
Sheng-Fa Yeh	2	100%
Liang-Yoo Lee	2	100%

Meeting Status :

Date	Proposal Content	Resolution Results
2023.03.01	Annual Employee and Director Compensation Distribution for FY2022 Proposal for the 2022 Annual Employee Compensation Discussion for Senior Managers Proposal for the the ratio of distribution of employees’ and directors’ remuneration Proposal for the compensation targets for senior managers for FY2023 Proposal for the 2023 Senior Manager Bonus and Salary Adjustment Policy Discussion	Approved by all attending Salary and Compensation Committee members.
2023.10.31	No Discussion Items	NA