Question 1

Register of Directors

Accepted Answer

Date: 2023.05.09

Identities Name Major Experience

Current positions in the Company

or other companies Director Bixiu Investment Co., Ltd.
- - Representative:
Huang, Shih Chung General Manager, Nan Liu Enterprise Co., Ltd.
Master in Industrial R&D, National Kaohsiung University Science and Technology

Chairman, Nan Liu Enterprise Co., Ltd.

Chairman, NeiZhuang Investment Co., Ltd.
Director Chun I Investment Co., Ltd.
- - Representative:
Chiang, Su Lien Procurement manager, Nanliu Enterprise Co., Ltd.
Director of Chun I Investments Co., Ltd.
Global Procurement head, Nanliu Enterprise Co., Ltd.
Director Yang, Rui-hua

Zhongzheng Senior High School

Manager of Senlong Chemical Fiber Co., Ltd. Director, Nanliu Enterprises (Pinghu) Co., Ltd.
Director Su, Chao Shan

Executive Master of Business Administration,

National Sun Yat-sen University

Department of Law, National Taiwan University

Professor and Dean of College of Business and Information, Shih Chien University

Chairman of Bank of Kaohsiung

Assistant Manager of Mizuho Bank

Director of Bankers Association of Kaohsiung Director of Pershing Technology Services Corporation Director Chung, Mao Chih

Department of Accounting, Ling Tung University

Business Administration Program, Tunghai University

Manager of Pan Kuo-Chin CPAs & Co. Xin Shi Dai Accountancy and Tax Agent Independent Director Huang, Tung Rong

Master’s degree, Accounting Department, National Chi Nan University.

Supervisor, Taiwan Industrial Bank

Managing Partner, Universal United CPA (CPA)

Supervisor, Lien Chang Electronic Enterprise Co., Ltd.
(stock code: 2431)

Independent Director, Channel Well Technology
(stock code: 3078) Independent Director Chen,Chao Lungh

Honorary Doctorate of Science and Technology

Honorary Doctorate, University of Asunción, Paraguay

Honorary Doctorate, University of San Carlos, Guatemala

President, Kaohsiung Chang Gung Memorial Hospital

Professor, Chang Gung University

Chinese Engineering Academician Chairman of Microbio (Shanghai) Co., Ltd. Independent director of King's Town Bank.
Director of Fulin Plastic Industry (Cayman) Holding Co., Ltd.
Director of Hi Lai Foods Co., Ltd. Representative of Cho Pharma Inc. Independent Director Huang, Chun Ping

Ph.D. Program, Economic and Trade Section, Institute of China and Asia-Pacific Studies, National Sun Yat-sen University, Taiwan.
Senior Vice President of Global Fortune Management Corp. General Manager of Lead Ocean Co., Ltd.

Adjunct Lecturer, Department of Business Administration, Cheng Hsiu University of Science and Technology. Independent Director
HUNG,CHI-SHAN

National Cheng Kung University Law School
Director of the Kaohsiung National Taxation Bureau of the Ministry of Finance

Consultant of Kaohsiung Institute of Certified Public Accountants

Mr. Huang, Chun Ping, an Independent Director, has experience in the relevant fields and has made specific recommendations to the Company. His continued nomination enables him to continue to utilize his expertise and give advice to the Board of Directors in the exercise of his duties as an Independent Director.

Question 2

Important Resolutions of the Board of Directors

Accepted Answer

2024 2023 2022 2021 2020

Question 3

Attendance of board of directors

Accepted Answer

2023 2022 2021 2020 2019 2018 2017

Question 4

Remuneration Committee

Accepted Answer

The Compensation Committee of the Company consists of three independent directors and meets at least twice a year to take care of the good stewardship, to faithfully perform the following duties, and to submit its recommendations to the Board of Directors for discussion. However, the proposal on the remuneration of supervisors shall be submitted to the Board of Directors for discussion only to the extent that the remuneration of supervisors has been authorized by the Company's Articles of Incorporation or by a resolution of the shareholders' meeting to be submitted to the Board of Directors:

To establish and periodically review the Company's performance evaluation criteria for directors, supervisors, and managers, annual and long-term performance goals, policies, systems, standards, and structure of compensation, and to disclose the contents of the performance evaluation criteria in the annual report. The company's annual report will also disclose the content of the performance evaluation criteria in the annual report.
The Company periodically evaluates the performance of directors, supervisors, and managers, and determines the content and amount of their individual compensation based on the results of the performance evaluation criteria. The annual report shall disclose the results of individual performance evaluation of directors, supervisors and managers, and the correlation and reasonableness between the content and amount of individual compensation and the results of the performance evaluation, and shall be reported to the shareholders at the shareholders' meeting.
The performance evaluation and compensation of directors, supervisors, and managers should be based on the industry norms and should take into account the results of individual performance evaluation, the time invested, the responsibilities assumed, the achievement of personal goals, the performance of other positions, the salary and compensation offered by the Company to the same positions in recent years, the achievement of the Company's short-term and long-term business goals, the Company's financial condition, and other factors to assess the reasonableness of the connection between the performance of the individual and the Company's business performance and future risks. The Company also evaluates the reasonableness of the relationship between individual performance and the Company's operating results and future risks based on the achievement of short-term and long-term business objectives and the Company's financial condition.

Information and Operation of the Remuneration Committee

Attendance of the Remuneration Committee

Question 5

Audit Committee

Accepted Answer

The Company's Audit Committee was established in fiscal year 108 and consists of three independent directors. It meets at least quarterly and from time to time as necessary. One of the three members is a certified public accountant and one has a professional background in finance, and the convenor is Independent Director Huang Dongrong, a certified public accountant. The term of office of the current Audit Committee is the same as the term of office of the Directors. The term of office of the Audit Committee is the same as the term of office of the Directors. The Audit Committee primarily assists the Board of Directors in fulfilling its responsibilities of overseeing the quality and integrity of the Company's execution of the relevant accounting, auditing and financial reporting processes and financial controls. The Audit Committee is expected to meet at least once a quarter to fully communicate with the Company's head of audit regarding the opinions on motions at the meetings, and minutes of the meetings will be made available for review.
The terms of reference of the Audit Committee mainly include:

Financial Statement Auditing and Accounting Policies and Procedures.
Internal Control System and Related Policies and Procedures.
Significant asset or derivative transactions.
The Company's financial statements are prepared in accordance with the provisions of the Securities and Exchange Act of 1934, as amended, and with the provisions of the Securities and Exchange Act of 1934, as amended.
Raise or issue marketable securities.
Derivative financial instruments and cash investments.
Statutes Follow.
Whether the manager and the director have related party transactions and possible conflicts of interest.
Complaint Report.
Fraud prevention programs and fraud investigation reports.
Information security.
Corporate Risk Management.
Qualifications, independence and performance evaluation of certified public accountants.
The appointment, dismissal or remuneration of a certified public accountant.
Appointment or removal of the head of finance, accounting or internal audit.
Performance of the duties of the Audit Committee.
Audit Committee Performance Measurement Self-Assessment Questionnaire.

Review of Financials

We report that the Board of Directors has prepared the annual report on the Company's operations, financial statements and proposal for appropriation of earnings, etc., and the financial statements have been audited and completed by AICPA, and the audit report has been issued by AICPA. The aforesaid business report, financial statements and proposal for appropriation of earnings have been examined by the Audit Committee and found to be in order.

Evaluation of the effectiveness of the internal control system

The Audit Committee evaluates the effectiveness of the Company's internal control system's policies and procedures (including financial, operational, risk management, information security, external, and compliance controls) and reviews the periodic reports of the Company's audit department, certified public accountants, and management, including risk management and compliance. With reference to the Internal Control-Integrated Framework issued by The Committee of Sponsoring Organizations of the Treadway Commission (COSO) in 2013, the Audit Committee is of the opinion that the Company's risk management and compliance with laws and regulations are in good standing. The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has issued the Internal Control-Integrated Framework (ICIF) for the Company's internal control system, and the Audit Committee is of the opinion that the Company's risk management and internal control system is effective and that the Company has adopted the necessary control mechanism to monitor and rectify the irregularities.

Membership and operation of the Audit Committee

Question 6

Evaluation of the performance of the Board of Directors and functional committees

Accepted Answer

Board of Directorsand the Functional Committee to evaluate the implementation

Evaluation Period (Note 1) Assessment period (Note 2) Scope of Assessment (Note 3) Assessment Method (Note 4) Evaluation Content (Note 5) Performed once a year January 1, 2022 to December 31, 2022 Performance Evaluation of the Board, Individual Board Members and Functional Committees Internal self-evaluation by the Board of Directors and self-evaluation by Board members

Evaluation of board performance: including the extent of participation in the company's operations, the quality of board decisions, the composition and structure of the board of directors, the selection and continuing education of directors, and internal control.
Evaluation of the performance of individual directors: Including the mastery of the Company's objectives and tasks, the recognition of directors' responsibilities, the degree of participation in the Company's operations, the management of internal relations and communication, the professionalism and continuing education of the directors, and the internal control.
Functional Committee Performance Evaluation: Degree of participation in the Company's operations, recognition of the functional committee's responsibilities, quality of the functional committee's decisions, composition of the functional committee and selection of its members, and internal control.

Evaluation of the objectives and performance of the Board of Directors' functions for the current year and the most recent year:
In accordance with the "Regulations Governing the Conduct of Board Meetings of Public Companies", the Company has formulated the "Rules Governing the Conduct of Board Meetings" and the "Rules Governing the Scope of Responsibilities of Independent Directors", which will be revised and renamed as the "Key Points to Follow in Setting Up the Board of Directors and Exercising its Powers and Functions" in the near future in order to comply with the requirements of the competent authorities, and has input the attendance of directors at the board meetings into the Market Observation Post System (MOPS), and has disclosed the major resolutions of the board of directors on the website set up by the Company. The Company's website has been set up to disclose significant resolutions of the Board of Directors, and the relevant departments are responsible for maintaining and disclosing the Company's financial and business information at all times. In 2019, the Company established an Audit Committee to replace the function of supervisors.

In order to implement corporate governance and enhance the functions of the Company's Board of Directors, and to establish performance targets to strengthen the efficiency of the Board's operations, the Company has formulated the "Board of Directors' Performance Evaluation Method", and the items to be measured for performance evaluation include the following five major aspects:

The extent of participation in the Company's operations.
Enhance the quality of board decisions.
Board Composition and Structure.
Election and Continuing Education of Directors.
Internal Controls.

The measurement items for the Functional Committee performance evaluation are listed below:

Involvement in the Company's operations
Functional Committee Recognition of Duties
Enhancing the quality of decision-making in functional committees
Composition of the Functionality Committee and Election of Members .
Internal Controls

The Board of Directors of the Company adopts a self-assessment method and conducts an internal board performance evaluation once a year. The Board of Directors conducts an evaluation of the performance of the current year at the end of each year, and collects individual questionnaires from the members of the Board of Directors prior to the most recent Board of Directors' meeting of the following year and compiles them to evaluate the Board as a whole and reports the results of the evaluation at the most recent Board of Directors' meeting of the following year, and the results of the Board of Directors' performance evaluation of the year ended 2011 were excellent and were reported at the Board of Directors' meeting on 2023.03.15. The results of the evaluation of the performance of the Board of Directors for 2022 were favorable and were reported at the Board of Directors' meeting held on 2023.03.15, the contents of which were also posted on the Company's website. The actual attendance rate of directors in 2022 Directors' Meeting was 95%, and the attendance rate of directors in 2023 Annual Shareholders' Meeting was 78%. The members of the Board of Directors have a clear understanding of the Company and the industry to which the Company belongs, and they do evaluate and supervise the Company's operations, and have a good interaction with the management team, giving full play to their specialties, and contributing to the Company.

Question 7

Independence Assessment of Certified Public Accountants

Accepted Answer

The Company's certified public accountants, who are affiliated with the CPA firm, have avoided any direct or indirect interest in the matters in which they were engaged, and have fully adhered to the spirit of impartiality, rigor, and honesty in the spirit of independence, and have signed the "Statement of Superior Independence and Audit Engagement" with respect to the quarterly financial statements and the audit of the annual financial statements. The Company's Finance Department conducts an annual assessment of the independence of the certified public accountants. The annual assessment of the independence of the certified public accountants is conducted at the end of each year and is completed prior to the most recent board of directors' meeting of the following year, and the results of the assessment are reported at the most recent board of directors' meeting of the following year. The financial department of the Company has assessed that CPAs Ziyu Lin and Zhongyu Tian of CPAs, both of whom meet the Company's independence assessment standards, are qualified to act as the Company's certified public accountants, and the results of the annual certified public accountants' independence assessment for the year ended December 31, 2022 have been reported to the Board of Directors on 3.15.2023 and approved by the Board of Directors.

2022 CPA Independent evaluation

2021 CPA independent evaluation
2020 CPA independent evaluation 109 Yearly Independent Assessment Form for Certified Public Accountants 109 Statement of Transcendental Independence and Audit Work 108 Yearly Independent Assessment Form for Certified Public Accountants 108 Statement of Transcendental Independence and Verification 107 Certified Public Accountants' Independent Evaluation Forms 107 Statement of Transcendental Independence and Audit Work 106 Certified Public Accountants' Independent Evaluation Forms 106 Statement of Transcendental Independence and Checking Work 105 Independent Assessment Form for Certified Public Accountants 105 Statement of Transcendental Independence and Verification

Question 8

Take out directors' and supervisors' liability insurance

Accepted Answer

The Company has taken out directors' and supervisors' liability insurance for its directors, and has reported to the Board of Directors on the amount of the insurance, the coverage, and the rate of the insurance, covering the period of the 112th fiscal year, which has been reported to the Board of Directors on 112.3.15.

Question 9

Diversity of Board Members

Accepted Answer

The Company has established the "Code of Corporate Governance Practices" and the "Rules for Election of Directors and Supervisors". Article 20 of the "Code of Corporate Governance Practices" stipulates that the composition of the Board of Directors should take into account the diversity of the Board of Directors and should be formulated in accordance with the Company's own operation, business model and development needs, and should include, but not be limited to, the basic qualifications and values (such as gender, age, nationality, culture, etc.) and the expertise and skills (such as professional background such as law, accounting, industry, finance, marketing or technology, etc.), professional skills and industry experience, etc. The Board should be composed of a wide range of individuals, and should include, but not be limited to, the following background such as law, accounting, industry, finance, marketing or technology, etc.), professional skills and industry experience.

Currently, the Company has 9 directors (one of whom has resigned), 3 of whom are independent. The professional background of the directors covers management, accounting, finance, non-woven industry, etc., and they are accountants and university professors, etc., so they are able to give professional advice from different perspectives, which is very helpful in enhancing the Company's operating performance and management efficiency. The Company also emphasizes gender equality in the composition of its board of directors. The target ratio of female directors is 10%, and currently there is one female director among the eight directors, with a ratio of 12.5%, which is in line with the target. The following summarizes the implementation of the Company's policy on director diversity:

Diversified Core Programs Name of Director Basic Composition Professional skills and industry experience gender Also an employee of the Company Age Length of term of office of independent directors Operations Management Leadership Decision Making Industry Knowledge Accounting financial Below 51 61 to 70 71 to 77 3 to 6 years 6 to 9 years WONG SAI CHUNG male V V V V KONG SO LIN women V V V V V WONG TUNG WING male V V V V CHAN SIU LUNG male V V V V V Wong Chun Ping male V V V YEUNG SUI WAH male V V V V SU CHAOSHAN male V V V Zhong Maozhi male V V V

Question 10

Communication between the independent directors and the head of internal audit and accountant.

Accepted Answer

The Company established the Audit Committee on 108/5/29. The Audit Committee consists of three independent directors who regularly communicate with the accountants and the head of internal audit on relevant issues in the Audit Committee, and the members and operation of the Audit Committee are as follows:

Membership and operation of the Audit Committee

Question 11

Attendance of the Remuneration Committee

Accepted Answer

2023 2022 2021 2020 2019 2018 2017