Organization and Responsibilities of the Audit Committee

The Audit Committee is composed of all independent directors. There are three members in the 1st term Audit Committee. Mr. Terry Cheng is the convener an chairman. The main function of the Audit Committee is to supervise the following matters:
1. Fair presentation of the financial reports of this Corporation.
2. The hiring (and dismissal), independence, and performance of certificated public accountants of this Corporation.
3. The effective implementation of the internal control system of this Corporation.
4. Compliance with relevant laws and regulations by this Corporation.
5. Management of the existing or potential risks of this Corporation.

Members of the Audit Committee

Terry Cheng

Convener & Independent Director

Current In-Service:
Director, Aurotek Corporation
Director, Jorjin Technologies Inc.
Independent Director, Hangzhou Hikvision Digital Technology Co., Ltd.

Educational Background / Experience:
MBA, Santa Clara University
CEO, FIH Mobile Limited, subsidiary of Foxconn Technology Group
Vice President, Foxconn Technology Group
President, Texas Instruments Asia
President, HP China

Elaine Kung

Independent Director

Current In-Service:
President, Cite Media Holding Group
CEO, Cite Cultural & Arts Foundation
Managing Director, Magazine Business Association of Taipei
Associate Professor, China Industrial & Commercial Research Institute
Independent Director, WT Microelectronics Co., Ltd.

Educational Background / Experience:
R.O.C., U.S.A. and China CPA
MBA, University of California
Master of Laws, National Chengchi University
Assistant Manager, PricewaterhouseCoopers

Kung-Wha, Ding

Independent Director

Current In-Service:
Independent Director, Taiwan High Speed Rail Corporation
Independent Director, Energenesis Biomedical Co., Ltd.
Adjunct Associate Professor at the Department of Public Finance, National Chengchi University
Chair Professor at the Department of Finance, Chihlee University of Technology

Educational Background / Experience:
Master Degree in Public Finance, National Chengchi University
Bachelor Degree in Finance, National Chung-Hsing University
Deputy Commissioner, Commissioner of the Securities and Futures Commission, Ministry of Finance
Chairperson of the Securities and Futures Institute
Chairperson of Taiwan Depository & Clearing Corporation
Chairperson of Taipei Exchange
Chairperson of the Financial Supervisory Commission