Committees

Audit Committee

The Audit Committee assists the Board in fulfilling its oversight of the quality and integrity of the accounting, auditing, reporting, and financial control practices of the Company.
The Audit Committee is responsible to review the following major matters：

• The Audit Committee is responsible to review the following major matters：
• Financial reports;
• Auditing and accounting policies and procedures;
• Internal control systems and including related policies and procedures;
• Material asset or derivatives transactions;
• Material lending funds, endorsements or guarantees;
• Offering or insurance of any equity-type securities;
• Derivatives and cash investments;
• Legal compliance;
• Related-party transactions and potential conflicts of interests involving executive offices and directors;
• Ombudsman reports;
• Fraud prevention and investigation reports;
• IT security;
• Corporate risk management;
• Performance, independence, qualification of independent auditors;
• Hiring or dismissal of an attesting CPA, or the compensation given thereto;
• Appointment or discharge of financial, accounting, or internal auditing officers; 
• Assessment of Committee Charter and fulfillment of Audit Committee duties.

The Audit Committee within the scope of its authority may invite management, internal auditors, accountants hired by the company, or other persons to attend the meeting and provide relevant information, and shall convene at least once a quarter.
The accountant communicates with the independent directors separately in the Audit Committee quarterly for financial and auditing situations, or changes in financial and taxation laws and regulations.

Operation of Audit Committee

Conditions stipulated in Article 14-5 of the Securities and Exchange Act:

The Communications between the Independent Directors and External Auditors