Board

Diversity of the Board of Directors

Diversity Policy

Our company advocates and respects a diversity policy for the board of directors. To strengthen corporate governance and promote the healthy development of the board's composition and structure, we believe that a diversity policy contributes to enhancing the overall performance of the company. 

The Company advocates and respects the Board’s diversity policies in order to strengthen corporate governance and promote the sound development of the composition and structure of the Board of Directors. We believe that the diversity approach will help to enhance the Company’s overall performance.
Board members are selected on the basis of merit and have diverse and complementary abilities across industry sectors, including basic composition (e.g., age, gender, nationality, etc.), their individual industry experience and relevant skills (e.g., shipping, insurance, accounting, legal, finance, and corporate governance, etc.), as well as business judgment, operational management, leadership, and crisis management. 
The present board of directors in our company comprises seven members, including four independent directors. The company places a significant emphasis on gender diversity within the board composition, with male directors currently constituting 57% (4 members) and female directors accounting for 43% (3 members).
In order for the Board of Directors to accomplish the preferred governance goals of the Company, Article 20 of the Company’s Corporate Governance Code stipulates that the Board of Directors shall generally be equipped with the following capabilities:
 1. Operational judgment, 2. Ability to perform accounting and financial analysis, 3. Management ability, 4. Crisis handling capabilities, 5. Industrial knowledge, 6. International market perspective, 7. Leadership skills, 8. Decision-making skills.

The diversity orientation, complementarity and achievements of the directors as revealed in the table below and in accordance with the standards set forth in Article 20 of the Company's Corporate Governance Code; In the future, we will continue to revise our diversity policy in accordance with the operation and business models and development needs of the Board of Directors, including but not limited to the criteria of basic requirements and values, professional knowledge and skills, etc., to ensure that board members shall be equipped with knowledge, skills, and attainments generally required for performing their tasks.

Specific Management Objectives

The Implementation Status of the Board Diversity Policy is as follows

Independence of Directors

The current board members are all compliant with the regulations stipulated in Item 3 and Item 4 of Article 26-3 of the Securities and Exchange Act. All the board members (including the 4 independent directors) do not exist a spousal relationship or a familial relationship within the second degree of kinship.
All the independent directors meet the positive and passive qualifications and independence stipulated in the Regulations Governing Appointment of Independent Directors and Compliance Matters for Public Companies.
In addition to the compliance with the above-mentioned laws and regulations, the proportion of the independent directors accounts for 57.14% of all the 7 seats of directors, reflecting the independence of the board of directors of the Company.
 

Board Members

Board Attendance Status

The attendance of the board of directors during the current term is as follows:
Current Board Term: June 28, 2023, to June 27, 2026.
Meetings held to date: 4
Director attendance as shown in the following table( Data statistics to Dec 31, 2023):

 The previous board of directors' term was from June 24, 2020, to June 23, 2023, totaling 22 meetings. The attendance of directors is as follows (data recorded up to May 31, 2023).

• Note: The operation of our company's board of directors is reported in accordance with the law and regularly disclosed on the Taiwan Stock Exchange's Public Information Observation System.