Workplace Composition

Workplace Composition

Due to the characteristics of the industry, Shih Wei divides employees into onshore and seafaring personnel; both are core assets that ensure stable operations. We comply with domestic and international laws and value labor and human rights. Management policies are formulated according to job characteristics, covering performance appraisal, compensation and benefits, training and continuing education, with the aim of safeguarding employee rights and promoting sustainable operations.

1. Data statistics are until December 31, 2024.
2. All Company’s employees are full-time. There are no agency-dispatched workers, part time student workers, interns, or volnteers (i.e. non-employee workers), and no employees hired on zero-hour or temporary contracts.

Onshore Personnel

The Company’s operations HQ is located in Taipei. Onshore employees total 74 (including senior management), comprising 73 Taiwan nationals and 1 Hong Kong national; 100% of senior management are Taiwan nationals.

The Company operates in accordance with Taiwan regulations and is committed to providing equal employment opportunities to disadvantaged groups. In 2024, the Company employed 1 person with a disability, demonstrating a commitment to diversity and inclusion. In the event of significant operational changes that may affect employees’ labor rights, the Company strictly adheres to the Labor Standards Act and other laws, and provides advance notice based on years of service to ensure sufficient time and mental preparedness for adjustment.

Seafaring Personnel

Seafaring personnel are seafarers. Most are assigned by crewing agencies, which fulfill related obligations and arrange applicable insurance. Each contract averages about 10 months, with signing off upon contract completion. These seafarers do not have a direct contractual relationship with the Company, and whether they return to serve on our fleet in the future depends on the crewing agency’s arrangement; therefore, new-hire and separation figures for seagoing employees cannot be calculated.

Anyone aged 18 or older holding legally compliant seafarer certificates and a passed medical examination may be engaged, regardless of gender. In 2024, most assigned seafarers were PRC nationals, followed by Indian and Bangladeshi nationals, totaling 497 persons; among all seafarers, 1 was female and the rest male.

• Note: “National vessels” refers to ships flying the Taiwan flag.