Functional Committees

Audit Committee

The Audit Committee assists the Board of Directors in carrying out its supervisory responsibilities and performs duties assigned under the Company Act, the Securities and Exchange Act, and other applicable laws and regulations. The Company established the Audit Committee on June 14, 2016. It is composed of all four independent directors and convenes at least once every quarter.

Committee

Audit Committee

Chairperson

David Huang

Members

David Huang, Kay Lin, Vincent Wu, James Chueh

Remuneration Committee

The Remuneration Committee assists the Board of Directors in formulating and evaluating the Company’s overall compensation and benefits policies, as well as the remuneration of directors and managerial officers. The Company established the Remuneration Committee on April 27, 2016. It is composed of all four independent directors and convenes at least twice a year.

Committee

Remuneration Committee

Chairperson

Vincent Wu

Members

Vincent Wu, Kay Lin, David Huang, James Chueh

Board Diversity

The Company has adopted the “Corporate Governance Best Practice Principles” and established a board diversity policy, specific management objectives, and implementation measures. All directors, including independent directors, are elected under a candidate nomination system.

The Board is diversified in terms of age, gender, and professional expertise, including industry management, brand and channel development, marketing, financial investment, human resources, and finance, in order to strengthen implementation of the diversity policy and enhance the Board structure.

Employee Directors 29%

Independent Directors 57%

Female Directors 43% (TPEx Average 16.54%)

Female Director Ratio

Female directors account for 43% of the Board, significantly higher than the TPEx-listed company average of 16.54%, reflecting the Company’s commitment to board diversity and gender equality.

Directors' Professional Backgrounds

Taiwan Beautiful Spirit Limited.
Legal Representative: Sam Lu

Gender: Male ｜ Professional Background: Industry Management

• Operational Judgment
• Accounting and Financial Analysis
• Business Management
• Crisis Management
• Industry Knowledge
• International Market Perspective
• Leadership
• Decision-Making

Taiwan Formula Investment (Holdings) Co., Ltd.
Legal Representative: Deryu Yin

Gender: Female ｜ Professional Background: Human Resources and Finance

• Operational Judgment
• Accounting and Financial Analysis
• Business Management
• Crisis Management
• International Market Perspective
• Leadership
• Decision-Making

Jingyan Living Co., Ltd.
Legal Representative: Miko Lu

Gender: Female ｜ Professional Background: Industry Management

Kay Lin, Independent Director

Gender: Female ｜ Professional Background: Industry Management

Vincent Wu, Independent Director

Gender: Male ｜ Professional Background: Finance and Investment

• Operational Judgment
• Accounting and Financial Analysis
• Business Management
• Crisis Management
• International Market Perspective
• Leadership
• Decision-Making

David Huang, Independent Director

Gender: Male ｜ Professional Background: Industry Management

James Chueh, Independent Director

Gender: Male ｜ Professional Background: Industry Management

Board Competency Distribution

Taiwan Beautiful Spirit Limited.
Legal Representative: Sam Lu