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The company's “Ethical Corporate Management Committee” consists of independent directors with three to nine members, of which the independent directors of the company are ex officio members, and the remaining members include independent directors of banks and securities subsidiaries. The committee shall convene at least once every six months. It is responsible for review of the ethical corporate management policies and prevention programs and supervision of the implementation performance of the managerial departments. The committee is mainly responsible for the below items and regularly reports its compliance to the board of directors.

  1. Assist in incorporating good faith and ethical values into the company's business strategy to review the relevant precautionary measures of ethical corporate management and supervise the checks and balances mechanism in coordination with the regulatory system.
  2. Review preventive programs of dishonest acts and the related standard operating procedures and behavioral guidelines of tasks for each program.
  3. Supervise the managerial departments to plan internal organization, establishments and job functions and set up mutual supervision and checks and balances mechanism for business activities with high risk of dishonest acts within the business scope.
  4. Promotion and coordination on supervision of honesty policy advocacy and training.
  5. Establishment of whistleblowing system and supervision of the effectiveness of its implementation.
  6. Help the board of directors to supervise the management to check and evaluate whether the preventive measures established for ethical corporate management are functioning effectively, regularly evaluate the compliance based on relevant business processes, and prepare a report.

There are eight members in the first-term Ethical Corporate Management Committee, and the term is the same as that of each member in the respective company's board of directors. In 2018, Ethical Corporate Management Committee has had two meeting, and attendance of the members is as follows:

Job Title Name Number of Actual Attendance (B) Attendance by Proxies Frequency Number of Expected Attendance (A) Actual Attendance Rate (%) (B/A) Remarks
Convener
(Independent Director of SinoPac Financial Holdings and SinoPac Securities)
SCHIVE Chi 2 2 2 100%  
Member
(Independent Director of SinoPac Financial Holdings)
Jame J. Sheu 2 2 2 100%  
Member
(Independent Director of SinoPac Financial Holdings)
TSAI, Ying-Yi 2 2 2 100%  
Member
(Independent Director of Bank SinoPac)
LIN, Yu-Fen 2 2 2 100%  
Member
(Independent Director of Bank SinoPac)
CHOU, Shan-Ying 2 2 2 100%  
Member
(Independent Director of Bank SinoPac)
WU, Chia-Yuan 2 2 2 100%  
Member
(Independent Director of SinoPac Securities)
HE, Zi-Wen 2 2 2 100%  
Member
(Independent Director of SinoPac Securities)
LU, Tsung-Hsun - - - - New, June 22, 2018.
Member
(Independent Director of SinoPac Securities)
JUAN, Ching-Ju 1 1 1 100% Independent Director, Ching-Ju Juan did not renew her term of office at the expiration, and she was also dismissed from Ethical Corporate Management Committee at the same time. Independent Director, Tsung-Hsun Lu succeeded her position as the member.