Communication among Independent Directors, Supervisors of Internal Audit and Accountants
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The internal audit supervisors shall present the audit report to the Audit Committee each quarter. In the first quarter of every year, the officer shall present the internal control efficacy evaluation for the previous year (submit the internal control statement) and present the audit items individually to the Audit Committee. At the end of each year, the officer shall present the annual audit plan individually and convene a meeting if necessary.
- The Audit Committee shall meet with the CPAs at least six times each year. In addition to the audit reports (annual report, semiannual report), review report (quarterly report), and matters of advice, the meetings shall fully communicate significant accounting estimates and selection or changes in accounting principles and internal control audits in order stay fully appraised of the Company’s financial situation. The audit strategy and focuses shall be communicated to the CPAs individually before the reporting of the audit plan and opinions in the second and fourth quarters, in order to supervise the formulation of the Company’s financial statements. This is done to effectively oversee the preparation of the Company’s financial statements. From 2022 onwards, the Company’s interim financial statements shall first be approved by the Audit Committee before they are discussed and approved by the Board of Directors.
- Communication between Independent Directors and Internal Audit Supervisors
Date of Audit Committee Term Agenda Key Communication Points Audit Committee Resolution 2025/03/14 2nd meeting of the 4th Audit Committee in 2025
Audit Report of SinoPac Holdings The internal audit supervisor presented the audit report. Acknowledged and submitted to the Board of Directors. The Company’s 2024 Statement of Internal Control System. The internal audit supervisor presented the report on implementation of the internal control systems in 2024. Approved and submitted to the Board of Directors for deliberation. 2025/05/16 3rd meeting of the 4th Audit Committee in 2025
Audit Report of SinoPac Holdings The internal audit supervisor presented the audit report. Acknowledged and submitted to the Board of Directors. Regular submission of analysis reports on major internal and external audit deficiencies of the Company and its subsidiaries. The internal audit supervisor independently reports on the analysis of major internal and external audit deficiencies of the Company and its subsidiaries. Acknowledged. 2025/08/15 6th meeting of the 4th Audit Committee in 2025 Audit Report of SinoPac Holdings The internal audit supervisor presented the audit report. Acknowledged and submitted to the Board of Directors.
2025/11/14 9th meeting of the 4th Audit Committee in 2025
Audit Report of SinoPac Holdings The internal audit supervisor presented the audit report. Acknowledged and submitted to the Board of Directors.
2025/12/19 10th meeting of the 4th Audit Committee in 2025
2026 Internal audit plan of SinoPac Holdings. Independent report of the audit supervisor on the 2026 audit plan and the supplement to the 2026 financial examination priorities. All attending Committee members agreed that the proposing unit should review and revise the descriptions of the key audit items in the attached Audit Plan based on the latest financial inspection focus, and then submit it to the Board of Directors for approval.
- Communication between Independent Directors and and CPAs.
Date of Audit Committee Term Agenda Key Communication Points Audit Committee Resolution 2025/03/05 1st meeting of the 4th Audit Committee in 2025
The 2023 Annual Consolidated Financial Report of SinoPac Holdings and its Subsidiaries, and SinoPac Holdings’ 2023 Annual Business Report. The CPAs presented the audit report and opinions on the consolidated financial statements and business report. Approved and submitted to the Board of Directors for deliberation. 2025/03/14 2nd meeting of the 4th Audit Committee in 2025
Appointment and compensation of CPAs in 2025 for SinoPac Holdings and its subsidiaries. The CPAs presented AQI Report. Approved and submitted to the Board of Directors for deliberation. 2025/05/16 3rd meeting of the 4th Audit Committee in 2025
The consolidated financial statements of SinoPac Holdings and its subsidiaries for Q1 2025 The CPAs presented the audit report and opinions on the consolidated financial statements and business report. Approved and submitted to the Board of Directors for deliberation. 2025/06/13 4th meeting of the 4th Audit Committee in 2025
CPAs’ opinions on financial statements and internal controls were reported to the Audit Committee respectively. The certified public accountants reported on the audit plan for the Company’s Q2 2025 financial statements and provided an explanation of the Group’s response to the global minimum tax regime. Acknowledged. 2025/08/15
6th meeting of the 4th Audit Committee in 2025
The consolidated financial statements of SinoPac Holdings and its subsidiaries for Q2 2025 The CPAs presented the audit report and opinions on the consolidated financial statements and business report. Approved and submitted to the Board of Directors for deliberation. 2025/11/14 9th meeting of the 4th Audit Committee in 2025
The consolidated financial statements of SinoPac Holdings and its subsidiaries for Q3 2025 The CPAs presented the audit report and opinions on the consolidated financial statements and business report. Approved and submitted to the Board of Directors for deliberation. 2025/12/19 10th meeting of the 4th Audit Committee in 2025
CPAs’ opinions on financial statements and internal controls were reported to the Audit Committee respectively. The certified public accountants reported on the 2025 audit plan for SinoPac Holdings and its subsidiaries, as well as on the pre-approval of non-assurance services by the Corporate Governance Unit. Acknowledged.