Major Resolutions of Board Meetings

Major Resolutions of Board Meetings 2017
Meeting Date Major Reslutioons
2017/1/25

● Approved 2017 Business Plan.
● Approved of the application for General credit lines , foreign credit lines ,and derivatives transactions lines.
● Approved of the endorsement and guarantee facilities in subsidiaries for the 1st Quarter, 2017.
● Approved to abandon the application for endorsement and guarantee facilities in subsidiaries that approved by the board in 2016.
● Approved of the Managers' year-end bonus that Compensation Committee presented for 2017.
● Approved of the Managers' remuneration and performance that  Compensation Committee presented for 2017.
● Approved of the Directors' and Supervisors' remuneration and performance that Compensation Committee presented for 2017.
● Approved of the new Managers' salary that Compensation Committee presented.
● Approved of the Managers' performance bonus for 4st Quarter 2016.
● Approved to enlarge and amend the Rules and regulations related to remuneration and performance .
● Approved  the independence evaluation of certified accountant.
● Approved to enlarge and amend  ''Internal Control System ''  and "Audit Implementation Rules".
● Approved to enlarge and amend the  Procedures for trading halts.

2017/3/9 ● Approved  the disposal of machinery equipment and the follow-up  investment.
2017/3/23

● Approved to revised“Articles of Incorporation”.
● Approved to issue 2016 Statement of Internal Control System.
● Approved of the new Managers' salary that Compensation
Committee presented.
● Approved of the distribution of the directors', supervisors' and employees' compensation  that Compensation Committee presented for 2016.
● Approved the 2016 Business Report and Financial Statements.
● Approved the Proposal for distribution of 2016 profits.
● Approved the Proposal for Cash Distribution From Additional paid-in capital.
● Approved to amend ”Procedures for Lending Funds to Other Parties”.
● Approved to amend ”Procedures for Endorsment & Guarantee”.

● Approved to amend  ”Procedures for acquisition or disposal of assets”.
● Approved to amend  "The rules of procedure for meetings of the board of directors".
● Approved to amend "Rules for Election of Directors and Supervisors".
● Approved to amend  "Rules of Procedure for Shareholders Meetings".
● Approved to amend "Ethical Corporate Management Best Practice Principles" and "Procedures for Ethical Management and Guidelines for Conduct".
● Approved to amend Codes of Ethical Behavior.
● Approved Corporate Social Responsibility Best-Practice Principles .
● Approved to re-election of directors.
● Approved to release the directors and representatives of corporate directors from the competition restrictions.
● Approved to ‎convene 2017 regular shareholders' meeting.
● Approved to ‎accept  letter of nomination for re-election of directors from shareholder(s) holding one percent (1%) or more of the total number of outstanding shares of the company.
● Approved the acquisition of PAN-JIT ASIA INTERNATIONAL INC. common shares.
● Approved the  additional endorsements/guarantees to subsidiary.

2017/4/28 ● Approved  the ‎list of candidates for (independent) directors.
● Approved to release the directors and representatives of corporate directors from the competition restrictions.
● Approved to apply for loaning of company funds.
2017/5/12 ● Approved of the Managers' performance bonus for 1st Quarter 2017.
● Approved of the distribution of the directors' and supervisors' compensation  that Compensation Committee presented for 2016.
● Approved of the distribution of the employees' (managers) compensation  that Compensation Committee presented for 2016.
● Approved of the new Managers' salary that Compensation
Committee presented.
● Approved to amend the Regulations For the distribution of  employees' compensation.
● Approved Audit Committee Charter.
● Approved Corporate Governance Best Practice Principles.
● Approved the  additional endorsements/guarantees to subsidiary.
2017/6/13 ● Approved to recommend the chairman of the board.
2017/8/11 ● Approved the appointment members as our 3rd compensation committee.
● Approved to enlarge and amend regulations, ''Internal Control System ''  and "Audit Implementation Rules".
● Approved Rules Governing the Scope of Powers of Independent Directors.
● Approved of the application for General credit lines , foreign credit lines ,and derivatives transactions lines.
● Approved of the application for Supply chain credit lines.
2017/11/10 ●Approved of the Managers' performance bonus for 2nd、3st Quarter 2017.
● Approved to increase salaries for managers.
● Approved of the new Managers' salary.
●Approved to increase the honorarium fee for Independent Directors to attend the board of directors.
● Approved of  the remuneration  standard  for Independent Directors.
●Approved 2018 audit plan.
● Approved to enlarge and amend regulations, ''Internal Control System ''  and "Audit Implementation Rules".
●Approved to apply for loaning of company funds.
● Approved of the application for General credit lines , foreign credit lines ,and derivatives transactions lines.
●Approved the  additional endorsements/guarantees to subsidiary.