Corporate Governance - Highlights

Our board of directors has established an audit committee, a compensation committee, and a nominating and corporate governance committee.

Audit Committee

The audit committee is responsible for reviewing the financial information that will be provided to shareholders and others, reviewing the systems of internal controls that management and the board of directors have established, appointing, retaining and overseeing the performance of the independent registered public accounting firm, overseeing our accounting and financial reporting processes and the audits of our financial statements, and pre-approving audit and permissible non-audit services provided by the independent registered public accounting firm. Mr. Tsung-Ming Chung, Ms. Lien-Chun Liu, and Mr. Yung-Chien Wang are members of our audit committee. Our board of directors has determined that Mr. Tsung-Ming Chung, the Chairman of the audit committee, is the committee's Financial Expert as required by Nasdaq and SEC rules.

Compensation Committee

The compensation committee's basic responsibility is to review the performance and development of management in achieving corporate goals and objectives and to assure that our senior executives are compensated effectively in a manner consistent with our strategy, competitive practice, and the requirements of the appropriate regulatory bodies. Toward that end, this committee oversees, reviews, and administers all of our compensation, equity, and employee benefit plans and programs. Mr. Steve Chen, Ms. Lien-Chun Liu and Mr. Yung-Chien Wang are members of our compensation committee. Mr. Steve Chen is member of our compensation committee as the Chairman of the committee.

Nominating and Corporate Governance Committee

The nominating and corporate governance committee is responsible for overseeing, reviewing and making periodic recommendations concerning our corporate governance policies, and for recommending to the full board of directors candidates for election to the board of directors. Ms. Lien-Chun Liu, Mr. Yung-Chien Wang, and Mr. Steve Chen are members of our nominating and corporate governance committee, with Ms. Liu serving as the Chairman of the committee.

Committee Composition

Below is a summary of our committee structure and membership information. To read more about any of the committees, click on committee names in the chart below.

Audit Committee Compensation Committee Nominating and Corporate Governance Committee
James Chow
Wallace C. Kou
Steve Chen Compensation Committee Nominating and Corporate Governance Committee
Tsung-Ming Chung Audit Committee
Lien-Chun Liu Audit Committee Compensation Committee Nominating and Corporate Governance Committee
Yung-Chien Wang Audit Committee Compensation Committee Nominating and Corporate Governance Committee
Han-Ping D. Shieh
= Chairperson = Member = Financial Expert