京元電子

ESGOverview Words from President Stakeholder area Corporate Governance Sustainable Supply Chain Environmental Protection Human Capital Development Social Participation Sustainability report

KYEC formulates Articles of Incorporation, “The Regulations of Corporate Governance,” and company organization structure following Company Act, Securities and Exchange Act, “Corporate Governance Best Practice Principles for TWSE/TPEx Listed Companies,” and relevant regulations. Shareholders’ meeting and Board of Directors are on the top of the Company corporate governance structure. Shareholders can exercise their voting rights through Shareholders' Meeting electronic voting platform, to involve the decision-making process of critical operations and further enhance the convenience of shareholders' participation in shareholders’ meeting. Every proposal is voted sequentially in the meeting, and resolutions are recorded in the meeting minute, to make the operation be under the highest standard of corporate governance. The Company sets up the Audit Committee and Compensation Committee through authorizing by the Board of Directors, to assist the Board performs its supervisory responsibilities.

「Business conduct and ethics compliance reporting system」

Board of Directors Compensation Committee Audit Committee Critical resolutions made by Board of Directors in recent years Grievance and Whistleblowing

2020 Key resolutions made by the Board of Directors

Date	Session	Important resolutions
2022/03/04	Board of Directors’ meeting	Approved the 2021 Declaration of Internal Control System. Approved the motion for the Company’s 2022 budget. Approved the amendment to “Operating Procedures for Acquisition or Disposition of Assets.” Approved the motion for assessment on independence and competency of CPAs. Approved the 2021 separate financial statement and consolidated financial statements. Approved the discussion of the motion for allocation of remuneration to employees in 2021 and the motion proposed by the remuneration committee for the remuneration to directors in 2021.
2022/04/08	Board of Directors’ meeting	Approved the 2021 business report. Approved the motion for the 2021 earnings distribution. Approved the motion to change the Company’s CPAs in response to adjustments to the internal organization of EY. Approved the motion for organization of the Company’s 2022 general shareholders’ meeting at 2F., No.6, Yule St., Toufen City, Miaoli County, Taiwan (Grand Royal Hotel Conference Room 205) on June 29, 2022 (Wednesday) at 9 a.m. Approved the adjustments made by the Remuneration Committee to the remuneration recommended for the Company’s managers for 2022.
2022/05/06	Board of Directors’ meeting	Approved the interim consolidated financial statements for the period January 1–March 31, 2022. Approved the discussion of the motion for allocation of directors’ remuneration in 2021 recommended by the Remuneration Committee. Approved the termination of the initial public offering (IPO) of RMB common stock (A shares) of the Company’s subsidiary King Long Technology (Suzhou) Ltd. and its application for listing on the Shanghai Stock Exchange/Shenzhen Stock Exchange. Approved matters relevant to the 2022 shareholders’ meeting (addition of proposals).
2022/06/29	Board of Directors’ meeting	1. Approved the date of dividend distribution.
2022/08/05	Board of Directors’ meeting	Approved the interim consolidated financial statements for the period January 1–June 30, 2022. Approved the provision of endorsement and guarantee by the Company’s subsidiary King Long Technology (Suzhou) Ltd. to wholly-owned subsidiary Suzhou Zhen Kun Technology Ltd. Approved amendments to the “Internal Control System.” Approved the employee equity incentive program for the Company’s subsidiary, King Long Technology (Suzhou) Ltd. Approved the discussion of the adjustments made by the Remuneration Committee regarding the proposed distribution of cash remuneration to the Company’s employees for 2021.
2022/09/07	Board of Directors’ meeting	Approved the discussion of matters recommended by the Company’s Audit Committee with respect to the current internal audit report.
2022/10/06	Board of Directors’ meeting	Approved the motion to apply for medium and long-term loans from a financial institution. Approved the motion to apply for a syndicated loan of NT$8 billion with a syndicate including the Bank of Taiwan (hereinafter referred to as Syndicated Loan). Approved the motion for employee promotion. Approved the motion for personnel changes. Approved the discussion of the resolution approved during the last (18th) meeting of the (14th-term) Board of Directors regarding transfer documents prepared by the legal office.
2022/11/04	Board of Directors’ meeting	Approved the motion to apply for medium and long-term loans from a financial institution. Approved the interim consolidated financial statements for the period January 1–September 30, 2022. Approved the motion of the 2023 audit plan. Approved amendments to “Procedures for Handling Material Inside Information” and accordingly amendments to the “Internal Control System” and “ Internal Audit Implementation Rules.” Approved amendments to the Company’s Rules of Procedures for “Board of Directors Meetings.” Approved the motion for the 2022 professional fees of CPAs.
2022/11/30	Board of Directors’ meeting	Approved the discussion of matters for resolution as evaluated by the Company’s Audit Committee, which was suggested in a letter from the TWSE on November 3, 2022. Approved the discussion of ways to handle matters as evaluated by the Company’s Board of Directors, which was suggested in a letter from the TWSE on November 3, 2022.
2022/12/30	Board of Directors’ meeting	Approved the 2023 capital expenditures for the Company and its subsidiaries.