Rules and Procedures for Meetings of the Board of Directors

Procedures for Election of Directors

Duties of Independent Directors

Board Performance Evaluation Procedure

The election of directors of the Company is based on a candidate nomination system, which is approved by the Board of Directors and submitted to the shareholders' meeting for election. All members of the board shall have the knowledge, skills, and experience necessary to perform their duties. To achieve the ideal goal of corporate governance, the Board of Directors shall possess the following abilities:
1. Ability to make operational judgments.
2. Ability to perform accounting and financial analysis.
3. Ability to conduct management administration.
4. Ability to conduct crisis management.
5. Knowledge of the industry.
6. An international market perspective
7. Ability to lead.
8. Ability to make policy decisions.


The composition of the Board of Directors shall be determined by taking diversity into consideration and formulating an appropriate policy on diversity based on the company's business operations, operating dynamics, and development needs. It is advisable that the policy include, without being limited to, the following two general standards:


Ⅰ. Basic requirements and values: Gender, age, nationality, and culture；
Ⅱ. Professional knowledge and skills: A professional background (e.g., law, accounting, industry, finance, marketing, or technology), professional skills, and industry experience.
EOI's Board of Directors consists of nine distinguished members. The Company places emphasis on diversifying the composition of its Board of Directors, including four independent directors and only two of them is managerial officer of EOI. Each board member has professional backgrounds in law, industry, finance, research and development, technology, business management, professional skills and industry experience, etc. to implement the Company's policy of diversifying the composition of the Board of Directors as set forth in the "Corporate Governance Best Practice Principles".
The Company also places emphasis on gender equality and independence in the composition of the Board of Directors, and currently has nine directors, including two female directors, with a ratio of 22% and the independent directors, with 44%.

To enhance the Board functions and to improve the operation efficiency of the Board of directors, system of performance evaluation and policy is established. The scope of the evaluation includes the performance evaluation of the Board of Directors as a whole, individual Board members and functional committees. The evaluation methods include internal self-assessment by the Board of Directors, self-assessment by Board members, peer assessment, appointment of external professional organizations, experts or other appropriate methods for performance evaluation.

EOI conducts an internal board performance self-assessment once a year. An external institution or experts might be appointed to conduct assessments of Board performance every three years. The results of the performance evaluation of the Board of Directors are completed by the end of the first quarter of the following year.

2020 Board Performance Evaluation
2021 Board Performance Evaluation
2022 Board Performance Evaluation
2023 Board Performance Evaluation
2024 Board Performance Evaluation

BOD performance review for the third party-first time:
Evaluation period:once for 3 years
Evaluation time:2021.8.2-2021.9.6
Evaluation scope:2020.8.1-2021.9.6
The third party: Corporate Governance Association(CGA)
The detail report please refer to the Chinese version website or the annual report.

BOD performance review for the third party-second time:
Evaluation period:once for 3 years
Evaluation time:2024.8.30-2024.11.21
Evaluation scope:2023.1.1-2024.10.31
The third party: Taipei Foundation Of Finance (TFF)
The detail report please refer to the Chinese version website or the annual report.