Corporate Governance Situation

EOI is committed to building an effective corporate governance system, protecting the rights and interests of shareholders, strengthening the functions of the board of directors, exerting the functions of supervisors, respecting the rights and interests of stakeholders, and enhancing information transparency to implement the spirit of corporate governance. The company firmly believes in a sound and sound board of directors. EOI firmly believes that a sound board of directors governance system is the fundamental foundation of good corporate governance. Furthermore, EOI has established an audit committee and a compensation committee to facilitate the board of directors to carry out their duties.

Corporate Governance Practices

The Board of Directors Supervises the Promotion of Sustainable Development

Management Policy: Follow EOI's " Code of Practice for Sustainable Development ".

Chief Corporate Governance Officer

The Company’s board of directors resolved to appoint Lin Jun-Chou, CFO of the Company, as the Chief Corporate Governance Officer on December 23, 2021.

The Corporate Governance Officer has more than 3 years of management experience in legal compliance, internal audit, and financial affairs of a securities, financial, or futures related institution.

The position is accountable for corporate governance matters, including：
1. Handling matters relating to board meetings and shareholders meetings according to laws
2. Producing minutes of board meetings and shareholders meetings
3. Assisting in onboarding and continuous development of directors and supervisors
4. Furnishing information required for business execution by directors and supervisors
5. Assisting directors and supervisors with legal compliance
6. Other matters set out in the articles of incorporation or by contracts

Status of Chief Corporate Governance Officer's education courses：

2024 training record

Date	Host by	Course name	Study hours
2024/9/20	Taiwan Stock Exchange	2024 Annual Insider Trading Prevention Promotion Conference	3 Hr
2024/11/12	Securities and Futures Institute	Discussion on employee and director remuneration issues - starting from the amendments to Article 14 of the Securities and Exchange Act	3 Hr
2024/11/21	Securities and Futures Institute	Challenge and opportunity in the sustainable development roadmap and introduction of greenhouse gas inventory	3 Hr
2024/12/5	Securities and Futures Institute	How to implement sustainable development of enterprises	3 Hr

2023 training record

Date	Host by	Course name	Study hours
2023/10/13	Securities and Futures Institute	2023 Annual Insider Trading Prevention Promotion Conference	3 Hr
2023/10/18	Securities and Futures Institute	Talent sustainability challenges after the epidemic	3 Hr
2023/10/24~2023/10/25	Securities and Futures Institute	Initial director and supervisor (including independent) and corporate governance officer	3 Hr

2022 training record

Date	Host by	Course name	Study hours
2022/12/9~2022/12/9	Securities and Futures Institute	Value of information security in the post-epidemic era and China–United States trade war	3 Hr
2022/12/14~2022/12/14	Securities and Futures Institute	Discussion on corporation financial statement fraud cases	3 Hr
2022/12/14~2022/12/14	Securities and Futures Institute	Challenge and opportunity in the sustainable development roadmap and introduction of greenhouse gas inventory	3 Hr
2022/12/16~2022/12/16	Securities and Futures Institute	The most overlooked financial information	3 Hr

The company’s BOD had approved to appoint Shang Huifen as the full-time corporate governance manager. The corporate governance manager has more than three years of experience as an internal audit agent and stock manager.

The operating performance of corporate governance for 2024：
1. Summarize the content of the board meeting prepared by each proposal unit, and provide sufficient meeting information, send it together with the notice of the convening and notify the relevant personnel to attend the explanation according to the content of the motion. (Totaled 5 meetings in 2024)
2. Register before the date of the shareholders' meeting, make meeting notices, deliberations manuals, deliberations, and disclose relevant materials before the prescribed deadline, and provide English translations for global investors to read simultaneously. (Held once in 2024)2. Register before the date of the shareholders' meeting, make meeting notices, deliberations manuals, deliberations, and disclose relevant materials before the prescribed deadline, and provide English translations for global investors to read simultaneously. (Held once in 2023)
3. Continuously improvement on corporate governance through the indicators from Corporate Governance Evaluation System. We got 93.92 scores in the 2023 Corporate Governance Evaluation, which is the top 6%-20%.

The operating performance of corporate governance for 2023：
1. Summarize the content of the board meeting prepared by each proposal unit, and provide sufficient meeting information, send it together with the notice of the convening and notify the relevant personnel to attend the explanation according to the content of the motion. (Totaled 5 meetings in 2023)
2. Register before the date of the shareholders' meeting, make meeting notices, deliberations manuals, deliberations, and disclose relevant materials before the prescribed deadline, and provide English translations for global investors to read simultaneously. (Held once in 2023)
3. Continuously improvement on corporate governance through the indicators from Corporate Governance Evaluation System. We got 99.82 scores in the 2022 Corporate Governance Evaluation, which is the top 6%-20%.

The operating performance of corporate governance for 2022：
1. Summarize the content of the board meeting prepared by each proposal unit, and provide sufficient meeting information, send it together with the notice of the convening and notify the relevant personnel to attend the explanation according to the content of the motion. (Totaled 5 meetings in 2022)
2. Register before the date of the shareholders' meeting, make meeting notices, deliberations manuals, deliberations, and disclose relevant materials before the prescribed deadline, and provide English translations for global investors to read simultaneously. (Held once in 2022)
3. Continuously improvement on corporate governance through the indicators from Corporate Governance Evaluation System. We got 85.49 scores in the 2021 Corporate Governance Evaluation, which is the top 21%-35% in the whole listed company and the top 11%-20% in the companies with 5-10 billion market value.

EOI is committed to the sustainable development of the enterprise. In addition to continuously practicing ESG principles, we place great emphasis on the succession of the group's board of directors and management team. The group adopts a dual-track succession system, cultivating both family members and long-serving professional managers for succession.

Regarding the succession planning for the board of directors, EOI nurtures senior executives to enter the board, familiarizing them with its operations. Through supervising and managing various functional units, they deepen their operational and managerial experience. Currently, the group has several high-level management talents, providing a pool of talent for future board positions. Considering diversity and independence, the number of directors concurrently serving as company executives does not exceed one-third of the board seats. There are four independent directors, and attention is paid to gender equality, ensuring that they possess the necessary knowledge, skills, and qualities to fulfill their duties. Potential successors are selected through long-term observation, complemented by their individual career development plans. They are also supported with external training programs from regulatory authorities and institutions such as the Financial Supervisory Commission, Taiwan Stock Exchange, and Chinese Corporate Governance Association, to enhance their business and management capabilities, covering strategic planning, international operations, global marketing, innovation management, and new economies.

Regarding succession planning for key management positions, it is also accompanied by individual career development plans and EOIs' talent development system, defining their key roles. Two to three potential successors are identified for each key position, focusing training resources on their development based on their strengths and potential. This includes management programs, enhancement of new technological capabilities, and job rotations. Since 2020, readiness preparation has been improved.

Fanny Huang, the current General Manager of the group, joined EOI in 1995 and entered the board in 2000. She served as Chairman from 2000 to 2004 and from 2007 to 2019, previously holding positions such as Deputy General Manager, General Manager, and Chairman.

Ader Wu, the current Deputy General Manager, joined EOI in 2000. He has held positions such as section chief, deputy manager, manager, department head, associate manager, and senior associate manager, supervising and managing research and development, engineering, production, quality assurance, customer service, information technology, plant operations, and projects, and was appointed Deputy General Manager in 2016.

Lawrence Tsai, the current Associate Manager, joined EOI in 2004. He has held positions such as section chief, deputy manager, manager, and senior manager, specializing in group production management, material management, and import and export business, and was appointed Associate Manager in 2020.

Yaxuan Huang, the current Manager, joined EOI in 2005. She has held positions such as business engineer, section chief, deputy manager of personnel, and manager of administration and finance, previously serving as the manager of the group's US subsidiary and obtaining a master's degree in human resources from the University of Southern California in 2018.

Allan Kuo, the current Global Marketing Director, joined EOI in 2007 and is currently stationed in the United States. He has held positions such as engineer, associate manager, department head, and senior associate manager, specializing in global marketing planning and business development, and was appointed Global Marketing Director in 2019.

Jessie Lin, the current Associate Manager, joined EOI in 2007. She has held positions such as section chief, deputy manager, manager, and senior manager, focusing on the group's business in Europe and the United States, and was appointed Associate Manager in 2024.

Alen Yang, the current Senior Associate Manager, joined EOI in 2010. He has held positions such as manager, senior manager, and associate manager, supervising and managing research and development technical teams in organizations, heat flow, and optics, and was appointed Senior Associate Manager in 2019.

Guoqing Jiang, the current Associate Manager, joined EOI in 2016. He has held positions such as manager and senior manager, supervising and managing the group's module quality assurance, and was appointed Associate Manager in 2024.

Yujun Huang, the current Director, joined EOI in 2017 as an engineer, serving in roles such as project management, electronics, and engineering, and entered the board in 2019.

The management department of the group regularly holds several supervisor learning sessions each year, chaired by the general manager. Senior executives and department heads conduct themed courses and discussions on company strategy planning and quality management. Leveraging the organizational culture and leadership practices of senior executives and department heads, they consolidate corporate consensus. The course topics include systems thinking, performance management and talent management, high-performance leadership, organizational change and continuous renewal, change management, strategic thinking and planning, leadership career growth, talent development and leadership succession, strategic mapping, leadership development and system, etc. In addition to sharing new technological knowledge and benchmarking corporate examples, an understanding of the latest management thinking and trends internationally is sought to establish international standards and pursue sustainable management goals.

Prevention of insider trading

In our company’s policies,such as “MA-114 prevention of insider trading”,“Procedures for Handling Material Inside Information”, “Corporate Governance Best Practice Principles”. In “Corporate Governance Best Practice Principles”, article 10.It is advisable that the rules mentioned in the preceding paragraph include stock trading control measures from the date insiders of a TWSE/TPEx listed company become aware of the contents of the company's financial reports or relevant results. Measures include, without limitation, those prohibiting a director from trading its shares during the closed period of 30 days prior to the publication of the annual financial reports and 15 days prior to the publication of the quarterly financial reports.

Prevention of insider trading execution for 2024:
1. The Company will provide education and promotion of the "Regulations on Preventing Insider Trading", "Internal Important Information Processing Procedures" and related laws to current directors, managers and employees at least once a year, and to new directors and managers after taking office. That is, we arrange education and promotion, and provide education and promotion to new employees in the planning of general training courses for new employees.
2. The Company regularly and irregularly publicizes the law prohibiting insider trading every year, reminding directors, managers, and employees not to trade their stocks during the closed period of thirty days before the annual financial report announcement and fifteen days before the quarterly financial report announcement.
3. The Company will conduct a physical notification to all directors and independent directors on November 14, 2024, and conduct an electronic notification to all directors, independent directors, and managers at the beginning of each month, at least 12 times a year. We conduct regular promotions and provide 499 managers and employees with 499 hours of education and training at irregular intervals in 2034, taking positive actions to remind internal personnel and employees to avoid accidentally violating regulations.
4. After class, the course video files will be placed in the internal employee training system for managers, employees, and those who were absent that day to review and access at any time.

Prevention of insider trading execution for 2023:
1. 2023/11/3 BOD of director to sign declarative statement to assure all BOD of director know the new prevention of insider trading rule.
2. 2022/11/3 CFO report the new prevention of insider trading rule 3.Every month the Stock affairs unit will email to all insiders about the prevention of insider trading.
3. In 2022, the BOD relection.All the new BOD director signed the declarative statement.
4. 2023/7/27 54 insiders participated the prevention of insider trading training for 3 HR.

Prevention of insider trading execution for 2022:
1. 2022/11/3 BOD of director to sign declarative statement to assure all BOD of director know the new prevention of insider trading rule.
2. 2022/11/3 CFO report the new prevention of insider trading rule 3.Every month the Stock affairs unit will email to all insiders about the prevention of insider trading
3. In 2022, the BOD relection.All the new BOD director signed the declarative statement.
4. 2022/10/12 24 insiders participated the prevention of insider trading training for 2.5 HR.