FUNCTIONAL COMMITTEES

Primary job responsibilities

The Audit Committee primarily assists the Board of Directors in fulfilling its supervisory responsibilities and is responsible for tasks assigned by company law, Securities and Exchange Act, and other relevant regulations. The Audit Committee of the Company is composed of all independent directors and operates in accordance with the Company's Audit Committee Charter, maintaining effective communication and contact channels with internal auditors, certified public accountants, and others within the company.

For detailed organizational regulations and attendance at meetings, please refer to the Audit Committee Charter and the MOPS website.

Audit Committee meeting status

Policy for communication between independent directors, the head of internal audit, and CPAs

1. Regular meetings are conducted between independent directors and CPAs. Any findings or internal deficiencies discovered by audits of annual financial reports or the review of quarterly consolidated financial statements are referred to the independent directors. Extraordinary meetings may also be convened at any time should serious anomalies arise.
2. Regular meetings are conducted between the internal auditor and the independent directors to report on internal audit progress and internal controls. Any questions from the independent directors are answered on the spot. Such meetings are held at least once per quarter. Each independent director is kept up to date on the progress of internal audits. In the event of any anomaly, the internal auditor can be contacted by phone, or an extraordinary meeting may be convened.

Descriptions of Independent Directors’ Communications with the Independent Auditors Descriptions of Independent Directors’ Communications with the Internal Auditors

Primary job responsibilities

1. Set and regularly review the policy, system, standard and structure of remuneration for directors (including the Chairman), and managerial officers above the grade of President and Vice President based on the Company's goals, business performance, competitive environment and other factors.
2. Evaluate the outcomes of performance targets set for directors, the Chairman, and managerial officers above the grade of President and Vice President on a regular basis, then set the content and amount of individual remuneration based on individual performance evaluations. The content and amount of directors' remuneration should be reasonable and linked to the BOD performance.
3. Assess and determine the level of benefits for managerial officers above the grade of President and Vice President.

For detailed organizational regulations and attendance at meetings, please refer to the Remuneration Committee Charter and the MOPS website.

Remuneration Committee meeting status

Primary job responsibilities

1. The identification of suitable candidates for recommendation to the BOD for appointment as Primax directors, President, CEO, CFO, and directors and supervisors at key subsidiaries.
2. A review of the qualifications of nominated candidates and advice to the BOD about any replacements that should be made.

Details on the committee charter and meeting attendance can be found in the Nomination Committee Charter and MOPS website.

Nomination Committee meeting status

Primary job responsibilities

1. Examine various types of risk management policies
2. Assess the adequacy of the risk management framework
3. Review early warning and response measures for significant risk management issues and supervise improvement mechanisms
4. Regularly report the implementation status of risk management to the board

Details on the committee charter and meeting attendance can be found in the Risk Management Committee Charter and MOPS website

Risk Management Committee meeting status