Committees

Compensation Committee

Pegatron’s Compensation Committee was established in year 2011 and is composed of the 3 independent directors. The Board has established “Compensation Committee Charter” for compliance in accordance with the law.

The functions of the Committee are: 
(1) Professionally and objectively evaluate the policy and system for compensation of the directors, supervisors, and managerial officers of this Corporation. 
(2) Submit recommendations to the board of directors for its reference in decision making.

The Compensation Committee shall convene at least twice yearly.

5 meetings of the compensation committee were held in 2023. The average attendance rate was 100%.

The Compensation Committee is comprised of three members including three independent directors, Mr. Z.W. Wang, Mr. C. Lin, and Mr. C.P. Hwang. Please consult our Annual Report for more information about the Committee.

Audit Committee

Pegatron’s Audit Committee was established in year 2013 and is composed of the entire number of independent directors in accordance with law. The Board has established “Audit Committee Charter” for compliance. The main function of the Audit Committee is to supervise fair expression of Pegatron’s financial reports, the hiring (and dismissal) and the independence and performance evaluating of certificated public accountants, the effective implementation of the internal control system, compliance with relevant laws and regulations and management of existing or potential risks.

The Audit Committee is comprised of three members including three independent directors, Mr. C. Lin, Mr. Z.W. Wang, and Mr. C.P. Hwang. Please consult our Annual Report for more information about the Committee.

Pegatron’s Audit Committee shall convene at least once quarterly and may invite certified public accountants, internal audit officers and managers of finance and accounting to join. 
Independent auditors presented their findings on Company’s financial result of the 2nd and 4th quarter in the meeting. The head of Internal auditors attended Audit Committee quarterly and presented the findings of all audit reports in the quarterly meetings of Audit Committee.

In complying with the duties of Audit Committee, it has supervised

• The fair expression of financial reports : Financial report of every quarter in 2023Y has been approved by Audit Committee

• The effective implementation of the internal control system

• The major disposal of asset and shareholdings

• The change of external Auditor and compensation, independence and suitability of external Auditor

• The position adjustment of Financial officer

Major resolution of Audit Committee is disclosed hereunder.

8 meetings of the audit committee were held in 2023. The average attendance rate was 91.67%.