Organization

Board of Directors

Chariman: Dr. Biing-Jye Lee
Vice Chairman: Representative of AU Optronics Corp.: Paul SL Peng
Director: Dr. David Su
Director: Chin-Yung Fan
Independent Director: Dr. Wei-Min Sheng
Independent Director: Sen-Tai Wen
Independent Director: Chi-Yen Liang
Independent Director: Shian Ho Shen
Independent Director: Wei-Chen Wang

Successor cultivation planning for key management

Top 10 Shareholders

Ennostar Intellectual Property (IP) Management Plan

Audit Committee

Dr. Wei-Min Sheng
Sen-Tai Wen
Chi-Yen Liang
Shian Ho Shen
Wei-Chen Wang

The Audit Committee assists the Board in fulfilling its oversight of the quality and integrity of the accounting, auditing, reporting, and financial control practices of the Company.

The Audit Committee is responsible to review the Company’s: financial reports; auditing and accounting policies and procedures; internal control systems; material asset or derivatives transactions; material lending funds, endorsements or guarantees; offering or issuance of any equity-type securities; legal compliance; related-party transactions and potential conflicts of interests involving executive officers and directors; Ombudsman reports; fraud investigation reports; corporate risk management; hiring or dismissal of an attesting CPA, or the compensation given thereto; and appointment or discharge of financial, accounting, or internal auditing officers.

Under R.O.C. law, the membership of the Audit Committee shall consist of all independent Directors. The five independent directors all meet the qualifications, such as professionalism, work experience, independence, and the number of serving as independent directors. They also conduct internal performance evaluations of the Audit Committee on a regular basis every year.

Ennostar’s Audit Committee is empowered by its Charter to conduct any study or investigation it deems appropriate to fulfill its responsibilities. It has direct access to Ennostar’s internal auditors, the Company’s independent auditors, and all employees of the Company. The Committee is authorized to retain and oversee special legal, accounting, or other consultants as it deems appropriate to fulfill its mandate.

The Audit Committee is convened at least once a quarter. Please consult Ennostar 's Taiwan Annual Report for the relevant year for the number of meetings convened and each member’s attendance rate.

Descriptions of the communications between the independent directors (Supervisor), the internal auditors, and the independent auditors in 2021

Compensation Committee

Dr. Wei-Min Sheng
Chi-Yen Liang
Sen-Tai Wen
Shian-Ho Shen

The Compensation Committee assists the Board in discharging its responsibilities related to Ennostar’s compensation and benefits policies, plans and programs, and in the evaluation and compensation of Ennostar’s directors of the Board and executives.

The members of the Compensation Committee are appointed by the Board as required by the law of R.O.C.. The Compensation Committee of Ennostar Inc. is composed of four independent members. In addition to being familiar with the operation of both Epistar and Lextar, the Members also have sufficient experience in the industry as well as in corporate governance field.The Chairman of the Board and president are invited by the Committee to attend all meetings and is excused from the Committee’s discussion of his own compensation.

Ennostar’s Compensation Committee is authorized by its Charter to retain an independent consultant to assist in the evaluation of general manager and manager compensation. compensation.

The Remuneration Committee shall be convened at least twice a year, and the internal performance evaluation of the Remuneration Committee shall be conducted regularly every year.
Please consult Ennostar 's Taiwan Annual Report for the relevant year for the number of meetings convened and each member’s attendance rate.

Internal Audit

Internal audit is an independent unit under the board of directors, equipped with a full-time audit supervisor and an appropriate number of internal auditors. The appointment and dismissal of the audit supervisor shall be approved by the board of directors and the appointment, dismissal, appraisal, salary and remuneration of internal auditors shall be approved by the chairman of the board.
The company has established an internal control system in accordance with the laws and regulations, and the internal audit unit formulates detailed rules for the implementation of the internal audit to implement and measure the effectiveness and compliance of the existing system; the audit scope covers the subsidiaries.
The audit of the company is carried out in accordance with the audit plan approved by the board of directors. The plan is formulated according to the results of the risk assessment and a special audit shall be carried out as required. The audit results shall be reported to the chairman and the supervisor every month or when necessary and shall be presented at the board meeting.
The internal auditors shall report the audit results of various operations to the management to make them understand the existing or potential deficiencies and improvement status and review the self-assessment reports of each unit and subsidiary of the company to serve as the main basis for the board of directors and the president to evaluate the effectiveness of the overall internal control system and for issuing the statement on the internal control system.