Audit Organization Operations

Internal Audit Organizational Hierarchy of the Company: The internal audit department of the company reports to the Board of Directors.

Number of Personnel in the Internal Audit Department:

The company’s internal audit department is staffed with a total of 2 people (the organizational structure is set for 3 people, and additional staff will be added as needed).
Among them:
Full-time Internal Audit Supervisor: 1
Full-time Internal Audit Staff: 1
1. The appointment and removal of the Internal Audit Supervisor must be approved by the Audit Committee and submitted to the Board of Directors for resolution.
2. The appointment, performance evaluation, and compensation of audit staff are approved by the Audit Supervisor and reported to the Board (or Vice Chairman) for approval.

Internal Audit Department’s Internal Control Inspection Methodology:

Periodic inspections are conducted by departments themselves, and the Audit Department reviews these inspections, along with an internal auditing system executed by the Internal Audit Department itself.