Audit Committee

●Review of Financial Reports

The Paragon of Directors has prepared the business report, financial statements, and profit distribution plan for the year 2023. The financial statements have been audited by the certified public accountants Mr. Weng Bo-ren and Mr. He Rui-Xuan from Deloitte & Touche, who issued an unqualified audit report. The aforementioned business report, financial statements, and profit distribution plan have been reviewed by our Audit Committee and found to be in compliance.

●Evaluation of the Effectiveness of Internal Control Systems

The Audit Committee evaluated the effectiveness of the company’s internal control system policies and procedures. It reviewed the company’s audit department, the work of the signing auditors, and management’s periodic reports, including risk management and compliance with regulations. The Audit Committee concluded that the company’s risk management and internal control systems are effective, and necessary control mechanisms have been implemented to monitor and rectify non-compliant behaviors.

●Appointment of Signing Auditors

The Audit Committee is tasked with overseeing the independence of the accounting firm, to ensure the fairness of the financial statements. Generally, except for tax-related services or specifically approved items, the accounting firm should not provide other services to the company. All services provided by the accounting firm must be approved by the Audit Committee. To ensure the independence of the accounting firm, the Audit Committee has developed an independence evaluation form, referencing Article 47 of the Certified Public Accountant Act and the Declaration No. 10 of the Professional Ethics Code for Certified Public Accountants on “Integrity, Fairness, Objectivity, and Independence.” This form is used to assess the independence, professionalism, and suitability of the accountants, evaluating whether there are any relationships, business, or financial interests between the accountants and the company. On March 13, 2024, during the 13th meeting of the 3rd session of the Audit Committee and the 18th meeting of the 13th session of the Board of Directors, it was deliberated and passed that the accountants, Weng Bo-Ren, and On November 6, 2024, during the 3th meeting of the 4th session of the Audit Committee and the 4th meeting of the 14th session of the Board of Directors, it was deliberated and passed that the accountants, Yu Meng-Kuei, meet the independence evaluation criteria and are qualified to serve as the company’s financial and tax certification accountants. The Audit Committee is endowed with the responsibility to supervise the independence of the accounting firm, to ensure the integrity of the financial statements.