Higgstec Investor Relations: Financial Information & Shareholder Services

Audit Committee

The Audit Committee of the company is composed of three independent directors and is established to assist the Board of Directors in enhancing corporate governance performance. Its responsibilities include:

1.Formulating or amending internal control systems in accordance with Article 14-1.

2.Evaluating the effectiveness of internal control systems.

3.Establishing or amending procedures for major financial and business activities, such as asset acquisition or disposal, derivative transactions, loans to others, endorsements, or guarantees, as per Article 36-1.

4.Matters involving conflicts of interest with directors.

5.Major asset or derivative transactions.

6.Significant loans, endorsements, or guarantees.

7.Fundraising, issuance, or private placement of equity-related securities.

8.Appointment, dismissal, or compensation of certified public accountants (CPAs).

9.Appointment or dismissal of financial, accounting, or internal audit officers.

10.Annual financial reports signed or stamped by the chairman, managers, and accounting officers, as well as second-quarter financial reports requiring CPA audits or reviews.

11.Other significant matters as stipulated by the company or regulatory authorities.

12.The Audit Committee convenes regular meetings quarterly. Within its scope of authority, it may request the presence of relevant departmental managers, internal auditors, CPAs, legal advisors, or other personnel to provide necessary information.