Apacer set up the Remuneration Committee on June 2012.

 

Duties of the Remuneration Committee

The main duties of the Remuneration Committee is to faithfully perform the following matters by exercising due diligence of a good administrator and submit its suggestions to the Board of Directors for discussion:

  • Establish and periodically review the Articles of Association of the Remuneration Committee, and submit correction suggestions.
  • Establish and periodically review the policy, system, standard and structure with respect to the long-term performance goals and remuneration for directors and managerial officers.
  • Periodically evaluate the achievement of the directors and managerial officers’ performance goals and determine the contents and amount of their individual remuneration.

 

Information on the operation of the Remuneration Committee
  • Our Remuneration Committee is composed of three members.
  • The term of the current members: July 14, 2021 - July 13, 2024

 

2023 Operation of the Remuneration Committee

Title

Name

Number of meetings attended

Number of meetings attended by proxy

Attendance rate (%) 

Remarks

Convener

Max Wu

3

  0  100%  

Member

Philip Peng

3

  0   100%  

Member

  Cathy Han 3  0   100%  
Other matters to be specified:
  1. If the Board of Directors does not adopt or revise the suggestions of the Remuneration Committee, the date, term and proposal of the Board of Directors meeting, the Board of Directors resolution and actions taken by the Company on the Remuneration Committee’s opinions shall be specified (if the amount of remuneration adopted by the Board of Directors is higher than that suggested by the Remuneration Committee, the differences and reasons must be indicated): None.
  2. For any resolution of the Remuneration Committee for which dissent or reservation is expressed by any of the members and recorded in the minutes or a written statement, the date, term and proposal of the Remuneration Committee meeting, opinions of all members and actions taken on such opinions shall be specified: None.

 

Recently Remuneration Committee proposal and resolution

Date

Meeting

Remuneration Committee Proposal

Remuneration Committee Resolution

The Company's action on the Committee's opinion

20250220

1st meeting

Proposal for distribution of the profit sharing bonus for employees and directors in FY 2024

 Approved by all of the Committee members present Approved by all of the directors present

20250220

1st meeting

Proposal for the issuance restricted stock awards in FY 2025

 Approved by all of the Committee members present Approved by all of the directors present

20250724

2nd meeting

 Proposal for the amendment to the regulations governing the issuance of 2025 Restricted Stock Awards Approved by all of the Committee members present Approved by all of the directors present

20250724

2nd meeting

 Proposal for  distribution of  Restricted Stock Awards for managers in FY 2025 Approved by all of the Committee members present The proposal was approved by a resolution of the directors present, excluding the Chairman and CSO Austin Chen, the CEO Chang Chia-Kun and  the President Chen Ming-Da who did not participate in the discussion and voting due to personal interests.

20250724

2nd meeting

 Proposal for the distribution of 2025 Restricted Stock Award in Excess of the limit to a single manager. Approved by all of the Committee members present The proposal was approved by a resolution of the directors present, excluding the Chairman and CSO Austin Chen, the CEO Chang Chia-Kun and  the President Chen Ming-Da who did not participate in the discussion and voting due to personal interests.

20250724

2nd meeting

 Proposal for adjustment of the salary for managers in FY 2025 Approved by all of the Committee members present The proposal was approved by a resolution of the directors present, excluding the Chairman and CSO Austin Chen, the CEO Chang Chia-Kun and  the President Chen Ming-Da who did not participate in the discussion and voting due to personal interests.

20251218

3th meeting

 Proposal for distribution of the performance bonus for managers in FY 2025 Approved by all of the Committee members present The proposal was approved by a resolution of the directors present, excluding the Chairman and CSO Austin Chen, the CEO Chang Chia-Kun and  the President Chen Ming-Da who did not participate in the discussion and voting due to personal interests.

20251218

3th meeting

 Proposal for distribution of the employee profit sharing bonus for managers in FY 2025 Approved by all of the Committee members present The proposal was approved by a resolution of the directors present, excluding the Chairman and CSO Austin Chen, the CEO Chang Chia-Kun and  the President Chen Ming-Da who did not participate in the discussion and voting due to personal interests.

20251218

3th meeting

 Proposal for distribution of the Employee Stock Ownership Trust for managers in FY 2026 Approved by all of the Committee members present The proposal was approved by a resolution of the directors present, excluding the Chairman and CSO Austin Chen, the CEO Chang Chia-Kun and  the President Chen Ming-Da who did not participate in the discussion and voting due to personal interests.

20251218

3th meeting

 Proposal for definition of the scope of  rank-and-file employees Approved by all of the Committee members present Approved by all of the directors present