HWANG CHANG

Corporate Governance

Board of Directors

Position Title	Name	Major Education/Experience
Chairman	Cheng-Jin, Chiang	Junior High School Chairman of the Board, Hwang Chang General Contractor Co., Ltd.
Director	Chong-Lei, Huang	Department of Civil Engineering, Minghsin Institute of Technology Project Manager, Yi Hsin Construction Co., Ltd. President, Hwang Chang General Contractor Co., Ltd.
Director	Wei-Hong, Chen	M.S. in Resources Engineering, National Cheng Kung University Executive Vice President, Hwang Chang General Contractor Co., Ltd.
Director	Shu-Tsung, Huang	National Chung Hsing Senior High School Site Manager, San Hu Construction Co., Ltd. Executive Vice President, Hwang Chang General Contractor Co., Ltd.
Independent Director	Zih-Siou, Ni	Master’s Degree, Graduate Institute of Law, National Taiwan University Attorney-at-Law, Tai-Ying International Business Law Office Attorney, Yung Chun Law Firm
Independent Director	Yu-Ching Tsai	Master’s Degree, Graduate Institute of Accounting, National Taiwan University Partner,Everwell & Co., CPAs

The Company adopts a candidate nomination system for the election of directors. Director candidates are nominated and approved by the Board of Directors and subsequently elected by shareholders at the shareholders’ meeting.

Members of the Board of Directors are expected to possess the knowledge, skills, and professional competencies necessary to perform their duties effectively. To achieve the Company's corporate governance objectives, the Board as a whole should possess the following core competencies and capabilities:

1. Operational Judgment Ability
2. Accounting and Financial Analysis Ability
3. Business Management Ability
4. Crisis Management Ability

5. Industry Knowledge
6. Global Market Perspective
7. Leadership Ability
8. Decision-Making Ability

Board Diversity Policy and Implementation

Title	Name	Gender	Age			Independent Director Tenure		Board Diversity and Core Competencies
Title	Name	Gender	Under 60 Years Old	61–70 Years Old	71 Years Old and Above	More than 9 Years of Service	Less than 9 Years of Service	Leadership	Finance & Accounting	Management	Legal Expertise	Industry Knowledge
Director	Cheng-Jin, Chiang	Male			V			V		V	V	V
Director	Chong-Lei, Huang	Male			V			V		V	V	V
Director	Wei-Hong, Chen	Male	V							V	V	V
Director	Shu-Tsung, Huang	Male			V					V		V
Independent Director	Zih-Siou, Ni	Male	V				V	V			V	V
Independent Director	Yu-Ching ,Tsai	Female	V			V	V	V		V		V

Board Diversity

The Board of Directors consists of 6 directors, including 2 independent directors and 4 nonindependent directors. Board members possess extensive experience and expertise in areas such as industry knowledge, business, management, and law.

The Company places importance on gender diversity in the composition of the Board. Currently, the Board comprises 6 male directors (84%) and 1 female director (16%).

Board Independence

The Company’s Board of Directors consists of 6 directors, including 2 independent directors, representing 33% of the total board composition. There are no spousal relationships or kinship ties within two degrees of consanguinity among directors, nor between directors and independent directors. In addition, none of the circumstances specified under Paragraphs 3 and 4, Article 26-3 of the Securities and Exchange Act apply to any board members.

The Company has established a Board Performance Evaluation Policy. The Company conducts a self-assessment of Board performance, individual directors’ performance, and functional committee performance annually. The evaluation results are reported to the Board of Directors and subsequently disclosed in the Company’s annual report and official website.

Audit and Remuneration Committee Members

Position Tite	Name	Major Education/Experience
Independent Director	Zih-Siou, Ni	Attorney-at-Law, Tai-Ying International Business Law Office Attorney, Yung Chun Law Firm
Independent Director	Yu-Ching Tsai	Master’s Degree, Graduate Institute of Accounting, National Taiwan University Partner,Everwell & Co., CPAs
Compensation Committee Member	Chun-Wei,Chuang	Ph.D., College of Engineering, National Taiwan Ocean University