We lead with integrity

Audit Committee

The Audit Committee assists the Board in fulfilling its oversight of the quality and integrity of the accounting, auditing, reporting, and financial control practices of the Company.

The Audit Committee is responsible to review the Company’s: financial reports; auditing and accounting policies and procedures; internal control systems; material asset or derivatives transactions; material lending funds, endorsements or guarantees; offering or issuance of any equity-type securities; legal compliance; related-party transactions and potential conflicts of interests involving executive officers and directors; Ombudsman reports; fraud investigation reports; corporate risk management; hiring or dismissal of an attesting CPA, or the compensation given thereto; and appointment or discharge of financial, accounting, or internal auditing officers.

Under R.O.C. law, the membership of the Audit Committee shall consist of all independent Directors. The five independent directors all meet the qualifications, such as professionalism, work experience, independence, and the number of serving as independent directors. They also conduct internal performance evaluations of the Audit Committee on a regular basis every year.

Ennostar’s Audit Committee is empowered by its Charter to conduct any study or investigation it deems appropriate to fulfill its responsibilities. It has direct access to Ennostar’s internal auditors, the Company’s independent auditors, and all employees of the Company. The Committee is authorized to retain and oversee special legal, accounting, or other consultants as it deems appropriate to fulfill its mandate.

The Audit Committee is convened at least once a quarter. Please consult Ennostar 's Taiwan Annual Report for the relevant year for the number of meetings convened and each member’s attendance rate.

Audit Committee Meeting Status

The first term of Audit Committee is August 11, 2021 to May 31, 2023. 13 meetings have been held so far, and the attendance is as follows:

Date:2023.05.31

 Note 1: 100% attendance for each member.

Descriptions of the communications between the independent directors (Supervisor), the internal auditors, and the independent auditors in 2021

Remuneration Committee

The Remuneration Committee assists the Board in discharging its responsibilities related to Ennostar’s compensation and benefits policies, plans and programs, and in the evaluation and compensation of Ennostar’s directors of the Board and executives.

The members of the Remuneration Committee are appointed by the Board as required by the law of R.O.C.. The Remuneration Committee of Ennostar Inc. is composed of four independent members. In addition to being familiar with the operation of both Epistar and Lextar, the Members also have sufficient experience in the industry as well as in corporate governance field.The Chairman of the Board and president are invited by the Committee to attend all meetings and is excused from the Committee’s discussion of his own compensation.

Ennostar’s Remuneration Committee is authorized by its Charter to retain an independent consultant to assist in the evaluation of general manager and manager compensation.

The Remuneration Committee shall be convened at least twice a year, and the internal performance evaluation of the Remuneration Committee shall be conducted regularly every year. Please consult Ennostar 's Taiwan Annual Report for the relevant year for the number of meetings convened and each member’s attendance rate.

Remuneration Committee Meeting Status

The first term of Remuneration Committee is January 6, 2021 to May 31, 2023. 12 meetings have been held so far, and the attendance is as follows:

Date:2023.05.31

Note 1: 100% attendance for each member.

ESG Committee

Ennostar established an ESG Committee at the end of 2021 as a functional committee under the Board. ESG Committee members include our chairman, independent directors, vice presidents, and senior

executives from our subsidiaries. The Committee is responsible for coordinating and planning Group ESG policies and sustainable targets, identifying ESG risks and opportunities to determine related

investment strategies, and monitoring achievement of all ESG performance targets, with 2022 set as the base year for all ESG items.

ESG Committee Meeting Status

The first term of ESG Committee is December 16, 2021 to May 31, 2023. 5 meetings have been held so far, and the attendance is as follows:

Date:2023.05.31

 Note 1: 100% attendance for each member.