Tax Policy

1. The "Tax Policy" (hereinafter referred to as the "Policy") is hereby established and followed in order to respond to the international trend of tax governance, to comply with the laws and regulations, to help corporate sustainable development, to enhance the shareholders' value and to fulfill the corporate responsibility.
2. Subsidiaries included in the consolidated financial statements shall comply with this policy when their operations have an impact on the Company's overall financial or taxation figures.
3. Tax governance policy:
   • All operations are conducted in accordance with relevant tax laws and regulations:
     Comply with the local tax laws and regulations of each country, honestly declare and pay taxes and fulfill the social responsibility of taxpayers.
   • Information transparency in financial reports:
     All tax disclosures must be made in compliance with relevant regulations and standards.
   • Support the government's tax policies to encourage corporate innovation and promote economic growth:
     Actively plan and invest in corporate innovation in accordance with the Statute for Industrial Innovation of the Republic of China (Taiwan).
   • No transactions solely for tax avoidance:
     the transactions between affiliated enterprises are based on the principle of routine transactions, and no use of tax havens or tax structure planning for tax purposes.
   • Timely tax risk assessment in the face of changes in tax laws and regulations in the operating environment:
     Maintain mutual trust and honest communication with tax authorities at all times and communicate and discuss tax doubts with experts.
4. Principles of tax governance:
   • All tax matters shall be carried out in accordance with the local tax laws and regulations of the countries where the Company operates.
   • Tax planning should have reasonable business purposes and consider tax risks.
   • Tax impacts and related tax risks should be considered in business decisions and daily business activities.
   • The accounting treatment of taxation matters shall comply with accounting regulations.
   • The personnel handling taxation operations shall have professional knowledge and continuous education.
5. Tax Governance Related Organizations and Responsibilities:
   • The Board of Directors is the highest decision-making and supervisory unit of the Company's tax management. It is responsible for the approval of tax governance policies and ensuring the effective implementation of tax governance policies.
   • The Company's Finance Department is the tax management and implementation unit, which regularly reports the status of tax management to the Board of Directors.
6. This Policy shall be reviewed and amended in a timely manner in response to changes in international and government laws and regulations. Other matters not covered herein shall be handled in accordance with the relevant laws and regulations and the Company's relevant regulations.
7. This Policy shall be implemented after it has been approved by the Board of Directors, and the same shall apply to its amendments.