In May, 2017, Advantech formed Audit Committee to replace the Supervisory Board in order to further enhance corporate governance responsibilities of Board Members and strengthen Board Operation. The audit committee is comprised of all Independent Directors and at least one of them is expert in finance or accounting.

The major responsibilities of the Audit Committee are described below:

1. Formulate, review or validly assess the internal control system.
2. Formulate or revise the acquisition or disposal of assets, engagement in derivative commodity transactions, fund loaning to others, and the processing procedures for conducts in material financial operations such as endorsement for others or provision of a guarantee.
3. Potential conflicts of interests involving directors.
4. Material asset or derivatives transactions.
5. Material lending funds, endorsements or guarantees.
6. Offering or issuance of any equity-type securities.
7. Hiring or dismissal of an attesting CPA, or the compensation given thereto.
8. Appointment or discharge of financial, accounting, or internal auditing officers.
9. Review annual and semi-annual financial report.
10. Review business reports and surplus distribution or loss appropriation.
11. Oversight of the Company’s overall operational risk management.
12. Other material matters as required by the Company or competent authorities.

Communications of Independent Directors with Internal Auditors and CPAs

2025、 2024、 2023

Audit Committee meeting resolutions

2025、 2024、 2023

Audit Committee Charter

The Remuneration Committee is responsible for improving corporate governance and strengthening the remuneration management power of the board, as well as assessing and determining the compensation level of directors, supervisors and managers.

When executing the above powers, the Remuneration Committee should follow these principles

1. Make and regularly check the performance appraisal and compensation policy, system, standard and structure of directors, supervisors and managers.
2. Regularly appraise and determine compensation for directors, supervisors and managers.
3. According to corporate goals, operating performance, economic conditions and other elements, irregularly checking the compensation policy, system, standard and structure of directors, supervisors and managers.
4. Other duties assigned to the Committee by resolution of the Board of Directors.
5. Other material matters as required by the Company or competent authorities.

Main Points of Discussion by the Remuneration Committee

2025、 2024、 2023、 2022

Remuneration Committee Charter

To actively promote and strengthen corporate governance related to the corporate sustainability, ESG development, and corporate social responsibility, the Advantech established the "Sustainable Development Committee" (SDC) under the board of directors on July 29, 2022.

Responsibilities of the Sustainable Development Committee are described below:

1. Formulate and regularly review the strategic objectives related to corporate sustainable development and the promotion of specific performance execution.
2. Implement and promote corporate social responsibility-related work by regularly calling meetings and reporting the execution status to the Committee.
3. Nominate the candidates for directors and senior managers.
4. Formulate and regularly review the successor programs for directors and senior managers.
5. Other responsibilities are instructed to the Committee through the resolution reached by the Board of Directors.
6. Other material matters as required by the Company or competent authorities.

Main Points of Sustainable Development Committee (SDC)

2025、 2024、 2023、 2022

Sustainability Development Committee Charter