Meeting Attendance and Remuneration of Individual Directors Board of Directors’ Meetings The date and time of the Meetings of the Board of Directors are scheduled in advance for the entire year, with the agenda items of each meeting clearly established. The Meeting of the Board of Directors is scheduled for the fourth Monday of every month. Special meetings of the Board of Directors may be held as appropriate and necessary. Members of the Board of Directors will receive a meeting invitation, draft minutes of the previous meeting, and supplementary informat ion for the agenda of the meet ing for consideration at least 7 days prior to the date of the meeting. For convenience and reduced paper usage, such documents are delivered to each Director via the D-Join system (Digital Join Application), which a data security system put in place. In 2023, the Board of Directors convened a total of 16 meetings, consisting of 14 pre-scheduled meetings and two special meetings. Directors who had other engagements and could not be in attendance were required to notify the Chairman of the Board of Directors and the Corporate Secretary, specifying the necessity for the absence. The Chairman informed the meeting of such matter at the beginning of each meeting. The Chairman of the Board of Directors presides over the meeting and gives all Directors an opportunity to participate in the meeting and express their opinions independently. At each meeting, at least two-thirds of the total number of Directors must be present to form a quorum, and the quorum must be maintained while votes are cast. The Chairman may allow Directors to attend the meeting via electronic means, whereby the meeting must be carried out in accordance with the security criteria and standards for electronic meetings pursuant to applicable laws and regulations issued by relevant government agencies. In casting votes, each Director shall have one vote, and a resolution of the meeting shall require a simple majority of votes. The Chairman of the Meeting shall have a casting vote in case of an equality of votes. The Board of Directors manages any conflicts of interest of the relevant persons with due circumspection, fairness, and transparency and discloses such information in full. In the event that a Director has a conflict of interest in the matter being considered, the Director shall not take part in any decision-making on the matter. When the meeting is concluded, the Company Secretary is responsible for preparing the minutes of the meeting to be approved in the next meeting and signed by the Chairman of the Board of Directors for veri f ication. The approved minutes, along with supplement documents, are stored systematically both as hard copies and in an electronic format in accordance with the Company’s confidentiality level for ease of reference. Furthermore, in accordance with corporate governance principles, the Board of Directors prescribes meetings of non-Executive Directors to allow then to provide opinions and guidelines for the management and business operation of the Company as well as meetings of Independent Directors, where they can exchange opinions and review their roles and discharge of duties every year. In 2023, one meeting of non-Executive Directors (July 24, 2023) and one meeting of Independent Directors (November 20, 2023) were convened. Summaries of such meetings are submitted to the Board of Directors for acknowledgment. The number of the Meetings of the Board of Directors, Independent Directors, Non-executive Directors and Sub-committee held in 2023 and Director’s attendance are shown in the table below. 188
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