京元電子

ESGOverview Letter from the Management Stakeholder area Corporate Governance Sustainable Value Chain Environmental Friendliness Employee Care Social Participation Sustainability report

KYEC formulates Articles of Incorporation, “The Regulations of Corporate Governance,” and company organization structure following Company Act, Securities and Exchange Act, “Corporate Governance Best Practice Principles for TWSE/TPEx Listed Companies,” and relevant regulations. Shareholders’ meeting and Board of Directors are on the top of the Company corporate governance structure. Shareholders can exercise their voting rights through Shareholders' Meeting electronic voting platform, to involve the decision-making process of critical operations and further enhance the convenience of shareholders' participation in shareholders’ meeting. Every proposal is voted sequentially in the meeting, and resolutions are recorded in the meeting minute, to make the operation be under the highest standard of corporate governance. The Company sets up the Audit Committee, Compensation Committee and Sustainable Development Committee through authorizing by the Board of Directors, to assist the Board performs its supervisory responsibilities.

「Business conduct and ethics compliance reporting system」

Board of Directors Sustainable Development Committee Compensation Committee Audit Committee lmportant resolutions Grievance and Whistleblowing

Summary of the Company’s important resolutions made by the shareholders’ meeting board of directors’ meeting for 2023 and up to the date of printing of the annual report:

Meeting Date	Important board resolutions
2024/02/23	Approved the motion to apply for medium and long-term loans from a financial institution. Approved the 2023 Statement on Internal Control. Approved amendments to the internal control system. Approved the motion for the Company’s 2024 budget. Approved the motion for assessment on independence and competency of CPAs. Approved the amendment to the “Charter for the Audit Committee”. Approved amendments to the Company’s Rules of Procedures for Board of Directors Meetings. Approved the amendment to the Company’s Articles of Incorporation. Approved the discussion of the motion for allocation of remuneration to employees in 2023 and the motion proposed by the remuneration committee for the remuneration to directors in 2023. Approved the 2023 separate financial statement and consolidated financial statements. Approved the 2023 business report. Approved the motion for the 2023 earnings distribution. Approved the motion for the re-election of directors. Approved the director candidates for the 15th-term Board of Directors. Approved the removal of non-competition restriction for directors. Approved the motion for organization of the Company’s 2024 general shareholders’ meeting at 2F., No. 6, Yule St., Toufen City, Miaoli County, Taiwan (Grand Royal Hotel Conference Room 205) on May 31, 2024 (Friday) at 9 a.m. Approved the adjustments made by the Remuneration Committee to the remuneration recommended for the Company’s managers for 2024. Approved the motion regarding the business expenses of Mr. Chi-Chun Hsieh, Vice-Chairman of the Company, as recommended by the Remuneration Committee.
2024/04/26	Approved the 2024 capital expenditures for the Company and its subsidiaries. Signed the “Technology Transfer Agreement” and “Technology Licensing Agreement” for the burn-in oven technology. Authorized subsidiary KYEC Microelectronics Co., Ltd. to dispose of all 92.1619% of its equity in Chinese subsidiary, King Long Technology (Suzhou) Ltd.
2024/05/03	Approved the interim consolidated financial statements for the period January 1 to March 31, 2024. Approved the discussion of the motion for allocation of directors’ remuneration in 2023 recommended by the Remuneration Committee.
2024/06/28	Approved the date of dividend distribution.
2024/08/08	Approved the 2024 capital expenditures for the Company. Approved the interim consolidated financial statements for the period January 1 to June 30, 2024. Approved the 2023 Sustainability Report. Approved the discussion of the motion on personnel changes. Approved the discussion of the adjustments made by the Remuneration Committee regarding the proposed distribution of cash remuneration to the Company’s employees for 2023.
2024/08/30	Approved the increase of 2024 capital expenditures for subsidiary King Long Technology (Suzhou) Ltd. Approved the proposal to acquire real estate. Approved the appointment of offshore investing advisor by subsidiary KYEC Microelectronics Co., Ltd. Approved the proposal for the Company to provide a loan to subsidiary KYEC Microelectronics Co., Ltd.
2024/11/08	Approved the motion to apply for medium and long-term loans from a financial institution. Approved the interim consolidated financial statements for the period January 1 to September 30, 2024. Approved the motion of the 2025 audit plan. Approved the establishment of the “Sustainable Development Committee Charter” and “Sustainable Development Committee”. Approved the motion for employee promotion. Approved the motion regarding the 2025 business expenses of Mr. Chi-Chun Hsieh, Vice-Chairman of the Company, as recommended by the Remuneration Committee. Approved the motion on paying Chairman Chin-Kung Lee directors’ remuneration in 2025 as recommended by the Remuneration Committee. Approved the acquisition of real property right-of-use assets.
2024/11/25	Approved matters regarding the settlement of the disposal, by KYEC Microelectronics Co., Ltd., a subsidiary of the Company, of all 92.1619% of its equity interest in Chinese subsidiary, King Long Technology (Suzhou) Ltd.
2024/12/27	Approved the motion to apply for a syndicated loan of NT$14 billion with a syndicate including First Commercial Bank (hereinafter referred to as Syndicated Loan). Approved the 2025 capital expenditures for the Company and its subsidiaries. Approved the following motion: Because public companies in Taiwan are required to adopt IFRS Sustainability Disclosure Standards starting from January 1, 2026, the Company intends to create a plan and timetable for adopting these disclosure standards. Approved amendments to the internal control system. Approved the motion for the 2024 professional fees of CPAs. Approved the motion to have Ernst & Young and its affiliates provide non-assurance services to the Company and its subsidiaries as of January 1 to December 31, 2025. Approved the letter explaining the closing date of the settlement of the disposal, by KYEC Microelectronics Co., Ltd., a subsidiary of the Company, of all 92.1619% of its equity interest in Chinese subsidiary, King Long Technology (Suzhou) Ltd.
2025/02/21	Approved the motion to apply for medium and long-term loans from a financial institution. Approved the 2024 Statement on Internal Control. Approved the motion for the Company’s 2025 budget. Approved the motion for assessment on independence and competency of CPAs. Approved the amendment to the Company’s Articles of Incorporation. Approved the discussion of the motion for allocation of remuneration to employees in 2024 and the motion proposed by the remuneration committee for the remuneration to directors in 2024. Approved the 2024 separate financial statement and consolidated financial statements. Approved the 2024 business report. Approved the motion for the 2024 earnings distribution. Approved the motion for organization of the Company’s 2025 general shareholders’ meeting at 2F., No. 6, Yule St., Toufen City, Miaoli County, Taiwan (Grand Royal Hotel Conference Room 205) on May 27, 2025 (Tuesday) at 9 a.m. Approved the adjustments made by the Remuneration Committee to the remuneration recommended for the Company’s managers for 2025.