Audit Committee, Remuneration Committee and Sustainable Development Committee

Overview of Audit Committee Operations

FPCC's Audit Committee is formed by 3 independent directors. The Audit Committee supervises the Company's business condition and financial position based on the principles of integrity and independence. It helps the Board of Directors carry out supervisory and other duties as set forth in the Company Act, the Securities and Exchange Act, and other related laws. Detailed information on operations of the Audit Committee is disclosed on the Company's website (http://www.fpcc.com.tw/tw/corporate/board-of-directors)

Overview of Operation of the Remuneration Committee

The Remuneration Committee's 3 members are all independent directors and do not involve any other stakeholders. The committee is responsible for evaluating the remuneration policy and system for the Company's directors and managers, and provides the Board of Directors with suggestions. This prevents remuneration policies from guiding directors and managers to violate business ethics and engage in behavior that exceeds the Company's risk appetite. Detailed data is disclosed in the company website - Corporate Governance Section (http://www.fpcc.com.tw/tw/corporate/ committee/).

Operating Status of the Sustainable Development Committee

To meet requirements of the Corporate Governance Evaluation, the Sustainable Development Committee has 5 members, including the Company's chairman, president, and all independent directors, and is responsible for reviewing the Company's sustainable development policy and management approach. The committee also supervises the implementation of tasks related to sustainable development, in order to strengthen the Company's resilience to climate change risks. Implementation results of the Company's sustainable development work are reviewed by the Sustainable Development Committee and then reported to the Board of Directors each year. The Sustainability Report is then published to communicate with employees.

Compensation for Directors and Managers

Currently, only independent directors receive fixed compensation on a monthly basis. All directors do not receive variable compensation, and only receive transportation subsidies based on their actual attendance in Board meetings. Annual compensation for managers mainly includes the salary, incentives, and bonuses in addition to the pension fund and the welfare fund. The chairperson rates managers' overall performance and attainment of personal "annual objectives at work" within the scope of responsibilities, such as business performance, labor safety incidents, and energy and water conservation, so as to ensure that executives understand and work together to accomplish corporate strategic goals and to link the incentive system to the personal performance of supervisors as well as the overall corporate performance. The total value of compensation and its ratio in after-tax net income for directors and managers at FPCC are disclosed on the company website.