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Further to the above capabilities, the Company has also mapped out a strategy for diversity for the members of the Board, and seeks appropriate candidates specialized in sales and marketing, production, vehicle industrial, finance and accounting, and who understand the corporate development of the Company. Gender equality will also be seriously considered to grant the opportunity for female members to participate in corporate decision-making. As such, the Company is eager in seeking for female candidates and is preparing a list of candidates suitable for the positions to present to the Shareholders for election to office.

There are four independent directors in the Company's Board of Directors, accounting for more than half, or 57%; more than 86% of directors are not also employees of the company. According to the statements of directors and the results of the Company's inspection results, there is no spousal relationship or relative within the second-degree kinship between the directors, so the Board of Directors is independent.
The Company's independent directors shall be appointed according to their declaration and the Company’s qualification checklist when they are elected. All four independent directors meet the relevant independence standards.

The Company passed the “Regulations Governing the Evaluation of the Board” in the 3rd session of the Board in 2019, and has completed the evaluation of the Board, Directors and the members of the functional committees of 2023 in February 2024.
Based on the self-evaluation questionnaires completed by directors and committee members, the results of the self-evaluation of the Board of Directors, directors, Audit Committee, Remuneration Committee and Nomination Committee are all excellent. Moreover, the evaluation results have been reported to the first board meeting in 2024 as the reference of remuneration determination and the nomination for reappointment. In the future, all members of the Board will continue their education and training in order to strengthen their decision-making capacities to enhance decision-making quality and plan for the sustainable development of the Company.
On August 14, 2024, the BOD approved amendments to the “Regulations Governing the Evaluation of the Board”. The performance evaluation of the company's board of directors and functional committees should be carried out by an external professional independent agency or a team of external experts and scholars at least once every three years. Following the new regulations, in September 2024, the company appointed the TIRI to carry out the external evaluation of the performance of the board of directors and functional committees in 2023 (the period is from 2023/07/01 to 2024/06/30). TIRI and its experts have no business connection with the Company, so they are independent. Its independent experts conducted questionnaire surveys and actual interviews on the five major aspects of the board of directors and functional committees: goals, organization, professionalism, operational participation and internal control, and completed the evaluation report in December 2024. The report’s recommendations are briefly summarized as follows:
1. Plan in advance to have one-third of female directors: A list of director candidates will be planned in 2026 based on recommendations.
2. Supervise risk management by the audit committee or functional committee at the board of directors level: An audit and risk management committee will be established in 2025 to supervise risk management.
3. Formulate a succession plan for board members and important management: A senior managers agent system has been established to train agents as successor candidates and solicit outstanding director candidates.
4. The Code of Corporate Governance Practice has added the requirement that directors shall not conduct stock transactions during the closed period before the release of the financial report: the revision of the provisions will be completed in 2025.
5. Preparation of the English version of the sustainability report: The preparation of the English version of the 2023 sustainability report has been completed and uploaded to the MOPS and the company website for stakeholders to download.
6. Hold at least two investor conferences every year: in line with recommendations and gradually increase the number of briefings to improve the transparency of company information.
7. Actively promote environmental and social-oriented governance: The company will be more actively involved in environmental-related issues, set emission reduction targets and strive to achieve them, assess the impact of climate change, analyze opportunities and risks, and increase the feedback of volunteers and resources to society, fulfill social responsibilities, and do its best to promote ESG governance in all aspects.

The TIRI independent evaluation report and execution has been report to the 2025 First BOD meeting on March 11, 2025.