Advanced Semiconductor Engineering, Inc.("ASE Inc.") is committed to maintaining high standards of ethics, corporate governance and effective accountability mechanisms in every aspect of its business. Since its establishment, ASE Inc. pursued a consistent policy to improve its corporate governance in line with Taiwan, US and international best practices. In its goal to achieve transparency to shareholder and enhancements in shareholder value, over the past decades, ASE Inc. strengthened the accountability of its executive management, adopted fair disclosure practice in its investor relations policy and adopted a governance structure that foster effective decision-making while appropriate monitoring of both compliance and performance. ASE Inc. is required to comply with, inter alia, the applicable ROC corporate governance rules, the US Sarbanes-Oxley Act, other US securities laws and related regulations (including applicable stock exchange rules). A summary of significant differences between the ASE Inc.’s corporate governance practice and the New York Stock Exchange corporate governance standards can be accessed here.
ASE Inc.’s board of directors (the “Board”) sets up the compensation committee to facilitate the operation of the Board. Meanwhile, ASE Inc. has an internal audit department which is responsible for periodically presenting compliance audit results. Such audit results will be finally reviewed by the Board.