The Audit Committee

The Sixth Term of Audit Committee

Name	Title	Major industrial/educational background
I-Shih Chen	Convener	Master of Management Science, National Chiao Tung University Chairman, Apacer Technology Inc. Vice President, Acer Inc.
Cheng-Chung Li	Member	Ph.D., Materials Engineering, National Chiao Tung University Master of Business EMBA, Stanford University Deputy General Director of Electronic and Optoelectronic System Research Laboratories, Industrial Technology Research Institute Deputy Director of Display Center Director Room, Industrial Technology Research Institute
Huei-Shih Lung	Member	Bachelor, Department of Business Administration, National ChengChi University Chairman, HsiangLung Investment Co. Ltd. Chairman, Aserve Technology Corp. Chief Accounting Officer, Acer Incorporated Independent Director and member of Remuneration Committee, AOPEN Incorporated Independent Director and member of Remuneration Committee, ProLight Opto Technology Corporation Independent Director and member of Remuneration Committee, Acer Cyber Security Incorporated

Rights and Responsibilities of Audit Committee

The Audit Committee is responsible for assisting the Board of Directors in carrying out its supervisory duties and to exercise the functions required in the Securities and Exchange Act, the Company Act and other laws and regulations. To communicate with the Company's internal auditing officers and CPAs regularly.

Annual key functions and operations of Audit Committee:

Annual key functions and operations:

1. 2023 key functions

Communicate results of audit report with the head of internal audit regularly according to the annual audit plan.
Communicate with CPA regularly over financial statement review or audit results in each quarter.
Review financial reports.
Assessment of effectiveness of internal control system.
Review the appointment or remuneration of attesting CPA.
Evaluate the independence of CPA who provide audit and non-audit services.
Review the Company's operational procedures and material transactions of assets, derivatives, capital lending
Legal compliance.

2. 2023 operations:

The Audit Committee held four meetings during 2023. Proposals of the Audit Committee meetings have all been approved by members of the Audit Committee with no dissent from all of the Independent Directors. There are no independent directors' avoidance of any proposals in conflict of personal interests in 2023.

3. Where the operations of the Audit Committee meets matters included in Article 14-5 of the Securities and Exchange Act, it shall clearly disclose the Audit Committee's convening items and resolutions:

Audit Committee Term (Date)	Content	Objections, reservations or major suggestion of Independent Director	The result of resolutions of the Audit Committee	The Company’s actions in response to the resolutions
5th Term 14th Meeting (2023.02.06)	Approved the Internal Control Systems Declaration for 2022 Accepted the 2022 Parent Company Only and Consolidated Financial Statements Approved the 2023 service items, fees and independence assessment of the Certified Public Accountant	None	Chairman has acknowledged all attending members of the Audit Committee and they have no dissenting opinion.	All resolutions have been approved with no dissent by all attending directors of the Board of Directors.
5th Term 15th Meeting (2023.04.25)	Approved the change of CPA due to the internal adjustment of Certificated Accounting Firm Accepted the Consolidated Financial Statements for the period ended March 31, 2023 Accepted the proposal for the distribution of 2022 earnings and cash dividend	None	Chairman has acknowledged all attending members of the Audit Committee and they have no dissenting opinion.	All resolutions have been approved with no dissent by all attending directors of the Board of Directors.
6th Term 1st Meeting (2023.07.24)	Approved the amendment of Internal Control Systems Accepted the Consolidated Financial Statements for the period ended June 30, 2023	None	Chairman has acknowledged all attending members of the Audit Committee and they have no dissenting opinion.	All resolutions have been approved with no dissent by all attending directors of the Board of Directors.
6th Term 2nd Meeting (2023.10.27)	Approved the 2024 annual audit plan Accepted the Consolidated Financial Statements for the period ended September 30, 2023 Approved the subsidiary’s funds lending	None	Chairman has acknowledged all attending members of the Audit Committee and they have no dissenting opinion.	All resolutions have been approved with no dissent by all attending directors of the Board of Directors.

Communication between independent directors and internal auditing officers as well as CPAs on company finances and business situation (such as items discussed, means of communication, method and results, etc.):

When an Audit Committee meeting is convened, CPAs, audit officer and relevant officers are invited to attend, respectively, and report and communicate with regards to various affairs with independent directors.
The Audit Committee at least discuss and communicate quarterly with CPAs with regards to outcomes of quarterly financial statements review or audit and relevant laws and regulations and their applicability; the Committee also independently reviews the selection of CPAs and the audit and non-audit services provided by them annually.
The internal audit officer performs auditing operations and regularly submits aggregated audit reports to the Audit Committee based on the annual audit plans and communicates the audit results and tracking status with members at quarterly Audit Committee meetings. The issued raised by independent directors may be replied to and communicated timely. If there is any extraordinary situation, the members of the Audit Committee shall be immediately reported to, for 2023, there was no such extraordinary situation.

The communications between the Audit Committee and internal auditing officers are good. The major communications in 2023 are summarized as follows:

Date	Key points of the communications	Recommendations and outcomes
2023.02.06	2022 Q4 aggregated audit report The Internal Control Systems Declaration for 2022	No dissent
2023.04.25	2023 Q1 aggregated audit report	No dissent
2023.07.24	2023 Q2 aggregated audit report	No dissent
2023.10.27	2023 Q3 aggregated audit report The 2024 annual audit plan	No dissent

In addition to the above-mentioned communication through meetings, if there are any matters that require enhanced communication regarding the implementation of internal control systems, audit results or tracking operations, the independent Directors are able to communicate with the head of internal audit through telephone, e-mail or video conference at any time to strengthen the efficiency of supervision and governance. Furthermore, matters that require enhanced communication have been effectively implemented or preventive mechanisms are in place.

The communications between the Audit Committee and CPAs are good. The major communications in 2023 are summarized as follows:

Date	Key points of the communications	Recommendations and outcomes
2023.02.06	Audited report of 2022 consolidated and parent company only financial statements Assessing the CPA service items, professional service fees and their independence for 2023 Explanation of the independence, scopes and methodology of key audit or review, and financial information, among other things Key accounting standards, explanatory letters and updates of laws and regulations related to securities management or taxation	No dissent
2023.04.25	Reviewed report of 2023 Q1 consolidated financial statements audit Explanation of the independence, scopes and methodology of key audit or review, and financial information, among other things Key accounting standards, explanatory letters and updates of laws and regulations related to securities management or taxation	No dissent
2023.07.24	Reviewed report of 2023 Q2 consolidated financial statements audit Explanation of the independence, scopes and methodology of key audit or review, and financial information, among other things Key accounting standards, explanatory letters and updates of laws and regulations related to securities management or taxation	No dissent
2023.10.27	Reviewed report of 2023 Q3 consolidated financial statements audit 2023 audit plans Explanation of the independence, scopes and methodology of key audit or review, and financial information, among other things Key accounting standards, explanatory letters and updates of laws and regulations related to securities management or taxation	No dissent

BOD & Functional Committees