• Corporate Governance Structure

  • Corporate Governance Structure

REMUNERATION COMMITTEE

Composition of the Remuneration Committee

Members of the Remuneration Committee are appointed by resolution of the Board of Directors. The Committee consists of three members, one of whom serves as the convener.
In accordance with the Securities and Exchange Act, the Company has established independent directors. At least one independent director shall serve on the Committee, and the convener shall be an independent director elected by all Committee members.
The term of office of the Committee members shall be the same as that of the Board of Directors by which they are appointed.
The Remuneration Committee shall convene at least twice a year and may hold meetings as needed. Resolutions of the Committee require the approval of more than one-half (1/2) of all members.
If, upon inquiry by the Chairperson of the Committee, no objection is raised, the proposal shall be deemed approved, with the same legal effect as a vote. The results of resolutions shall be reported on-site and recorded in the meeting minutes.

Responsibilities of the Remuneration Committee

The Remuneration Committee is responsible to the Board of Directors and shall submit its recommendations to the Board for discussion, including the following:

  • Periodic review of the Company’s Remuneration Committee Charter and submission of proposed amendments
  • Establishment and periodic review of policies, systems, standards, structures, and annual and long-term performance goals for the remuneration of directors and managerial officers
  • Periodic evaluation of the achievement of performance goals of directors and managerial officers, and determination of the content and amount of their individual remuneration

In exercising the aforementioned powers and duties, the Committee shall adhere to the following principles:

  • Performance evaluation and remuneration of directors and managerial officers shall be benchmarked against prevailing industry standards and reasonably linked to individual performance, the Company’s operating results, and future risks
  • Remuneration arrangements shall not encourage directors or managerial officers to engage in conduct exceeding the Company’s risk appetite in pursuit of remuneration
  • The proportion of bonuses for short-term performance and the timing of payment of variable remuneration for directors and senior managerial officers shall take into account industry characteristics and the nature of the Company’s business
  • Committee members shall recuse themselves from discussion and voting on matters relating to their own remuneration
Category Name Current Position(s) Education & Major Experience
Independent Director Hsiu-Hsien Hsieh None Education
  • B.A., Economics, National Chung Hsing University

Major Experience

  • Director & President, Bank of Taiwan Securities Co., Ltd.
Independent Director Chi-Yung Wu Chairman, Sunplus Technology Co., Ltd. Education
  • B.S., Electronic Engineering, Feng Chia University

Major Experience

  • Chairman, Hota Semiconductor Co., Ltd.
Independent Director Chin-Chuan Wu Chairman, Etron Technology, Inc. Chairman, Taiwan Microelectronics Co., Ltd. Education
  • B.S., Mechanical Engineering, National Taiwan University
  • Ph.D., Mechanical Engineering, Carnegie Mellon University (USA) Major

Major Experience

  • Jet Propulsion Laboratory (JPL), NASA
  • Professor, Department of Electrical Engineering, National Yang Ming Chiao Tung University

Date of Election: May 27, 2024

2025 Remuneration Committee Operations:

Title Name Actual Attendance(B) Attendance by Proxy Attendance Rate (%)(B/A) (Note) Remarks
Convener Kevin H. Hsieh 2 0 100%
Member Chi-Yung Wu 2 0 100%
Member Jiin-Chuan Wu 2 0 100%
Remuneration Committer Reason for discussion Resolution Opinion from Remuneration Committee Greatek's treatment of the Remuneration Committee's opinion
2025/2/14 2nd meeting in the 6th term of Audit Committee Review of the proposal for 2024 employee compensation and Directors' remuneration. Approved by unanimous committee members. No Approved upon discussion from the Board of Directors.
Review of the proposed amendments to Paragraph 2 of Article 24 of the Company’s Articles of Incorporation and the adoption of the “Regulations Governing the Principles for Distribution of Employee Compensation,” which explicitly define the scope of “grassroots employees” and stipulate that a certain proportion of employee compensation shall be allocated to such employees. Approved by unanimous committee members. No Approved upon discussion from the Board of Directors.
2025/8/1 3rd meeting in the 6th term of Audit Committee Review of the proposal for 2024 employee compensation for managerial officers. Approved by unanimous committee members. No Approved upon discussion from the Board of Directors.
Review of the proposal for managerial officers' salaries and compensations for 2025. Approved by unanimous committee members. No Approved upon discussion from the Board of Directors.