The Company adopts the candidate nomination system for the election of directors in accordance with Article 192-1 of the Company Act. Directors are nominated and reviewed by the Board of Directors and elected at the shareholders’ meeting. Selection criteria consider candidates’ professional qualifications, experience, and independence. There are no circumstances as specified under Article 27 of the Company Act in which government entities, juristic persons, or their representatives are elected as directors.
The TAYA Board consists of nine directors, including four independent directors. Members are drawn from the management team, industry leaders, and professionals with expertise in finance, accounting, economics, banking, law, engineering management, and the wire and cable industry. The Board places strong emphasis on directors’ ethical conduct and leadership reputation, integrating diverse international management experience and global perspectives aligned with the Company’s current operational and development needs, thereby enhancing corporate governance standards and enterprise value.
The Company values Board diversity. In accordance with regulations, at least one female director is appointed, and at least three independent directors are required. In line with Taiwan’s gender equality policy framework and its commitment to strengthening governance, the Company has increased the number of female directors to two and independent directors to four. To safeguard independence and objectivity, independent directors are subject to term limits to prevent excessively long tenures that may impair their independence.
To further strengthen Board functions, the Company resolved in 2019 to establish the position of Corporate Governance Officer, enhancing governance practices and Board effectiveness. Functional committees have also been established, including the renaming of the “Audit Committee” to the “Audit and Risk Committee.” Internal auditors operate in compliance with securities regulatory requirements and regularly submit audit reports on Board operations. Each committee and dedicated department assists and supervises the Board in fulfilling its responsibilities, and committee chairpersons regularly report their activities and resolutions to the Board.
To ensure effective Board performance and improve operational efficiency, the Board conducts at least one internal performance evaluation annually in accordance with the “Board Performance Evaluation Guidelines,” and engages an external independent professional institution to conduct an evaluation at least once every three years. Evaluation covers overall Board performance as well as individual self-assessments by each director. Through internal self-assessments, expert reviews by association-appointed committee members, virtual interviews, and formal reports issued by the association, the Company implements improvements and follow-up actions based on recommendations.
Under a sound governance framework, the TAYA Board exercises diverse and transparent governance, leveraging its effectiveness and influence to lead the Group’s transformation and growth.
The TAYA Board consists of nine directors, including four independent directors. Members are drawn from the management team, industry leaders, and professionals with expertise in finance, accounting, economics, banking, law, engineering management, and the wire and cable industry. The Board places strong emphasis on directors’ ethical conduct and leadership reputation, integrating diverse international management experience and global perspectives aligned with the Company’s current operational and development needs, thereby enhancing corporate governance standards and enterprise value.
The Company values Board diversity. In accordance with regulations, at least one female director is appointed, and at least three independent directors are required. In line with Taiwan’s gender equality policy framework and its commitment to strengthening governance, the Company has increased the number of female directors to two and independent directors to four. To safeguard independence and objectivity, independent directors are subject to term limits to prevent excessively long tenures that may impair their independence.
To further strengthen Board functions, the Company resolved in 2019 to establish the position of Corporate Governance Officer, enhancing governance practices and Board effectiveness. Functional committees have also been established, including the renaming of the “Audit Committee” to the “Audit and Risk Committee.” Internal auditors operate in compliance with securities regulatory requirements and regularly submit audit reports on Board operations. Each committee and dedicated department assists and supervises the Board in fulfilling its responsibilities, and committee chairpersons regularly report their activities and resolutions to the Board.
To ensure effective Board performance and improve operational efficiency, the Board conducts at least one internal performance evaluation annually in accordance with the “Board Performance Evaluation Guidelines,” and engages an external independent professional institution to conduct an evaluation at least once every three years. Evaluation covers overall Board performance as well as individual self-assessments by each director. Through internal self-assessments, expert reviews by association-appointed committee members, virtual interviews, and formal reports issued by the association, the Company implements improvements and follow-up actions based on recommendations.
Under a sound governance framework, the TAYA Board exercises diverse and transparent governance, leveraging its effectiveness and influence to lead the Group’s transformation and growth.