WITS | Board of Directors

Board Members

Name	Title	Academic /Major Past Positions
Ching Hsiao	Chairman & CEO	Doctor of Computer, Purdue University VP of Integrated Systems, Inc. General Manager of Dow Jones Telerate Systems, Inc.
Wistron Digital Technology Holding Company Representative: Frank Lin	Director	Bachelor of Accounting, Feng Chia University Chief of Staff of Wistron Corporation
Philip Peng	Director	Master of MBA, NCCU Senior VP & CFO of Acer Inc.
Marty Chiou	Director	Master of Information Management, Pace University General Manager of SAS Institute Taiwan Ltd General Manager of SAP Taiwan General Manager of Lotus Greater China Sales and Marketing VP of Hannstar Display Corporation Software Director of IBM Greater China Group (GCG)
Yen Ling Fang	Independent Director	Doctor of Finance, Xiamen University Certified Public Accountant of KPMG
Jennifer Hwang	Independent Director	Master of Computer Science, NCTU General Manager of IBM Taiwan General Manager of Administration & Chief HR Officer of Sinyi Realty Inc.
Mark Fan	Independent Director	Doctor of Computer Science, NCTU Head of Computer Science of Institute for Information Industry Director & CEO of International Integrated Systems, Inc.
Allen Tsai	Independent Director	Doctor of Business Administration, Shanghai University of Finance & Economics Founder & Executive Director of Taiwan Institute of Directors Managing Director of BNP Paribas
Y.K. Chu	Independent Director	Master of Aeronautics & Astronautics, University of Washington Senior Partner of WI Harper Group Managing Director of WI Harper Group VP of Walden International Inc

Operations of Board Meeting

1. The term of service of Board of Directors was from May 26, 2022 to May 25, 2025. Board meetings held since May 26, 2022 till now: 10 times.

2. The Board of Directors meetings held 6 times in 2023.

3. Directors’ participation status in 2023 is as follows:

Title	Name	Attendance in Person	Rate of Attendance in Person(%)
Chairman	Ching Hsiao	6	100%
Director	Wistron Digital Technology Holding Company Representative: Frank Lin	6	100%
Director	Marty Chiou	6	100%
Director	Philip Peng	6	100%
Independent Director	Yen Ling Fang	6	100%
Independent Director	Jennifer Hwang	6	100%
Independent Director	Mark Fan	6	100%
Independent Director	Allen Tsai	6	100%
Independent Director	Y.K. Chu	6	100%

Board of Directors Resolution for each Fiscal Year

2023

2022

2021

2020

2019

Independence and Diversity of the Board of Directors

Independence of the Board of Directors

Diversity of the Board of Directors

Board of Directors and Functional Committees Performance Assessments

Board of Directors and Functional Committees Performance Assessments Report

Succession Planning for Key Management Positions

Board of Directors Succession Planning

The Company has established a policy of diversity in the composition of the Board of Directors as part of the Corporate Governance Principles. This approach considers the company's operations, business model, and developmental needs. Currently, our Board of Directors consists of nine members, including five Independent Directors, with directors having backgrounds as regional general managers of multinational corporations, expertise in accounting, financial analysis, and investment, and directors with extensive and comprehensive industry experience. The Board of Directors possess management and professional skills, decision-making leadership, and rich industry experience.

In the future, the Company will continue to strengthen the structure of the Board of Directors. Currently, several senior executives within the group serve as general managers of business groups and units, possessing the management ability and rich professional experience required for Directors (Chairmen). The succession planning for the management level will continue, selecting the best candidates at the appropriate time to ensure the effective continuation of the company's management philosophy. Additionally, the Company evaluates the professional qualifications of Independent Directors, considering experience in business, legal, financial, accounting, or company operations, and seeks external professional talents to further enhance corporate governance.

Succession Planning for Key Management Positions

Talent development and cultivation is the cornerstone of sustainable corporate management. Since 2017, the Company has initiated succession planning at various levels, systematically cultivating key reserve talents.

For the succession planning of key management levels, the Company currently has several general managers of business groups and units, selecting key talents from division, department, and section levels. In addition to internal training, we encourage management to participate in external senior management training programs. Training for key management levels is divided into "Management Talent Training" and "Functional Professional Training", focusing on enhancing managers' professional knowledge and skills, understanding company policy directions, developing decision-making and problem-solving abilities, and improving interpersonal communication, adaptability, and teamwork to enhance coordination functions. Each year, the Company regularly conducts suitability assessments of talents and adjusts according to individual development plans to ensure the team's operational capabilities and quality, maintaining the momentum for sustainable development.

Following the implementation of this succession plan, most of the managers of business units and departments in Taiwan and Hong Kong have completed their succession; the second and third-tier management teams of the business groups in Mainland China have also been established. Throughout this process, not only was new blood infused, but relevant experiences were smoothly passed on.