Functional Committees

Audit Committee

The Audit Committee of FORCERA is composed of independent directors, totaling four members. Its functions are primarily focused on oversight, with a professional and objective perspective, for the following purposes:

I. Proper representation of the company's financial statements.

II. Hiring or dismissal of an attesting CPA.

III. Effective implementation of internal controls.

IV. Compliance with relevant laws and regulations.

V. Control of existing or potential risks to the company.

The Audit Committee acts in the best interests of the company as a diligent fiduciary, and any proposals it makes are submitted to the Board of Directors for decision.

Member of the Audit Committee

• Charlie Chen - Independent Director (Convener)
• C.H. Lai - Independent Director
• H.C. Chen - Independent Director
• J.Y. Jeng - Independent Director

Descriptions of Independent Directors’ Communications with the Internal Auditor and the Independent Auditor

• The Communications between the Independent Directors and the Internal Auditor or the Independent Auditor：

1. The Independent directors meet with the internal auditor at least quarterly to review the status of audit execution and the operation of internal controls. They provide reports and respond to inquiries from independent directors in person. In addition to monthly submission of audit reports to independent directors, the internal auditor also reports significant audit findings to the members of the Committee and the Board of Directors during Audit Committee and Board meetings. Independent directors shall master the internal audit situation every month and can convene meetings or contact the internal auditor by phone to discuss significant issues as needed.
2. The Independent directors meet with the independent auditor at least once a year in regular meetings (Audit Committee meetings). The independent auditor explains the audit results or review of the financial statements for the quarter and discusses other communication matters required by relevant laws and regulations. If there are significant adjustments, entries, or changes in the impact of law amendments on accounting, these are also discussed. Meetings can be convened as needed in the event of significant issues.

• Communication Summary between Independent Directors and Internal Auditor:

• Communication Summary between Independent Directors and Independent Auditor:

Compensation Committee

The Compensation Committee of FORCERA functions with a professional and objective perspective to evaluate the compensation policies and systems for directors of the Board and executives of the company. It provides recommendations to the Board of Directors for decision-making.

The Compensation Committee of the company is composed of independent directors, totaling four members, and holds meetings at least twice a year.

Member of the Compensation Committee:

• Charlie Chen - Independent Director (Convener)
• C.H. Lai - Independent Director
• H.C. Chen - Independent Director
• J.Y. Jeng - Independent Director