The members of the Remuneration Committee are appointed by the Board as required by law. According to CoAsia Electronics Remuneration Committee Charter, the committee should consist of at least 2 independent directors. At present, the Remuneration Committee is composed of all 3 independent directors.

The Remuneration Committee aims to assist the Board of Directors to implement and evaluate corporate remuneration and welfare system as well as the remuneration of board directors and executive managers of the Company. The Committee should have 2 regular meetings at least twice a year according to the Charter. The Remuneration Committee is entitled to appoint outside legal counsels to assist the Committee evaluate CEO or executives’ remuneration packages.

To ensure corporate governance effectiveness, CoAsia Microelectronics has successfully invited 3 independent directors of (Mr. Chester Chou) WeTec International CPAs, (Mr. Charlie Chen) Tehsing.CPAs, (Mr.ilsuk Hwang)AIPT Group.