Compensation Committee
♦ The Compensation Committee aims to assist the board of directors in implementing and evaluating the Company's overall compensation and
benefits policy, directors and managers' compensatoin and performance review standards.
♦ According to the Articles of Association of the M3Tek's Compensation Committee, the Committee shall consist of at least 3 independent
directors. M3Tek's Compensation Committee is composed of only independent directors. The Chairman and President should be invited to
attend all meetings and recuse themselves from the discussion of their compensation.
♦ The Compensation Committee shall hold at least 2 regular meetings per year. Please refer to the Company's annual report for information on
the Committee meetings and the attendance of each member.
Compensation Committee Membership
| Title |
Name |
Appointment Date |
|
Chair |
Zu-Ming Bi |
2023.05.24 |
|
Member |
Zhi-Feng Jiang |
2023.05.24 |
|
Member |
Hsieh-Ju Peng |
2023.05.24 |
Compensation Committee Status
1. There are 3 members of the Company's Compesation Committee.
2. The term of office of the current members from May 24, 2023 to May 23, 2026. The qualifications and attendance of the members of the Compensation Committee are as follows:
|
Title |
Name |
Number of Attendences |
Attendence Rate |
|
Chair |
Zu-Ming Bi |
5 |
100% |
|
Member |
Zhi-Feng Jiang |
5 |
100% |
|
Member |
Hsieh-Ju Peng |
4 |
100% |
|
Meeting Date |
Meeting |
Content |
Result |
|
2020.11.06 |
The first time in the first term of year 2020 |
♦ Nomination of the Convenor of the Compensation Committee |
Elected Mr. Gerald Kuo as the Chairman of this Committee |
|
2020.12.07 |
The second time in the first term of year 2020 |
♦ Reviewed the "Regulations on Compensation for Directors and Managers" of the Company. |
Approved by all members |
|
2021.03.02 |
The first time in the first term of year 2021 |
♦ CEO's compensation. |
Approved by all members |
| 2021.12.21 | The second time in the first term of year 2021 | ♦ Wage & salary policy and raise in 2022. | Approved by all members |
| 2022.02.22 | The first time in the first term of year 2022 |
♦ Issue restricted stock award in 2022. |
Approved by all members |
| 2022.10.27 | The second time in the first term of year 2022 | ♦ Revision of "Issurance Rules of Restricted Stock Award in 2022" | Approved by all members |
| 2022.12.20 | The third time in the first term of year 2022 | ♦ Revision of "Issurance Rules of Restricted Stock Award in 2022". ♦ Establishment of "Performance Management of Managers". |
Approved by all members |
| 2023.02.23 | The first time in the first term of year 2023 |
♦ 2022 distribution of remuneration of directors ♦ 2022 distribution of employees’ remuneration ♦ 2023 remuneration of CEO ♦ 2023 salary adjustment of managerial officers ♦ 2023 subsidy of master’s and doctorate degrees for managerial officers ♦ Designation of chief corporate governance officer |
Approved by all members |
| 2023.05.24 | The first time in the second term of year 2023 | ♦ Nomination of the Convenor of the Compensation Committee | Elected Mr. Zu-Ming Bi as the Chairman of this Committee |
| 2023.09.14 | The second time in the second term of year 2023 |
♦ Distribution of 2022 restricted stock awards of CEO ♦ Distribution of 2022 restricted stock awards of directors |
Approved by all members |
| 2023.12.21 | The third time in the second term of year 2023 | There are no resolutions for this session, only report items will be presented. | - |
| 2024.02.29 | The first time in the second term of year 2024 |
♦ 2023 distribution of remuneration of directors ♦ 2023 distribution of employees’ remuneration |
Approved by all members |