Functional Committees

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.
♦ Issuance of the second time employee stock option certificate for 2020.

Approved by all members

2021.03.02

The first time in the first term of year 2021

♦ CEO's compensation.
♦ Directors' compensation distribution plan for 2020.
♦ Employee compensation distribution plan for 2020.
♦ Manager's Bonus Plan for 2020.
♦ The proposed manager grade of the company.
♦ Y2021 promotion and raise of Managers for 2021.

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.
♦ Revision of "Regulations on Compensation for Directors and Managers".
♦Directors' compensation distribution plan for 2021.
♦Employee compensation distribution plan for 2021.
♦CEO's compensation.
♦Manager's raise.
♦List of purchasing stock by managers before IPO.

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

You are now leaving our web site!

You are now leaving our web site. The web site you wish to link to is owned or operated by an entity other than M3 technology Inc. . We do not control this third party web site. We are providing this link for your convenience only and we are not responsible for the availability of or the content located on or through this third party web site, the accuracy, completeness, timeliness, or legality of any information contained in this third party web site, and any opinions expressed therein, nor for any link contained in this third party web site. This third party web site is not investigated, monitored, or checked for accuracy, completeness, timeliness, or legality, by M3 Technology Inc.. The link from our web site to this third party web site does not imply that we approve of, endorse, or recommend this third party web site. We expressly disclaim all warranties, express or implied, as to the accuracy, legality, reliability, timeliness, quality, or validity of any content on this third party web site.