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334 Corporate Governance15 Corporate Governance StructureThe Board of Directors is the highest decision-making and governance team at Bonded, responsible for overseeing the company's overall operations and monitoring the execution of policies by the management team. To build a robust corporate governance culture, the Board meets at least once each quarter, with all resolutions publicly disclosed on the company's website and in the annual report.To enhance the quality and effectiveness of decision-making, the Board has established an Audit Committee and a Compensation Committee. These committees, primarily composed of independent directors who also serve as conveners, assist the Board in maintaining high standards of corporate governance and protecting stakeholder interests.Since 2023, the company has appointed a Corporate Governance Officer. The current Corporate Governance Officer, Manager Pei-Chih Chong, was approved by the Board and is responsible for managing the minutes of Board and shareholder meetings, assisting directors with onboarding and ongoing education, providing necessary information for directors' duties, and ensuring compliance with laws and regulations regarding Board and shareholder meetings.Annual operational plans and budget targets must be submitted to the Board for approval. Following this, the Board communicates organizational goals to employees at all levels, linking them to individual targets. The Audit Office is tasked with ensuring that employees and vendors comply with the Code of Conduct for Integrity, revising work rules or personnel reward and punishment measures as needed.Sustainable development initiatives are reported annually to the Board by the Chairperson of the Bioteque Corporation Sustainable Development Committee. In 2023, the Board held four meetings, with an average attendance rate of 100%.BBIOTEQUE CORPORATION2023 Sustainability Report