Page 67 - Demo

67( %u4e8c ) Compensation and Incentive System%u2460 The primary goal of the company's compensation and incentivesystem is to achieve both short-term and long-term strategicobjectives. This is accomplished through effective recruitment,motivating employees, retaining talented individuals, and fosteringharmonious labor relations, profit sharing, and joint participation inthe company's sustainable management. Internally, compensationmust adhere to principles of fairness and consistency, reflecting aperformance-oriented culture and aligning with the company'scurrent and future organizational structure and overall salary levels.Externally, the company ensures competitiveness within the biotechindustry through its overall salary levels and reward systems.%u2461 The company's compensation includes both wages and non-wageallowances and rewards.%u2462 Wages consist of monthly base salary, position allowances, otherstipends, meal allowances, shift allowances, and overtime pay inaccordance with labor laws. The company participates in annualsalary surveys to obtain market salary information and adjustssalaries based on the achievement of annual business objectivesand individual performance evaluations.%u2463Non-wage allowances are managed according to specific allowance policies.The sources of bonuses under the incentive system come from the company's profits. After paying taxes, covering losses, and allocating dividends and reserve funds, any remaining surplus is allocated as bonuses. The distribution is based on a certain percentage and is calculated according to each department's goals, job roles, and performance results. This includes the following:%u2022 Employee Compensation:According to Article 20 of the company'sbylaws: if the company is profitable for the year, 5% of the profits shouldbe allocated for employee compensation, and up to 1.6% for directorsand supervisors. If there are accumulated losses, amounts must bereserved in advance to cover those losses.)%u2022 Holiday Bonuses and Year-End Bonuses**%u2022 Sales Performance Incentive Bonuses**%u2022 New Customer Acquisition Bonuses**%u2022 Patent Bonuses:To encourage employees to engage in innovativeresearch and development and apply for patents.%u2022 Outstanding Employee Awards and Recognition%u2022 Improvement Proposal Bonuses%u2022 Talent Referral Bonuses:To encourage employees to recommendtalented individuals to join the company.%u2022 Project-Specific BonusesBBIOTEQUE CORPORATION2023 Sustainability Report Industry andValue Chain SustainableManagementCorporateGovernanceEnvironmental SustainabilityEmployeeCareSocialCo-prosperityAbout Appendix