Audit Committee-Functional Committee-Corporate Governance-Polytronics Technology Corporation

Functional Committee

AUDIT COMMITTEE

Title	Name	Educational Background and Experience	Concurrent Posts in the Company or Other Companies
Independent Director, and member of the Audit and Remuneration Committees (Note 1)	Chi-Chu Chen	Master of Business Administration, New York University Business School Bachelor of Commerce, NTU College of Law Vice President, China International Commercial Bank (former Mega International Commercial Bank) Chairperson, Mega International Investment Trust Co., Ltd.	Director, China Foundation for the Promotion of Education and Culture
Independent Director, and member of the Audit and Remuneration Committees (Note 1)	Po-Yong Chu	Doctor of Business Administration, Purdue University USA	Department of Management Science and EMBA Program and Adjunct Professor, National Chiao Tung University Independent Director, Hsin Kuang Steel Co. Independent Director, and Applied Materials Co., Ltd.Independent Director,
Independent Director, and member of the Audit and Remuneration Committees (Note 1)	Joseph C.P. Hsieh	Doctor of Finance, Kent State University	National Taiwan University of Science and Technology Professor, Graduate Institute of Finance National Taiwan University International Business and Professor Independent Director, ASMedia Technology Inc. Director, Foundation for International Cooperation in Higher Education of Taiwan

COMMITTEE RESPONSIBILITIES

The main purpose of the operation of this committee is to supervise the following matters:

1. Proper presentation of the company’s financial statements.

2. Selection (dismissal), independence and performance of visa accountants.

3. Effective implementation of the company’s internal controls.

4. The company complies with relevant laws and regulations.

5. Management and control of existing or potential risks of the company.

Operation of the Audit Committee or Supervisors at Board Meetings:

1. Operation of the Audit Committee:

The Company’s Audit Committee is made up of 3 independent directors and at least one meeting is held each quarter. The Committee is responsible for the fair expression of the Company’s financial statement, the selection (release) of CPAs and their independence and performance, the effective implementation of internal control, and the management and control of the Company’s existing or potential risks. The duties of the Committee are as follows:

I. An internal control system adopted or amended pursuant to Article 14-1 of the Securities and Exchange Act.

II. Effectiveness evaluation of the internal control system.

III. According to Article 36-1 of Securities and Exchange Act, formulate or amend operating procedures for material financial business conduct including acquisition or disposal of assets, derivatives transactions, lending funds to others, providing endorsements/guarantees for others.

IV. Audit matters bearing on the personal interest of a director

V. Audits of material assets or derivatives transactions.

VI. Audits of a material monetary loan, endorsement, or provision of a guarantee.

VII. Audits of the offering, issuance, or private placement of any equity-type securities

VIII. Audits of the hiring or dismissal of an attesting CPA, or the compensation given thereto.

IX. Audits of the appointment or discharge of a financial, accounting or internal audit supervisor.

X. Audits of annual financial reports or 6-month financial reports.

XI. Audits of any other material matter so required by the competent authority.

COMMITTEE RESPONSIBILITIES

Audit committee operations

1. The Company’s Audit Committee was established on June 21, 2011, with 3 members.

2. The term of office of the current members: June 24, 2020 to June 23, 2023. As of September 30, 2022, 14 meetings have been held. The attendance of members is as follows:

Title	Name	Actual Attendance	Actual Attendance Rate (%)
Independent Director	Chi-Chu Chen	14	100
Independent Director	Po-Yong Chu	14	100
Independent Director	Joseph C.P. Hsieh	14	100