Yuanta Core Pacific Securities

Corporate governance has become a key issue in modern developed economies as companies strive to enhance the quality of their operations and deliver value to shareholders. Yuanta, being the leading securities house in Taiwan, has chosen to adopt industry best practices to ensure it fulfils its corporate governance responsibilities to align management and shareholder interest and provide corporate transparency.Some of our newly adopted initiatives with regard to corporate governance in the past year include:

A Board composed of 15 directors, of which 2 are independent directors.
3 supervisors were elected, of which 1 is an independent supervisor.
Yuanta is in the process of forming several committees in an effort to distribute rights and responsibilities among different participants in the corporation.
Yuanta has been improving the quality and transparency of corporate reporting; it received the "more transparent" rating, the highest rating available, when being evaluated by the Securities and Futures Institute of Taiwan with its Corporate Information Disclosure & Transparency Ranking System.

Yuanta Core Pacific Securities has been and will continue to be committed to creating and adopting industry best practices across all of its business activities. In the future, the company will continue to examine and improve its corporate governance practices, to create greater shareholder value.