Note: ※Committee Chairman

 Audit Committee

The Company has an Audit Committee composed of all independent directors. The Committee shall consist of no fewer than three members. Meetings shall be held at least quarterly and as needed. For information on the frequency of Audit Committee meetings, please refer to the Company’s annual reports and the Public Information Observatory. The Committee’s primary responsibilities include reviewing and handling the following matters:

1. Establishing or revising internal control systems in accordance with Article 14-1 of the Securities and Exchange Act.

2. Assessing the effectiveness of internal control systems.

3. Establishing or revising procedures for handling significant financial transactions such as acquisition or disposal of assets, derivatives trading, lending funds to others, or endorsing or providing guarantees for others in accordance with Article 36-1 of the Securities and Exchange Act.

4. Matters involving a director’s personal interests.

5. Significant asset or derivatives trading.

6. Significant lending, endorsement, or provision of guarantees.

7. Offering, issuance, or private placement of equity securities.

8. Appointment, dismissal, and remuneration of certified public accountants.

9. Appointment and removal of the head of finance, accounting, or internal audit.

10. Annual and semi-annual financial reports.

11. Other important matters as prescribed by the company or the competent authority.

Compensation Committee

In December 2011, the Board of Directors resolved to establish a Compensation Committee, composed of three directors, to be responsible for formulating and regularly reviewing the policies, systems, standards, and structures for the performance evaluation and remuneration of directors and executives.