In order to improve the functions of the Board of Directors and strengthen the management mechanism, the Company in reference to the "Corporate Governance Best Practice Principles for Listed Companies" announced by the competent authority, and Board of Directors established a nominating committee and it's charter.

According to the above-mentioned charter, this committee shall be composed of at least three directors nominated by the board of directors, among which the chairman and more than half of independent directors shall be nominated.

The Committee shall faithfully perform the following duties and shall submit its proposals to the Board for discussion:

1. Laying down the standards of independence and a diversified background covering the expertise, skills, experience, gender, etc. of members of the board, supervisors and senior executives, and finding, reviewing, and nominating candidates for directors, supervisors, and senior executives based on such standards.
2. Establishing and developing the organizational structure of the board and each committee, and evaluating the performance of the board, each committee, and each director and senior executive and the independence of the independent directors.
3. Establishing and reviewing on a regular basis programs for director continuing education and the succession plans of directors and senior executives.
4. Establishing corporate governance guidelines of the Company.