Excel Cell Electronic Co., Ltd.

Audit Committee

The Audit Committee is established to assist the Board of Directors in overseeing the quality and integrity of the company’s processes related to accounting, auditing, financial reporting, and financial controls. Matters reviewed by the Audit Committee include: financial statements; auditing and accounting policies and procedures; internal control systems; significant asset or derivative transactions; material loans or guarantees provided to others; the offering or issuance of securities; regulatory compliance; related-party transactions and potential conflicts of interest involving managers or directors; employee grievance reports; fraud investigation reports; corporate risk management; the appointment, dismissal, or remuneration of external auditors; and the appointment or removal of the heads of the finance, accounting, or internal audit functions.

The Audit Committee consists of four independent directors and holds regular meetings at least once per quarter. For information regarding the meetings of this committee, please refer to the company’s annual reports.

Compensation Committee

The Compensation Committee is tasked with assisting the Board of Directors in implementing and evaluating the company’s overall compensation and benefits policies, as well as the remuneration of directors and managers.

The Compensation Committee consists of four members. The Chairman, Liao Pen-Lin, shall be invited to attend all meetings but must recuse himself when his own compensation is being discussed. The Compensation Committee holds regular meetings at least twice a year; for details regarding the meetings held, please refer to the Company’s annual reports.

Audit Committee Members / Compensation Committee Members