audit committeeEN – SongChuan

audit committeeEN – SongChuan

Audit Committee

The Company's Audit Committee is composed of all independent directors and meets at least once a quarter and may be convened at any time as necessary.

The work focuses on：

Appropriate presentation of the company's financial statements.

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

Effective implementation of the company's internal control.

The company complies with relevant laws and regulations.

Control of existing or potential risks of the company.

Members of the Company’s 1st Audit Committee

Term of office of current members: From December 19, 2024, to December 18, 2027.

Title	Name	Main education and experience
Convener (Independent Director)	LU CHIA CHI	PhD in Accounting, National Chengchi University Associate Professor of the Department of Accounting and Finance, National Central University
Member (Independent Director)	YU CHWO MING	PhD in Business Administration, University of Michigan Professor of Business Administration and Director of the Institute of Management at Chang Gung University Professor, Department of Business Administration, National Chengchi University Independent Director, ADVANTECH Co., Ltd. Consultant, HON HAI PRECISION IND. CO., LTD.
Member (Independent Director)	LEE YIH YUH	Ph.D. in Industrial Engineering, Kansas State University Adjunct Associate Professor, Department of Business Administration, National Chengchi University Associate Professor, Department of Business Administration, National Chengchi University
Member (Independent Director)	TSAY MIN HUNG	PhD in International Business from National Taiwan University and Finance from National Central University Associate Researcher, Humanities and Social Sciences Research Center, Academia Sinica Deputy Executive Editor, Humanities and Social Sciences Journal, Academia Sinica Adjunct Associate Professor, Institute of Industrial Economics, National Central University Adjunct Associate Professor, Department of Economics, National Chung Cheng University Adjunct Associate Professor, Department of Economics, National Taipei University Associate Professor, Department of Economics, National Chung Cheng University

Operations of the Audit Committee

The company had convened 9 Audit Committee meetings in 2025 with the following attendance:

Title	Name	Attendance in Person	Number of times attended by proxy	Attendance rate
Convener (Independent Director)	LU CHIA CHI	9	0	100%
Member (Independent Director)	YU CHWO MING	9	0	100%
Member (Independent Director)	LEE YIH YUH	9	0	100%
Member (Independent Director)	TSAY MIN HUNG	9	0	100%

Meeting Dates, Agenda and Resolutions of the Audit Committee in 2025：

Meeting Date	Agenda	Resolutions
2025.03.13	Company’s 2024 Business Report and Financial Statements (IFRSs). 2024 Earnings Distribution. Assessment of the Competence and Independence of the Certifying CPA and the Review of Audit Fees. Follow-up on the Financial Reporting Capability Improvement Plan. Assessment of the Effectiveness of the Company’s Internal Control System for 2024 and the Internal Control System Statement. Amendments to the “Internal Controls” and the “Internal Audit”. Proposal on Defining the Scope of Entry-Level Employees.	All attending committee members approved as proposed.
2025.03.28	Proposal for the Company to Extend Loans to Its Subsidiaries.	All attending committee members approved as proposed.
2025.04.18	Assessment of the Effectiveness of the Company’s Internal Control System for the Period from April 1, 2024 to March 31, 2025 and the Internal Control System Statement. Company’s Financial Forecasts for the Second and Third Quarters of 2025. Company’s “Corporate Governance Evaluation Self-Assessment Report.” Establishment of the Company’s “Risk Management Best-Practice Principles” and “Risk Management Policies and Procedures.” Appointment of the Company’s Chief Information Security Officer and Information Security Personnel.	All attending committee members approved as proposed.
2025.05.12	Company’s First Quarter 2025 Financial Statements (IFRSs). Company’s Financial Forecasts for the Second and Third Quarters of 2025.	All attending committee members approved as proposed.
2025.05.29	Ratification of the Acquisition of Shanghai Song Chuan Precision Electron Co., Ltd., as Approved by the Board of Directors on April 15, 2022. Ratification of the Purchase of Production Equipment by the Subsidiary, Song Chuan (Xiamen) Precision Electron Co., Ltd., from Xiamen Song Chung Precision Co., Ltd., as Approved by the Board of Directors on October 27, 2023. Approval of the Cash Capital Increase for the Subsidiaries, Song Chuan (Xiamen) and Song Chuan Precision Europe GmbH.	All attending committee members approved as proposed.
2025.07.21	Proposal on the Number of Shares to Be Issued, the Tentative Price Range, the Purpose and the Expected Benefits of the Company’s Pre-IPO Cash Capital Increase. Allocation of Subscription Quotas Reserved for Employees (Excluding Managerial Officers) in Connection with the Company’s Pre-IPO Cash Capital Increase Issuance of New Shares. Company’s Application for Bank Credit Lines to Meet Operating Funding Needs. Provision of Endorsements and Guarantees by the Company for Its subsidiary.	All attending committee members approved as proposed.
2025.08.13	Company’s Second Quarter 2025 Financial Statements (IFRSs). Amendments to the Company’s “Rules of Procedure for Board of Directors Meetings,” “Internal Controls,” and “Internal Audit.”	All attending committee members approved as proposed.
2025.11.13	Company’s Third Quarter 2025 Financial Statements (IFRSs). Amendments to the General Principles of the Pre-Approval of Non-Assurance Services Policy(General Policy). Amendments to the Company’s “Sustainable Development Best Practice Principles,” “Corporate Governance Best Practice Principles,” “Procedures for Handling Material Inside Information and Filing Insiders’ New Appointment (Dismissal) Information,” and “Procedures for Applying for the Halt and Resumption of Emerging Stock TPEx Trading.” Amendments to the Company’s “Internal Controls” and “Internal Audit.” Changes to the Company’s Information Security Personnel.	All attending committee members approved as proposed.
2025.12.22	Assessment of the Competence and Independence of the Certifying CPA and the Review of Audit Fees. Approval of the 115th Annual Audit Plan. Approval of the 115th Anniversary Operating Plan (including budget). Provision of Endorsements and Guarantees by the Company for Its subsidiary. Amendments to the 「Approval Authority Table」.	All attending committee members approved as proposed.