Audit and Risk Committee
The committee aims to supervise the following matters
1.Appropriate expression of the company's financial statements.
2.The selection/dismissal of accountants and their independence and performance.。
3.Effective implementation of the company's internal control.
4.Ensuring the company complies with relevant laws and regulations.
5.The management and control of the company's existing or potential risks.
The Committee convenes at least once per quarter. For meeting details and attendance, please refer to the Company’s Annual Report.
Salary and Remuneration Committee
The Salary and Remuneration Committee aims to assist the Board of Directors in the implementation and regular evaluation and review of the company's overall remuneration methods, along with the policies, systems, standards and structure of the performance and remuneration of directors and managers. Members of the committee are the independent directors who meet at least twice a year, and may hold meetings at any time as needed. Please refer to the company's annual report for the meeting of the committee and the attendance of each member.
Nominate Committee
Authorized by the Board of Directors, , the Committee shall exercise the due care of a good administrator to 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, and senior executives, and finding, reviewing, and nominating candidates for directors, 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.
ESG Committee
To achieve the Company’s sustainability goals and strengthen sustainability governance, TUL established "ESG Committee" in August 2024. The Committee is responsible for coordinating the formulation and implementation of corporate social responsibility, sustainability strategies, and concrete action plans. The committee reports to the board of directors on the execution results of sustainability issues and future work plans on a quarterly basis.
The Committee is composed of directors and senior executives of the Company. It convenes at least once a year and may hold additional meetings as necessary.
Scope of Authority:
1. To formulate corporate social responsibility, sustainable development direction and goals, and formulate relevant management policies and specific promotion plans.
2. To track, review, and revise the implementation and effectiveness of the Company's sustainable development.
3. Supervising the disclosure of sustainable information as well as approving the sustainability report.
4. Other matters to be performed by the Committee pursuant to the resolution of the Board of Directors.