Governance

Organization Chart

Governance Structure/Responsibilities/Operations of the Board of Directors/Audit Committee/Remuneration Committee

Business Performance

ASIX was dedicated to Designing Value-oriented, Technologically Innovative, Highly Integrated, and Cost-effective Chip Solutions. The company focuses on cultivating high-niche blue ocean markets for industrial/embedded/USB Ethernet chips, achieving an outstanding performance of over 20 consecutive years of profitability. At the same time, ASIX was actively investing in research and development and creating job opportunities.

Dividend Policy Implementation

ASIX's dividend policy, as stipulated by the company's articles of incorporation, was determined based on factors such as the company's capital and financial structure, operating conditions, profits, and the characteristics and cycles of the industry it belongs to, adopting a prudent principle for distribution. The amount distributed shall not be less than 30% of the annual after-tax profits, with cash dividends comprising no less than 10% of the total dividends distributed. If there is any profit after the annual final accounts, it shall first be used to pay taxes and cover previous losses, followed by a 10% allocation to the legal reserve. However, if the legal reserve has reached the company's paid-in capital, this allocation is not required. Additionally, special reserves shall be allocated or reversed in accordance with the company's operational needs and legal requirements. The remaining profit, after dividend distribution and the inclusion of any undistributed profits from the beginning of the year, shall be proposed by the Board of Directors and submitted to the shareholders' meeting for approval.

On February 21, 2024, the Audit Committee reviewed and submitted the 2023 profit distribution plan, which was approved by the Board of Directors and proposed for the shareholders' annual meeting's approval, distributing NT$3.5 per share in cash dividends.

Implementation of Corporate Integrity Management Policy

Integrity in business operations was fundamental for directors and managers. ASIX has always prioritized transparency in information and principled management as its core operating principles. The company has established guidelines for ethical business conduct and a code of ethical behavior, providing a framework for the management team and employees to follow. Internally, ASIX has a comprehensive internal control mechanism, with regular reports to the Board of Directors supervised by internal audits. The results of various internal control audits for 2023 were deemed reasonable and effective, with no major anomalies or risks identified. The company has maintained fair trading practices, with no lawsuits arising from anti-competitive behavior.

Regular and ad-hoc training sessions were arranged for employees and new hires on ethical behavior standards, intellectual property management, insider trading prevention, personal data protection, and safeguarding trade secrets. Additionally, the company's external website provides contact emails for the spokesperson and supervisors for submitting complaints; to date, no complaints have been received.

ASIX's operations comply with the "Company Act," "Securities and Exchange Act," "Business Accounting Act," "Political Donations Act," "Anti-Corruption Act," "Government Procurement Act," and "Public Officials Conflict of Interest Avoidance Act," among other relevant regulations for listed companies. Due diligence is conducted before engaging in transactions with upstream and downstream companies to minimize risks. The company also has a hotline for reporting conflicts of interest, and all directors signed integrity declarations in 2023. For more information, please refer to the relevant sections of the annual report available on the company's website and the Market Observation Post System (MOPS).。

Enterprise Operational Risk and Management

Operating a business often requires facing opportunities and risks from both internal and external sources. Companies must have a proactive approach to risk management, identifying and addressing potential economic, environmental, and social crises that may impact operations. Effective risk management enables stable business operations, reduces the impact and loss from significant risk events, ensures sustainable business practices, protects the rights and interests of all stakeholders, and further maintains the company's image.

ASIX manages enterprise risks, including operational management, strategic planning, financial operations, climate change, and other risks, through a five-step process: hazard identification, risk assessment, decision-making, implementation, and supervision and review. This comprehensive approach ensures that the company can mitigate the impact on its operations during emergencies while maintaining personnel safety and protecting shareholders' interests.

Operational Risk Issues and Countermeasures

Operational Risk Management Organization and Responsibilities

Information Security Policies and Management Measures

To keep the company growing, with the concept of sustainable management, ASIX has formulated the Information Security Policy to strengthen the awareness of personnel information security. We implement the management of information security equipment and the environment, ensure the confidentiality and integrity of data to reduce the risk of information security.

Information Security Management Measures and Resources
ASIX implements the implementation of each information security rule internally, and invests in information security equipment to strengthen information environment security and data protection to achieve the goal of risk control. Information security risk assessments were carried out regularly every year, and the information security manager holds monthly meetings to discuss relevant issues or convenes meetings at any time as needed. Through internal audits, the company reports to the board of directors at least once a year after regular audits. Based on the results of its regular information security risk assessments and internal Improve the audit results.
Information Security Incident Handling and Reporting
ASIX has established information security incident handling and notification procedures. Designation of personnel are responsible for handling major information security incidents and taking necessary countermeasures. In 2023 and as of the date of this Annual, ASIX has no major information security incidents, and there is no financial or operational impact caused by major information security incidents.

Specific Information Security Management, Measures and Results
In order to identify potential risks in the information system and provide effective repair and defense, a project plan has been compiled to perform weak scanning and penetration testing in 2023, which is expected to be completed in 2024.