Pursuant to our Articles of Incorporation, ZIPPY shall have 7 to 9 directors, whose terms of office shall be 3 years and can be re-elected. The Board shall have at least 3 independent directors, not less than 1/3 of total directors. More than half of the independent directors shall not serve more than three consecutive terms. The chairman of the board shall be elected by the directors. The chairman represents the company externally and oversees all important affairs of the company.
•The term of the current board of directors is from May 22, 2025 to May 21, 2028.
•ZIPPY's Board of Directors established a Remuneration Committee on Dec. 23, 2011 in accordance with Article 14-6 of the Securities and Exchange Act.

Diversity of Board Members

Zippy advocates the diversity policy of directors, to strengthen corporate governance, promote the holistic development of the Board membership, and improve the overall performance of the company.
The BOD emphasizes composition diversity such as age, gender, etc., with members equipped with various role-related knowledge, skills, and industrial backgrounds.
In order to enhance the functions of the BOD and achieve the ideal goal of corporate governance, Article 20 of ZIPPY's "Corporate Governance Best Practice Principles" states that the BOD should have the following functions:
a. Ability to make operational judgments.
b. Ability to perform accounting and financial analysis.
c. Ability to conduct management administration.
d. Ability to conduct crisis management.
e. Knowledge of the industry.
f. An international market perspective.
g. Ability to lead.
h. Ability to make policy decisions.
The company's board of directors consists of 7 directors (including 2 female directors) with the above abilities.
Three independent directors account for 42% of the BOD. No director is concurrently a managerial officer or other employee of the company.

The Regulation of Evaluation of the Board of Directors

Regulations Governing Procedure for Board of Directors Meetings

Procedures for Election of Directors

We established the Audit Committee on 27th May, 2022.
The audit committee intends to assist the board of directors in overseeing the quality and integrity of the company's accounting, auditing, and financial
reporting processes and financial controls. Matters to be deliberated by the audit committee include:

• Hold quarterly audit committee meetings to supervise the company's financial and business conditions and internal control system
• Review of financial reports
• Evaluate the effectiveness of the internal control system:
The audit committee evaluates the effectiveness of the Company's internal control systems, policies, and procedures (including financial, operational, risk management, information security, compliance, and other control measures) and then reviews the regular reports submitted by the audit department and the registered public accountant and management.
• Other major issues stipulated by the company or the competent authority

Audit Committee Charter

Remuneration Committee Charter

Sustainable Development Committee Charter

Risk Management Committee Charter

Sustainable Development Best Practice Principles

Articles of Incorporation

Regulations Governing the Acquisition and Disposal of Assets

Regulations Governing Loaning of Funds

Corporate Governance Best Practice Principles

Regulation of Incentive for Informing of Unethical or Unseemly Conduct

ZIPPY Human right and employee right policy

Procedures for Preventing Insider Trading

Regulations Making Endorsement and Guarantee

Codes of Ethical Conduct

Ethical Corporate Management Best Practice Principles