Asus 2010 Annual Report Download - page 32

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28
Item Operation Deviation from the Rules Governing Listed
& OTC corporate governance and the causes
6. If the company has corporate governance rules stipulated according to the “Rules governing Listed/OTC corporate governance,” please state the variation of the business operation
from the rules:
The company’s corporate governance rules are in planning; however, directors and supervisors have exercised their obligations and internal control system in accordance with the
spirit and regulation of the “Rules governing Listed/OTC corporate governance.”
7. Other information that helps understand the corporate governance (for example, advanced study of directors and supervisors, attendance of directors and supervisors for board
meeting, enforcement of risk management policy and risk measurement standards, protection for consumers and customers, director’s excusing himself/herself from a case involving
conflict of interest, liability insurance acquired for directors and supervisors, and corporate social responsibilities):
1. Directors and supervisors usually attend the board meeting for discussion unless there is a reason not to. Directors must be excused from a case involving conflict of interest
according to the “Rules Governing the Conduct of Board Meetings.” The resolutions of the Board of Directors are disclosed in the Market Observation Post System by law.
2. Liability insurance is acquired for directors and supervisors according to the Articles of Incorporation.
3. In order to improve the governance of the Board of Directors, substantiate the function of supervision, and reinforce the mechanism of governance, the company has the
“Regulations Governing the Conduct of Board Meetings” stipulated in accordance with “Rules Governing the Conduct of Board Meeting by Public Company” for the
reference of the competent authority.
4. The company has repair and maintenance stations and consumer’s hot line setup nationwide for protecting the interest of consumers. The company has an agreement signed
with each customer before providing services and products to them.
5. The company obeys law, maintains a good labor relation, provides job opportunity, builds up brand name, expands exporting business, and fulfills corporate social
responsibility.
6. The company is to have other corporate governances promoted and substantiated gradually in accordance with the current condition and regulations.
8. If there is an internal evaluation report or an independent appraisal report furnished on corporate governance, the internal (external) performance evaluation report must be furnished
with the nonconformities (or suggestions) and corrective actions detailed: N/A
(IV) Operation of the remuneration committee: Not applicable since the company did not have a remuneration committee setup.