Asus 2011 Annual Report Download - page 35

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and managers should refer to common peer standards for payout with
consideration of personal performance and company salary/remuneration
concept, business performance and rationality of future risk association.
iii. Directors and managers should not be misled with introduction of pursuit of
salary/remuneration to engage in conducts exceeding the risk appetite of the
company.
4. The proportion of dividend payout to directors and senior managers in
short-term performance and the payout time for some changing salary and
remuneration should be determined with consideration of industry
characteristics and the business nature.
2. Operations of ASUS Compensation Committee:
Date Operation
Dec. 22, 2011
The BOD resolved to establish ASUS “Compensation
Committee” and formulate the rules of organization with
appointment to Mr. Li Ming-yi, Mr. Shao, Zhong-he and
Ms. Wang, Xio-Zhi for taking position as the first
Committees of the “Compensation Committee”
Feb. 24, 2012
The first Compensation Committee Preparatory Meeting
was convened to select Li, Ming-yi committee as the
convener and meeting chairman for this Committee.
Mar. 9, 2012
The first session of the first Compensation Committee
Meeting was convened and adopted the 2011
Recommendation for Director and Supervisor Reward
Allocation and the Recommendation for ASUS
Remuneration System