Operation and Governance
Board Operations
The USI's Board of Directors candidates are nominated by the Nominating Committee and then approved by the Board of Directors and the Shareholders' Meeting. Currently, USI's Board of Directors is composed of 9 directors, with three independent directors. Each Board Director's term is three years. Shareholders can nominate directors and independent directors. The Nominating Committee will select candidates based on their professional background and working experience. Independent director candidates are required for the attitude of independence.
USI's Board of Directors has four special committees: Strategy Committee, Nominating Committee, Compensation Committee, and Audit Committee. There are rules of procedure for the committees. Each special committee reports to the Board of Directors, and the proposals of the special committees shall be examined and determined by the Board of Directors.
Please link to"Corporate Governance of Investors"for details.
To expand board members' competencies, USI arranges training courses that cover corporate governance and sustainability for board members in hopes that they will incorporate the spirit of sustainability in steering USI corporate policy. In 2021, board members completed 19 hours of training.
|
Course Name |
Hour(s) |
|---|---|
|
2021 Training Course for Corporate Governance |
17 |
|
Regulatory Working Meeting of Listed Companies |
2 |
|
Total Training Hours |
19 |
