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Communication Status

To fully exercise independent directors’ authority, deeply understand Yang Ming’s business operations and make internal control system effective, Yang Ming has arranged independent meeting at least once per year for independent directors to communicate with chief auditor and certified public accountants accordingly except for audit committee meetings, other meetings or direct communications to comply with the principles of corporate governance and the independence of independent directors.


Communication Status between Independent Directors and Chief Auditor
The communication between independent directors and chief auditor functioned well. The major items of these communications from January 1st, 2022 to December 31th, 2022 are as follows:
Date Communication Methods Major Items of the Communications Results
2022.01.03 The 69th Audit Committee Meeting ● Adjustment suggestion for investment and procurement regulations Follow-up according to independent directors’ suggestions
2022.01.14 The 368th Board Meeting ● Adjustment suggestion for investment and procurement regulations
● Internal audit follow-up report for September and October 2021 		Independent directors raised no objections
2022.02.25 The 369th Board Meeting ● Internal audit follow-up report for October and November 2021 Independent directors raised no objections
2022.03.08 The 71st Audit Committee Meeting ● Report on internal control system self-testing results and statement
   of internal control system for the year 2021 		Independent directors raised no objections
2022.03.14 The 370th Board Meeting ● Report on internal control system self-testing results and statement
   of internal control system for the year 2021
● Internal audit follow-up report for November and December 2021 		Independent directors raised no objections
2022.04.15 The 372nd Board Meeting ● Internal audit follow-up report for December 2021 Independent directors raised no objections
2022.05.12 The 373rd Board Meeting ● Internal audit follow-up report for January and February 2022 Independent directors raised no objections
2022.06.16 The 18th Special Project Committee Meeting ● Audit analysis report for Vietnam FIDC investment case Follow-up according to independent directors’ suggestions
2022.06.17 The 374th Board Meeting ● Internal audit follow-up report up to April 2022 Independent directors raised no objections
2022.07.15 The 375th Board Meeting ● Internal audit follow-up report up to May 2022 Provide written report according to independent directors’ instruction
2022.08.11 The 376th Board Meeting ● Internal audit follow-up report up to June 2022 Independent directors raised no objections
2022.09.16 The 377th Board Meeting ● Internal audit follow-up report up to July 2022 Independent directors raised no objections
2022.10.14 The 378th Board Meeting ● Internal audit follow-up report up to August 2022 Independent directors raised no objections
2022.11.10 The 379th Board Meeting ● Internal audit follow-up report up to September 2022 Independent directors raised no objections
2022.11.29 Individual communication between independent director and chief auditor ● Internal audit report for the year of 2022
● Proposal of audit plan for the year of 2023
● Improvement measures for Internal Control Self-Assessment 		Independent directors raised no objections
2022.12.16 The 380th Board Meeting ● Internal audit follow-up report up to October 2022 Independent directors raised no objections


Communication Status between Independent Directors and Certified Public Accountants
The communication between independent directors and certified public accountants functioned well. The major items of these communications from January 1st, 2022 to December 31th, 2022 are as follows:
Date Communication Methods Major Items of the Communications Results
2022.03.08 Individual communication between independent directors and certified public accountants ● Audit method and opinion on the financial statements for the year of
   2021
● Group audit
● Key audit items
● Other major events in 2021
● Suggestions
● Regulatory developments 		Independent directors raised no objections
2022.03.08 The 71st Audit Committee Meeting ● Financial statements for the year of 2021
● Key audit items
● Regulatory developments 		Independent directors raised no objections
2022.03.14 The 370th Board Meeting Independent directors raised no objections
2022.05.12 Individual communication between independent directors and certified public accountants ● Audit method, range and conclusion on the financial statements for
   the 1st quarter of 2022
● Key accounting items 		Independent directors raised no objections
2022.05.12 The 373rd Board Meeting ● Consolidated financial statements for the 1st quarter of 2022 Independent directors raised no objections
2022.08.11 Individual communication between independent directors and certified public accountants ● Audit method, range and conclusion on the financial statements for
   the 2nd quarter of 2022
● Key accounting items 		Follow-up according to independent directors’ suggestions
2022.08.11 The 376rd Board Meeting ● Consolidated financial statements for the 2nd quarter of 2022 Independent directors raised no objections
2022.11.10 Individual communication between independent director and certified public accountants ● Audit method, range and conclusion on the financial statements for
   the 3rd quarter of 2022
● Key accounting items
● Key audit items for the year of 2022 		Independent directors raised no objections
2022.11.10 The 379th Board Meeting ● Consolidated financial statements for the 3rd quarter of 2022 Independent directors raised no objections