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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, 2023 to December 31st, 2023 are as follows:
Date Communication Methods Major Items of the Communications Results
2023.01.13 The 381st Board Meeting ● Internal audit follow-up report up to November 2022 Independent directors raised no objections
2023.03.09 The 382nd Board Meeting ● Report on internal control system self-testing results and statement of internal control system for the year 2022
● Internal audit follow-up report up to January 2023 		Independent directors raised no objections
2023.05.12 The 383rd Board Meeting ● Amendment to the Enforcement Rules of Internal Audit
● Internal audit follow-up report up to March 2023 		Independent directors raised no objections
2023.06.21 The 384th Board Meeting ● Internal audit follow-up report up to April 2023 Independent directors raised no objections
2023.08.11 The 385th Board Meeting ● Internal audit follow-up report up to June 2023 Independent directors raised no objections
2023.09.07 Individual communication between independent director and chief auditor ● Internal audit report for the year of 2023
● Cases assigned by the board of directors
● Future work plans 		Follow-up according to independent directors’ suggestions
2023.09.27 The 386th Board Meeting ● Internal audit follow-up report up to July 2023 Independent directors raised no objections
2023.11.10 The 387th Board Meeting ● Internal audit follow-up report up to September 2023 Independent directors raised no objections
2023.12.08 The 82nd Audit Committee Meeting ● Internal audit plan for the year of 2024 Independent directors raised no objections
2023.12.22 The 388th Board Meeting ● Internal audit follow-up report up to October 2023
● Internal audit plan for the year of 2024 		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, 2023 to December 31st, 2023 are as follows:
Date Communication Methods Major Items of the Communications Results
2023.03.09 Individual communication between independent directors and certified public accountants ● Audit method and opinion on the financial statements for the year of 2022
● Group audit
● Key audit items
● Other major events in 2022
● Suggestions
● Regulatory developments 		Independent directors raised no objections
2023.03.09 The 382nd Board Meeting ● Financial statements for the year of 2022 Independent directors raised no objections
2023.05.12 Individual communication between independent directors and certified public accountants ● Audit method, range and conclusion on the financial statements for the 1st quarter of 2023
● Key accounting items 		Independent directors raised no objections
2023.05.12 The 383rd Board Meeting ● Consolidated financial statements for the 1st quarter of 2023 Independent directors raised no objections
2023.08.11 Individual communication between independent directors and certified public accountants ● Audit method, range and conclusion on the financial statements for the 2nd quarter of 2023
● Key accounting items 		Independent directors raised no objections
2023.08.11 The 385th Board Meeting ● Consolidated financial statements for the 2nd quarter of 2023 Independent directors raised no objections
2023.11.10 Individual communication between independent directors and certified public accountants ● Audit method, range and conclusion on the financial statements for the 3rd quarter of 2023
● Key accounting items 		Independent directors raised no objections
2023.11.10 The 387th Board Meeting ● Consolidated financial statements for the 3rd quarter of 2023 Independent directors raised no objections