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Independent Director's 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 in 2020 are as follows:
Date Communication Methods ● Major Items of the Communications Results
109.01.21
2020.01.21		 The 342nd Board Meeting ● Internal audit follow-up report for the 3rd quarter of 2019 Independent directors raised no objections
109.03.13 The 48th Audit Committee Meeting ● Report on internal control system self-testing results and statement
    internal control system for the year 2019
● Amendment on partial articles of implementation rules for internal
    audits 		Independent directors raised no objections
109.03.26 The 344th Board Meeting ● Report on internal control system self-testing results and statement
    of internal control system for the year 2019
● Amendment on partial articles of implementation rules for internal
    audits
● Internal audit follow-up report for the 4th quarter of 2019 		Independent directors raised no objections
109.08.13 The 348th Board Meeting ● Internal audit follow-up report for the 1st quarter of 2020 Independent directors raised no objections
109.10.22 The 53rd Audit Committee Meeting ● Amendment on internal audit plan for the year of 2020
● Proposal of internal audit plan for the year of 2021 		Independent directors raised no objections
109.11.12 The 352nd Board Meeting ● Amendment on internal audit plan for the year of 2020
● Proposal of internal audit plan for the year of 2021
● Internal audit follow-up report for the 2nd quarter of 2020 		Independent directors raised no objections
109.12.09 Individual communication between independent directors and chief auditor ● Internal audit report for the year of 2020 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 in 2020 are as follows:
Date Communication Methods ● Major Items of the Communications Results
109.03.13 Individual communication between independent directors and certified public accountants ● Audit method and opinion on the financial statements for the year of
    2019
● Key audit items
● Regulatory developments 		Independent directors raised no objections
109.03.13 The 48th Audit Committee Meeting ● Financial statements for the year of 2019
● Key audit items
● Regulatory developments 		Independent directors raised no objections
109.03.26 The 344th Board Meeting Independent directors raised no objections
109.05.06 Meeting between independent directors, certified public accountants and Yang Ming ● Review results for the financial statements for the year of 2019 Independent directors raised no objections
109.05.13 Meeting between directors, certified public accountantsdirectors and Yang Ming ● Audit method, range and opinion on the financial statements for the
    1st quarter of 2020
● Key accounting items
● Regulatory developments 		Independent directors raised no objections
109.05.13 The 346th Board Meeting ● Consolidated financial statements for the 1st quarter of 2020 Independent directors raised no objections
109.08.06 Meeting between special projects committee’s members, certified public accountants and Yang Ming ● Impairment of assets for Yang Ming’s subsidiary Independent directors raised no objections
109.08.13 Meeting between directors, certified public accountants and Yang Ming ● Audit method, range and opinion on the consolidated financial
    statements for the 2nd quarter of 2020
● Key accounting items
● Regulatory developments 		Independent directors raised no objections
109.08.13 The 348th Board Meeting ● Consolidated financial statements for the 2nd quarter of 2020 Independent directors raised no objections
109.11.12 Meeting between independent directors, certified public accountants and Yang Ming ● Audit method, range and opinion on the consolidated
    financial statements for the 2nd quarter of 2020
● Key accounting items
● Regulatory developments 		Independent directors raised no objections
109.11.12 The 352nd Board Meeting ● Consolidated financial statements for the 3rd quarter of 2020 Independent directors raised no objections