Ethical Governance

Ethical Management and Anti-Corruption

THSRC firmly believes that integrity, honesty, and corporate governance are the foundation of our operations. We have formulated relevant internal codes of conduct such as "Ethical Corporate Management Best Practice Principles," "Code of Ethics Conduct," and "Employee Code of Conduct," and increased all employees' awareness of anti-corruption through solid education and training so as to actively prevent conducts that violate integrity and internal norms.

In 2022, the education training and written advocacy in prevent insider trading are listed as follows:

In 2023, no anticorruption education and training for the Board of Directors was held. However, if the competent authority releases relevant anti-corruption information or new laws and regulations, we will provide the Board of Directors with written materials. The number of participants and hours of education and training related to ethical management and anticorruption organized for new and existing employees are listed below:

• The total number of new employees participating in the anti-corruption policy promotion sessions was 341, accounting for 7.2% of all employees.
• A total of 4,747 people participated in the digital training courses on ethics and integrity, accounting for 100% of all employees, with a total of 2,373.5 hours. In addition, the directors and senior management of the company have signed the "Ethical Management Policy Statement."
• A total of 4,747 people participated in the digital training courses on insider trading prevention, accounting for 100% of all employees, with a total of 2,373.5 hours.

THSRC has set up the "Ethical Corporate Management Grievance Mechanism" and the "Regulation of Whistle-Blowing System for Unlawful, Unethical Conduct and Dishonesty Behavior," which are handled by the Company's spokesperson and the Internal Audit Office. Through these mechanisms, a comprehensive complaint channel has been established to promote the Company's culture of ethical management. In 2023, there were no material violations of regulations resulting in penalties imposed by competent authorities due to corruption, and no relevant complaints were received. In the future, we will continue to uphold the highest standards of integrity management.

In view of the fact that suppliers are THSRC's important partners, the Company has formulated the “Principles of Handling Unusual Conduct Among Manufacturers,” “Procurement Regulations,” and relevant sub-laws to regulate suppliers' integrity conduct while indicating the anti-corruption policies and procedures in the bidding instructions to ensure a fair, just and open bidding process. In case of violations, suppliers shall be required to make an explanation, and those with material violations may be blacklisted. In 2022, THSRC announced anti-corruption policies in a total of 1,096 procurement bidding cases. There were no cases of suppliers' violation of Ethical management.

As regards the grievance mechanism for ethical management, grievances are accepted via THSRC's spokesperson mailbox, while the phone number is (02)8789-2000 ext.72710 and email address is Spokesman_MBOX@thsrc.com.tw.

THSRC has established the “Regulation of Whistle-Blowing System for Unlawful, Unethical Conduct and Dishonesty Behavior,” handled by the Internal Audit Office. The contact details are as follows:

• Hotline：02-8725-1188
• Fax：02-8725-1189
• Email address：ethics_MBOX@thsrc.com.tw
• Mailing address：15th Floor, No. 66, Jingmao 2nd Road, Nangang District, Taipei City 11568