The Audit Committee of SOI is established to assist the Board of Directors in fulfilling its oversight responsibilities regarding the quality and integrity of the Company’s accounting, auditing, financial reporting processes, and financial controls. The Committee is composed entirely of independent directors, with no fewer than three members. One member serves as the convener, and at least one member must possess expertise in accounting or finance. The Committee’s primary purpose is to oversee the fair presentation of the Company’s financial statements, the appointment, dismissal, independence, and performance of the external auditors, the effectiveness of internal controls, the Company’s compliance with relevant laws and regulations, and the management of existing or potential risks.

The Company’s Audit Committee currently consists of three members: Mr. Chang-Chou Li, Mr. Chun-Hao Lai, and Ms. Hsin-Hsin Li. The Audit Committee is established to assist the Board of Directors in enhancing corporate governance performance. Its primary duties of review include:
In accordance with Article 14-1 of the Securities and Exchange Act, the Audit Committee is responsible for reviewing the establishment or amendment of the internal control system and the assessment of its effectiveness. Pursuant to Article 36-1 of the Securities and Exchange Act, the Committee also reviews the establishment or amendment of procedures for handling significant financial and business activities, including the acquisition or disposal of assets, derivatives trading, lending of funds to others, and endorsements or guarantees for others. In addition, the Committee reviews matters involving directors’ own interests, significant asset or derivatives transactions, major lending of funds, endorsements or guarantees, the raising, issuance, or private placement of equity-type securities, the appointment, dismissal, or compensation of the certifying CPA, the appointment or dismissal of financial, accounting, or internal audit officers, annual financial reports signed or stamped by the Chairman, managers, and accounting officers, second-quarter financial reports required to be audited and certified by CPAs, and other significant matters as stipulated by the Company or competent authorities.
The Audit Committee convenes regular meetings on a quarterly basis. Within the scope of its authority, the Committee may invite members of management, internal auditors, the Company’s engaged certified public accountants, or other relevant personnel to attend the meetings and provide pertinent information.
The Committee convenes at least once every quarter. In 2024, the Audit Committee of SOI held a total of four meetings, with an attendance rate of 100% for all members.