Board of Directors

VSO's highest strategic and management unit, the Board of Directors, consists of nine directors with outstanding professional backgrounds and extensive experience in industries, finance, commerce, and management. In addition to their duties, as stipulated by relevant laws and regulations and as delegated by the shareholders' meeting, they are responsible for overseeing the company's overall operations and affairs and formulating various regulations and procedures to fulfill their supervisory responsibilities.

1. Diversity

   The nomination and selection of the board of directors members are conducted by the provisions outlined in VSO's bylaws with a candidate nomination system, and the "Director Appointment Procedure" explicitly outlines the diversity of board members. Our board consists of nine members, including one female director, with no bias toward male members. The age range of members spans from 31 to 70 years old, and collectively possess a rich background and experience in industries, businesses, finance, accounting, or related fields relevant to VSO. Our board composition embraces diversity in terms of gender, age, professional qualifications, and expertise.

2. Independence

   Nine members of our board of directors consist of three independent directors, constituting 33% of the total board members. All independent directors meet the independence criteria outlined in the "Regulations Governing Appointment of Independent Directors and Compliance Matters for Public Companies." Among the other directors, two have second-degree or closer family relationships, accounting for 22% of the total board members, which does not exceed half of the board's seats. There are no violations of Article 26-3, Paragraphs 3 and 4 of the Securities and Exchange Act.

The board of directors convened a total of 13 meetings from 2022 to 2023.May 15th. The attendance of the directors is as follows: