Lite Optoelectronics Technology Co., Ltd.
The Audit Committee
The committee is composed of all independent directors, the number of which shall not be less than three, one of whom shall be the convener, and at least one of them shall have accounting or financial expertise. The term of office of the independent directors of this committee is three years, and they can be re-elected. The committee meets at least once a quarter and may hold meetings as often as necessary。
| The duties of this committee are as follows： | |
| 1. | Formulate or amend the internal control system in accordance with Article 14-1 of the Securities and Exchange Law。 |
| 2. | Assessment of the effectiveness of the internal control system。 |
| 3. | According to Article 36-1 of the Securities and Exchange Act, formulate or amend the procedures for handling major financial business activities such as acquiring or disposing of assets, engaging in derivatives transactions, lending funds to others, and providing endorsements or guarantees for others。 |
| 4. | Matters involving directors' own interests。 |
| 5. | Significant asset or derivative transaction。 |
| 6. | Significant capital loan, endorsement or provision of guarantee。 |
| 7. | Raising, issuing or private placement of securities with equity nature。 |
| 8. | Appointment, dismissal or remuneration of certified accountants。 |
| 9. | Appointment and dismissal of financial, accounting or internal audit supervisors。 |
| 10. | Annual financial report and semi-annual financial report。 |
| 11. | Other important matters stipulated by the company or the competent authority。 |