

Governance
Corporate Governance Framework
Fubon Financial Holdings’ board of directors is the highest governance body in the corporate structure. Since 2014, board candidates have been determined by a nomination mechanism. Nominees are elected from a list of candidates at the annual shareholders meeting. Director candidates (including independent directors) are selected and recommended to the board based on the independence standards stipulated by regulatory authorities, as well as the Company’s ”Procedures for the Election of Directors.” The board convenes at least once a quarter, and nine board meetings were held in 2023. The attendance rate was 94.39% (100% if attendance by proxy was included).
The Company has also made the average attendance rate a factor in board directors’ performance evaluations to fully evaluate the degree of engagement by directors in the Company’s operations.
Functional Committee Organization and Operations
Composition Rules | Share of Independent Directors | Main Responsibilities | 2023 Operations | |
---|---|---|---|---|
Met Times | Average Attendance | |||
|
75% |
|
6 | 95.35% |
Composition Rules | Share of Independent Directors | Main Responsibilities |
---|---|---|
|
75% |
|
2023 Operations | |
---|---|
Met Times | Average Attendance |
6 | 95.35% |
Composition Rules | Share of Independent Directors | Main Responsibilities | 2023 Operations | |
---|---|---|---|---|
Met Times | Average Attendance | |||
|
100% |
|
8 | 100% |
Composition Rules | Share of Independent Directors | Main Responsibilities |
---|---|---|
|
100% |
|
2023 Operations | |
---|---|
Met Times | Average Attendance |
8 | 100% |
Composition Rules | Share of Independent Directors | Main Responsibilities | 2023 Operations | |
---|---|---|---|---|
Met Times | Average Attendance | |||
|
100% |
|
8 | 100% |
Composition Rules | Share of Independent Directors | Main Responsibilities |
---|---|---|
|
100% |
|
2023 Operations | |
---|---|
Met Times | Average Attendance |
8 | 100% |