Governance Structure

Fubon Insurance is a single-shareholder (Fubon Financial Holdings) corporation, whose directors are appointed by the single corporate shareholder and controls the corporate governance. Pursuant to the Company Act and the Articles of Association of Fubon Insurance, its shareholders’ meeting is held by the Board of Directors comprising five directors, four independent directors, and two supervisors, and there is no executive director. In 2020, the Company established an Audit Committee to strengthen the internal audit function.