Our internal audit operates as an independent unit reporting to the Board of
Directors. In addition, this department also reports to the Audit Committee, Chairman, and
our Chief Executive Officer (CEO).
Appointment and Dismissal
The Internal Audit Manager is subject to approval by the Board of Directors. If an Audit
Committee is established, the appointment and dismissal of the Internal Audit Manager
require the consent of the Audit Committee and a resolution from the Board of Directors.
The appointment, performance evaluation, and compensation of internal audit personnel are
carried out in accordance with Article 3, Section 4 of Practical Guidelines for Corporate
Governance. These matters are submitted to the Board of Directors or approved by the