Operations

Prevention of Insider Trading

NDB periodically provides trainings about “Prohibition of Insider Trading” for the directors, supervisors, managers and employees. Newly appointed directors, supervisors, managers and new employees will be scheduled for these training courses respectively.

On November 12th, 2020, NDB provided an education course for current directors, supervisors, managers and employees. The courses included “Prohibition of Insider Trading” and “Internal Major Information Processing Procedures”. The materials of courses had provided to all the directors, supervisors, managers and employees. The materials of training had provided to all the directors, supervisors, managers and employees and also uploaded in company system for all employees to check any time.

 

Establishment of Corporate Governance Officer and operational status

The Board of Directors announced on May 11th, 2020, and appointed Carol Liao as the chief corporate governance officer. The main duties of the chief corporate governance officer are including providing the directors and supervisors related information required in conducting business, assisting the directors and supervisors to follow the laws and regulations, handling all the matters of Board of Directors meeting and Shareholders meeting in accordance with laws and regulations, and recording meeting minutes for Board of Directors meeting and Shareholders meeting.

The corporate governance execution of 2020:

- Finished all the matters of Board of Directors meetings and Shareholders meetings according to laws.

- Assisted the directors and supervisors to complete all training plans.

- Held educational training about corporate governance and related regulations.

- Formed the “Methods of Performance Evaluation of the Board of Directors”.

- Revision or amendment for the corporate governance principles in order to strengthen a good corporate governance management.

 

Establishment of Ethical Practice Management Team and operational status

In October 2020, the chairman approved to set up “Ethical Corporate Management Team”, and convened by the president and composed of representatives of Corporate Governance Office, HR Department, Legal Department and all BU leaders. The president reports the implementation of ethical corporate management to the Board of Directors regularly for every year.

NDB periodically held education trainings about “The Best Corporate ethical Practice Principles” for the directors, supervisors, managers and employees. Newly appointed directors, supervisors, managers and new employees will be scheduled for these education trainings respectively.

On November 12th, 2020, NDB held an education course for current directors, supervisors, managers and employees. The course included “The Best Corporate ethical Practice Principles” and “Report Cases of Illegal and Unethical Practices”. The materials of training had provided to all the directors, supervisors, managers and employees and also uploaded in company system for all employees to check any time.