Regulations Governing the Internal Controls and Audit System for Postal Remittances and Savings Article 11

The general manager of Chunghwa Post shall direct and supervise all savings and remittances departments to make careful assessments and to review the execution of the internal control system, and submit internal control system statements jointly signed and issued by the chairperson, general manager, chief auditor, and compliance officer (as attachment1) to the board of directors for approval, along with operational reports stipulated by the Regulations Governing Postal Remittances and Savings Operations, at the end of each fiscal year to the MOTC, the FSC and the Central Bank of China (CBC) for future reference. In addition, while conducting internal audits, the auditing department shall also check to see that their suggestions for improvements listed in the internal control system statement are heeded, and continue to urge relevant departments to make improvements.The internal control system statement under the preceding paragraph shall be duly published in the annual report of Chunghwa Post, and subsequently within three (3) months from the end of each fiscal year disclose the information contained therein on Chunghwa Post's website.