Regulations Governing the Internal Controls and Audit System for Postal Remittances and Savings Article 28

While the accountants are carrying out auditing and certification for Chunghwa Post’s annual financial report, Chunghwa Post shall commission the accountants to carry out the audit of the company’s internal control system and express their opinions on the correctness of the information in the report to the MOTC and the FSC, the execution of the company’s internal control system and regulatory compliance system, as well as the appropriateness of its bad debt allowance policy.The MOTC or the FSC may request Chunghwa Post to provide the examination report of its personal data protection and AML/CFT mechanism issued by accountants.The auditing fee shall be negotiated by the company and the accountants and paid by the company.The company shall submit a list of the accountants in charge of auditing to the MOTC and the FSC for reference within a month of the start of the auditing year; the same shall apply when any of the accountants are replaced.