Regulations Governing Appointment of Independent Directors and Compliance Matters for Public Companies Article 2

An independent director of a public company shall meet one of the following professional qualification requirements, together with at least five years work experience:1. An instructor or higher in a department of commerce, law, finance, accounting, or other academic department related to the business needs of the company in a public or private junior college, college, or university;2. A judge, public prosecutor, attorney, certified public accountant, or other professional or technical specialist who has passed a national examination and been awarded a certificate in a profession necessary for the business of the company.3. Have work experience in the area of commerce, law, finance, or accounting, or otherwise necessary for the business of the company.A person to whom any of the following circumstances applies may not serve as an independent director, or if already serving in such capacity, shall ipso facto be dismissed:1. Any of the circumstances in the subparagraphs of Article 30 of the Company Act.2. Elected in the capacity of the government, a juristic person, or a representative thereof, as provided in Article 27 of the Company Act.3. Any violation of the independent director qualification requirements set out in these Regulations.