Regulatory Compliance

Committed to Legal Compliance and Governance Excellence

We conduct all our business activities in strict compliance with applicable laws and regulations. To ensure legal compliance, ASEH maintains regular updates ondomestic and foreign laws and policies that affect its operations, and prioritizes regulatory compliance at all of its business locations.

The company’s Corporate Governance Officer and Regulatory Compliance Department assist board directors with overall regulatory compliance and supervise activitiesat our subsidiaries to ensure compliance with relevant laws and regulations. The steps we take to ensure compliance include staying on track with current laws andregulations, identifying changes, and reviewing legal compliance on a regular basis. The company also applies risk control mechanisms to assess potential legal riskexposures across all our operations. Our subsidiary companies are required to report all incidences of non-compliance that resulted in penalties, without delay. Theresponsible subsidiary shall propose immediate improvement plans and both the regulatory compliance department and audit department shall supervise and ensurethat corrective actions are taken and completed.

The company has continued to conduct regular corporate audits on compliance throughout 2022 and, enhanced audits on subsidiaries that are exposed to higher levelsof environmental and workplace safety risks. These actions were taken to strengthen the regulatory compliance mechanisms at all subsidiaries. The impact to thetechnology sector from the United States’ Export Administration Regulations (EAR), is of particular significance to ASEH, and thus classified as a key focus area in ourregulatory compliance. Within Taiwan, we focus primarily on Taiwan’s Securities and Exchange Act, Labor Standards Act, Occupational Safety and Health Act, WasteDisposal Act, Air Pollution Control Act, National Security Act and Act Governing Relations between the People of the Taiwan Area and the Mainland Area. As part of ourregulatory compliance practices, we diligently adapt and modify our internal framework, conduct trainings and disseminate information to update, educate andcommunicate with our board of directors, management and all employees.