Sustainability Vision | Fitipower Integrated Technology Inc.

Responsibility Sharing

ESG

Sustainability Vision

Home
ESG
Sustainability Vision
Responsibility Sharing

Responsibility Sharing

Under the premise of legal compliance and ethical corporate management, we will continue to strengthen the assessment and response of operational risks and opportunities; optimize external communication channels; establish a convenient, quick, accurate, and secure information network; and develop the core literacy and attitude required for sustainable development.

Goals

Achieved

On-going

Issue	Goals and Targets	2023 Target
Governmance Mechanism	Selected for 1 corporate governance-related index Board meeting attendance rate > 90% Independent directors account for 1/2 of boar d seats; female directors account for 1/3 No significant defects in internal control project review	Board meeting attendance > 85%
		Average study hours per director reach 6 hours
		No significant defects in internal control project review
Complaince and Ethics	No significant violation cases occur 100% completion rate of annual compulsory courses on ethics an d legal compliance	No significant violation cases occur
		Established Internal and External Grievance Mechanisms
		Established annual compulsory courses (Integrity, Ethics, Insider Trading)
Disclosure and Investment	Continuously optimize external communication channels, maintain good relationships with global c apital markets, and enhance investor confidence Seek suitable inv estment targets that support product business expansion based on industry trends and market conditions, creating investment value with a stable financial structure Corporate Governance Evaluation ranked top 5% Participate in Domestic and International Sustainability Evaluations	Shorten financial quarterly statement disclosure period to less than 30 days
Disclosure and Investment		Corporate Governance Evaluation ranked 21% to 35%
Cybersecurity	100% ISO 27001 coverage 100% coverage and completion rate for employee information security education, promotion, and training 0 major inf ormation security incidents	Implement ISO 27001 and obtain thir d-party certification

Governance Evaluation and Financial Performance

Fitipower first participated in the "Corporate Governance Evaluation" in 2020, which highlighted deficiencies in information disclosure and systems, prompting us to make improvements. By 2023, we were recognized in the 9th Corporate Governance Evaluation, ranking in the 21%-35% range, and further advanced to the 6%-20% range in 2024. In terms of financial performance, Fitipower delivered 1.75 billion units in 2023, including 560 million display driver chips, 1.08 billion power management chips, and 110 million other chips. Our total consolidated revenue for the year reached NT$16.29 billion, with earnings per share (EPS) of NT$13.29.

Governance Framework

Regulatory Compliance and Professional Ethics

Fitipower has established comprehensive internal regulations to strengthen corporate business conduct, ethics, and compliance culture. In addition to timely updates of internal policies by respective departments, mandatory training for employees is also implemented. To ensure compliance, the Audit Office conducts regular checks in line with relevant regulations and has set up a whistleblower hotline (wb@fitipower.com) to encourage the reporting of unethical behavior. Whistleblowers may receive rewards of up to NT$10,000, depending on the severity of the case, and are assured protection against any form of retaliation.

2023 Implementation Summary: Fitipower employees received a total of 1,652 hours of training related to ethical business conduct. There were no reports of violations related to ethical business practices, nor were there any findings of regulatory breaches (including those related to environment, health and safety, labor, marketing and product labeling, or unfair competition).

Risk Management

To ensure the sustainable operation of Fitipower, we carefully assess, identify, measure, monitor, and control various risks, keeping them within acceptable levels. We have established the Fitipower Risk Management Policy and Procedures as the guiding principles for risk management across all departments.

Each management unit is required to regularly evaluate and review risk issues. The General Manager, using extensive operational experience and professional judgment, consolidates these into major risk items and regularly reports to the Board of Directors on risk prevention, control, and early warning measures within the management process.。

Cybersecurity

To ensure the effective execution of Fitipower's information management and address potential risks, we adhere to the PDCA cycle, establishing a comprehensive information security risk assessment and management system, as well as a Security Operations Center (SOC). We also formed an Information Security Committee, which regularly reports on operations and planning to the Board of Directors. In 2023, we obtained ISO 27001 certification from SGS, a third-party certification body, with no complaints received regarding customer privacy breaches, data theft, leakage, or loss. We conducted a phishing drill, retraining employees with insufficient awareness, all of whom passed the post-training assessments, ensuring the effective implementation of our information security policies (learn more about our policies).