Corporate Governance
Corporate Governance Policy and Achievement
Corporate Governance
To ensure sound management of integrity in business operations, the Human Resources Department is responsible for formulating and supervising the implementation of integrity management policies and preventative measures, and reports to the Board of Directors annually.
A report on the company's integrity in business operations was submitted to the board of directors on November 11, 2025.
Corporate governance authority
The Company has adopted the "Code of Conduct for Honest Operations" and the "Operating Procedures and Guidelines for Honest Operations" as approved by the Board of Directors and reported to the Annual General Meeting of Shareholders on July 12, 2022. The Company expects and requires its directors, managers, employees, and those with substantial control to actively implement the honest operation policy and to contribute to the establishment of a corporate culture based on honest operation.
Corporate Governance Executives' Continuing Education
2025
| Study Dates |
Organizer |
Course Name |
Continuing education hours |
|---|---|---|---|
| 2025-10-27 |
Taipei Financial Research and Development Foundation
|
Integrity in business and prevention of insider trading
|
3 hours
|
Implementation of Honest Business Practices
Main policies
- Bribery and accepting bribes are prohibited.
- Providing illegal political donations is prohibited.
- Improper charitable donations or sponsorships are prohibited.
- Offering or accepting unreasonable gifts, hospitality, or other improper benefits is prohibited.
- Infringement of trade secrets, trademark rights, patent rights, copyrights and other intellectual property rights is prohibited.
- Unfair competition is prohibited.
- Products and services that directly or indirectly harm the rights, health, and safety of consumers or other stakeholders during their research, development, procurement, manufacturing, provision, or sale are prohibited.
Responsible unit
To ensure sound management of integrity in business operations, the Human Resources Department is responsible for formulating and supervising the implementation of integrity management policies and preventative measures, and reports to the Board of Directors annually.
Main responsibilities
- In collaboration with other departments, we will integrate integrity and ethical values into the company's business strategy and establish relevant anti-fraud measures and oversight mechanisms to ensure honest business practices, in accordance with laws and regulations.
- A plan to prevent dishonest behavior has been developed, and relevant standard operating procedures and behavioral guidelines have been designed within each plan.
- Review and assist in optimizing the organization, staffing, and responsibilities of each department; establish a mutual supervision and checks and balances mechanism for business activities that may involve a higher risk of dishonest behavior within the scope of business.
- Responsible for promoting and coordinating the dissemination and training of integrity policies.
- Establish a whistleblowing system and ensure its effective implementation.
- In coordination with the board of directors, urge management to verify whether the preventative measures established to ensure honest business practices are operating effectively.
- Prepare and properly preserve relevant documents related to the implementation of the policy of honest business practices.
Promotion of results
We conduct annual awareness campaigns and tests related to honest business practices, actively implementing the values of integrity and honesty, strengthening corporate governance and risk management, and deeply instilling a culture of integrity in our employees. Our company has not had any reported incidents since 2025.
Establish a channel for reporting violations of business integrity, allowing internal and external whistleblowers to file complaints regarding related cases.
Report via online email: tw-hr@arizonrfid.com
Report hotline: (866)2-2322-4824#193
Please send written complaints to: Human Resources Department, Arizon RFID Technology (Cayman) Co., Ltd.
Internal audit and internal control
Our company has established effective accounting and internal control systems, and reviews them regularly to ensure the continued effectiveness of the design and implementation of our integrity management system. Our internal audit unit shall periodically audit compliance with the aforementioned systems, prepare audit reports for the Board of Directors, and may appoint accountants to conduct audits, and, when necessary, engage professionals for assistance.
The self-assessment of the implementation of operational risk control and the monitoring results of key risk indicators in 2025 showed that no dishonest behavior was detected.
Education and training
Our employment terms require employees to adhere to a policy of honest business practices.
Our company should regularly promote the concept of honest operation through education, training or other means, so that stakeholders fully understand the company's determination, policies, prevention measures and consequences of breach of honesty.
Preventing insider trading
- The Board of Directors has passed the "Rules for Preventing Insider Trading". New employees must sign the "Integrity, Confidentiality and Intellectual Property Agreement" and the "Commitment to Prevent Insider Trading" to ensure that they are informed of their obligations to be honest, clean and honest and to keep business confidential. Employees must abide by the confidentiality agreement when they have access to confidential information that may have a significant impact on stock prices.
- When a board meeting is convened and there are any significant matters or proposals that may affect the company's stock price, the deliberative body shall remind the directors and managers present of the provisions of Article 157-1 of the Securities and Exchange Act regarding the prohibition of insider trading.
- Regularly conduct integrity management education and training sessions, and promote the regulations prohibiting insider trading to all employees during in-person training sessions.
The following table shows the implementation status of integrity management in 2025:
| Education and training |
|
| Promise |
|
| Advocacy |
|