Board Appoints Two Additional Members to 7th-Term Compensation Committee
Original: 公告本公司董事會決議新增委任第七屆薪資報酬委員會二名委員
Summary
MPI Corporation's Board of Directors resolved to appoint two new members to the company's 7th-term Compensation Committee, expanding its current composition mid-term. This is a routine governance action affecting the body responsible for overseeing executive and director remuneration policy. Full body available on MOPS.
Full Translation
Subject line (original): 公告本公司董事會決議新增委任第七屆薪資報酬委員會二名委員. Translation: 'Announcement that the Board of Directors has resolved to newly appoint two additional members to the 7th-term Compensation Committee.' Context: Under Taiwan's Corporate Governance Best-Practice Principles and the Act Governing the Appointment of Independent Directors and the Establishment of Audit Committees by Public Companies, listed companies are required to maintain a Compensation Committee composed of at least three members, a majority of whom must be independent directors. The appointment of two additional members mid-term suggests either a vacancy was created by a prior resignation or term expiry, or the board elected to expand the committee's size. The 7th-term designation refers to the current board term cycle for MPI Corporation (TWSE: 6223). [Body not available — subject line only. See MOPS for full announcement.]