▶️Integrity and Ethics
Corporate Governance
WPG Holdings participates in the Corporate Governance Evaluation hosted by the Taiwan Stock Exchange Corporation (TWSE) and executed by the Securities and Futures Market Development Joint Foundation (SFI). Active cooperation with various indicator requirements is maintained to strengthen corporate governance. In the 12th Corporate Governance Evaluation (2025), WPG Holdings was ranked among the top 5% of all listed companies and the top 10% in the electronics category with a market capitalization of TWD 10 billion or more.
Figure: Jason Liu, Director of WPG Holdings (right), received recognition at the 12th Corporate Governance Evaluation Award Ceremony
Chief Corporate Governance Officer
The company's Chief Legal Officer is currently appointed as the Corporate Governance Officer in accordance with government and legal requirements since May 1, 2019, and the original "Board of Directors' Secretary's Office" has been renamed as "Corporate Governance Office", to enhance performances related to the implementations of corporate governance.
The Corporate Governance Officer is mainly responsible for handling matters related to board meetings and shareholders' meetings according to laws, creating board meetings and shareholders' meetings minutes, furnishing information required for business execution by directors and supervisors, and assisting directors and supervisors with legal compliance.
In addition, according to WPG Holdings' actual operational needs, four main responsibilities have been established:
Ethical Corporate Management
Since integrity governance is an essential element for corporate sustainability, "Integrity" is one of WPG Holdings’ shared values for corporate governance and employee conduct. We formulated the Ethical Corporate Management Best Practice Principles and Code of Ethical Conduct as the important basis for the company to implement ethical management, which clearly stipulates the provisions on avoiding the conflict of interests, grievance mechanism and punishment. The company also established Ethics Committee to manage and plan integrity governance strategy. Furthermore, to promote ethical behavior provisions, WPG formulated the "Employee Code of Conduct" and "Employee Consent" to implement its ethical concept of "Self-Discipline for the Good of Others" for all employees.
Ethics Committee
For the purpose of implementing the Ethical Corporate Management Best Practice Principles, WPG Holdings established the “Ethics Committee” in 2017, with the CEO of the WPG Holdings as the chief convener and the CEOs of each group as members. The Committee meets from time to time to discuss violations, response measures, and discuss various issues and related work progress.
To implement the affairs assigned by the Ethics Committee, the "Executive Secretary Group of the Ethics Committee" is formed by certain functional units of the holdings company (heads and spokespersons of the Legal Affairs Service, F&A Service, Corporate Governance Office, Process Excellence Management Service, HR service, ESG Office, etc.). The Group is responsible for integrity code-related system planning, management method development, and promotion to employees. The Executive Secretary Group is required to report to the Board of Directors at least once a year and convene internal meetings from time to time based on operational needs. In 2025, the implemented items included routine tasks such as reviewing the execution of integrity-related internal training, the signing of the Employee Code of Conduct, and the handling of integrityrelated whistleblowing cases. No incidents of corruption or significant violations of integrity principles occurred in 2025. In addition, discussions focused on strengthening diverse employee communication channels and enhancing the mechanisms for addressing grievances raised by employees of non-routine suppliers regarding issues within their organizations.
Implementation of the Relevant Principles for Ethical Management
The amendments to the “Ethical Corporate Management Best Practice Principles” and “Code of Ethical Conduct” of WPG Holdings have been approved by the Audit Committee and submitted to the Board of Directors for review and resolution. The “Employee Code of Conduct” was reviewed and revised by the Integrity Executive Secretarial Team at the committee meeting. The implementation status of relevant standards was compiled and discussed in the T.I.P.E management mechanism sharing meeting of WPG Holdings to ensure that the relevant standard requirements are accurately implemented and the standards and processes were aligned with the corporate operating procedures
Cross-group T.I.P.E Management Mechanism Sharing Meeting
The T.I.P.E Meeting has been regularly held since 2016 for cross-group exchanges on the processes of procurement, sales, inventory, and accounts receivable, jointly attended by risk management units and relevant functional units of each group, including business management, legal affairs, IT, and accounting. Each group's risk management unit regularly reports at the meeting to analyze abnormalities discovered after auditing transaction documents and proposes recommendations to optimize operating processes or measures to improve personnel behavior. If illegal matters are involved, legal support will be requested simultaneously to assist in the investigation. The belief of "avoid indulging in fraud" is upheld by each group company toward employee fraudulent behaviors, with penalties imposed based on the severity of the circumstances and reported to the Ethics Committee; cooperation with judicial authorities is conducted when necessary.
● T.I.P.E Management Mechanism
Education Training of Ethical Management Principles
To enhance employee awareness of ethical management topics, relevant educational training is planned and promoted by WPG Holdings. Information regarding the Employee Code of Conduct is disseminated through the construction of an internal platform, while online learning courses are concurrently provided. There is also continuous promotion during onboarding training or monthly meetings. In 2025, a total of 5,516 attendees were accumulated for integrity-related educational training.
Note: The participation rate is calculated as the number of participants divided by the number of required participants.
More related policies：Major Internal Policies