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Article NO. Content

Title:

Corporate Governance Best Practice Principles for TWSE/TPEx Listed Companies  CH

Amended Date: 2026.05.29 (Articles 2, 3-1, 7, 18, 20, 24, 28, 28-2, 31, 32, 33, 34, 35, 37, 40, 45, 54, 59, 61 amended,English version coming soon)
Current English version amended on 2022.12.23 
Categories: Corporate Governance
Article 38     If a resolution of the board of directors violates law, regulations or the company's articles of incorporation, then at the request of shareholders holding shares continuously for a year or an independent director, or at the notice of a supervisor to discontinue the implementation of the resolution, members of the board shall take appropriate measures or discontinue the implementation of such resolution as soon as possible.
    Upon discovering a likelihood that the company would suffer material injury, members of the board of directors shall immediately report to the audit committee, an independent director member of the audit committee, or a supervisor in accordance with the foregoing paragraph.