Board of Directors

According to the Articles of Incorporation, directors shall be elected pursuant to the Candidate Nomination System. The Company has set up “Election Rules of Directors” for the Board of Directors nomination and election process. Board of Directors consists of seven distinguished members with a great breadth of experience as management, accounting, business, media, shipbuilding and legal expertise.

Term of office: Jun 11, 2024 to Jun 10, 2027

Name	Title	Gender/Age	Education & Experiences / Major Current Positions
Ching-Chen (Johnny) Chueh	Chairman	Male 41~50	Economics, University of Chicago Mitchell Madison Management Consulting Chairman, Ocean Alexander
Hsiung-Wei Tseng	Vice Chairman	Male 51~60	Hydraulic and Ocean Engineering, National Cheng Kung University Supervisor, Chi-Fu Construction Engineering Co. Ltd. Vice-Chairman and CEO, Ocean Alexander
Chung-Hui Cheng	Director	Male 71~80	Mathematics, National Tsing Hua University General Manager, Ocean Alexander Manager, Yu-Ton (E-COM) Corporation Manager, Yu Hua Technology Co., Ltd.
Neng Mou Tu	Director	Male 41~50	Bachelor in Financial Law, College of Law, National Taiwan University Master and PhD in Law, University of California, Berkeley Legal Consultant of MediaTek Inc. Legal Consultant of Hon Hai Precision Industry Co., Ltd Founding partner of the Yuan Fang Law Firm International Partner, King & Wood Mallesons
Chu-Sheng Hsu	Independent Director	Male 61~70	Department of Electronic Engineering, NTUT Master of Computer Science, Stevens Institute of Technology General Manager, IBM Taiwan CEO, GE Taiwan Adjunct Professor, NTU Leadership Program Adjunct Professor, EMBA / MBA, NTHU Independent Director, inergy Technology Inc.
Shui-Xian Lin	Independent Director	Female 51~60	Bachelor in Electrical Engineering, Cooper Union Master of Electrical Engineering, Columbia University CEO, Morgan Stanley Taiwan Limited CEO, Goldman Sachs (Asia) L.L.C. Private Equity Fund sales person of AEA Asia Group Limited Director of Kanpai Group Founding partner of EverYi Capital
Shui-En Liu	Independent Director	Male 61~70	Bachelor in Accounting, National Chung Hsing University Master of Accounting, Soochow University Audit Partner of Deloitte & Touche, China COO, Deloitte & Touche Director of Deloitte & Touche Independent director of Mercuries Data Systems Ltd

Disclosure of Professional Qualifications and Independence Status of Independent Directors

Name	Professional Qualification and Experience	Independence Status	# of Other Taiwanese Public Companies Concurrently Serving as an Independent Director
Name	Professional Qualification and Experience	Independence Status		Johnny Chueh	Mr. Chueh graduated from University of Chicago with a degree in Economics, and is the Chairman of Alexander Marine (“AM” or the Company) Group, including the subsidiaries. He has over 25 years of experience in the yachting industry. Not only taking charge of the Company’s production, operation and finance businesses, he is also responsible for expanding and integrating oversea sales channels and service and maintenance business. With the capabilities of global vision, operational judgment and management, leadership, decision-making, and crisis management, he is able to lead the Company to face the various challenges and market changes.	Not Applicable	0
Hsiung Wei Tseng	Mr. Tseng graduated from Cheng-Kung University with a degree in Hydraulic and Ocean Engineering. He has excellent competency and over 35 years of experience in the yachting industry. He experienced many functions of the Company, including procurement, engineering, manufacturing, etc. Currently he serves as the Vice Chairman and CEO of the Company, and the director of AMI. With the capabilities of global vision, operational judgment and management, leadership, decision-making, and crisis management, he is able to lead the Company to face the various challenges and market changes.	0
Chung Hui Cheng	Mr. Cheng earned his bachelor degree in Mathematics from National Tsing Hua University. He was the general manager of the Company and has over 10 years of experience in the yachting industry. He also has extensive leadership experiences in other companies. With the capabilities of global vision, operational judgment and management, leadership, decision-making, and crisis management, he is able to lead the Company to face the various challenges and market changes, he is able to provide expert advice to the Company’s operation.	0
Neng Mou Tu	Mr. Tu earned his master’s and PhD in Law from the University of California, Berkeley. He has served as a legal consultant for MediaTek Inc. and Hon Hai Precision Industry Co., Ltd. Currently, he is a partner at Yuan Fang Law Firm and King & Wood Mallesons. His extensive experience and expertise span across legal, finance, leadership, organizational transformation, business strategy, and best practices of leading companies. He is able to provide valuable legal and operational advice to the Company.	Not Applicable	0
Chu-Sheng Hsu	Mr. Hsu earned his master degree in Computer Science from Stevens Institute of Technology in the United States. He served as general manager / CEO of IBM Taiwan and GE and has more than 30 years of international corporate management experience. He is an adjunct professor of Leadership Program at National Taiwan University, and an adjunct professor of Institute of Technology Management at National Tsing Hua University. His experience and expertise covers leadership, organizational transformation, business strategy, best practice of excellent companies, and etc. His substantial experiences can fully assist the Company in making relevant decisions of organization transformation and leadership during this current fast-growing stage.	All of the following situations apply to each and every of the Independent Directors:： Satisfy the requirements of Article 14-2 of “Securities and Exchange Act” and “Regulations Governing Appointment of Independent Directors and Compliance Matters for Public Companies” (Note) issued by Taiwan’s Securities and Futures Bureau Independent Director (or nominee arrangement) as well as his/her spouse and minor children do not hold any AM shares Received no compensation or benefits for providing commercial, legal, financial, accounting services or consultation to the Company or to any its affiliates within the preceding two years, and the service provided is either an “audit service” or a “non-audit service”	2
Shui-Xian Lin	Ms. Lin earned her Master of Electrical Engineering from Columbia University. She served as CEO of Morgan Stanley Taiwan Limited and Goldman Sachs (Asia) L.L.C., and led private equity fund sales at AEA Asia Group Limited. She is a founding partner of EverYi Capital, focusing on consumer market brands in Greater China and staying abreast of market changes and developments. Her experience and expertise encompass leadership, organizational transformation, business strategy, best practices of leading companies, and more. She will assist the Company in developing operational and leadership strategies.		0
Shui-En Liu	Mr. Lu earned his Master of Accounting from Soochow University. He served as an Audit Partner at Deloitte & Touche, China, bringing over 30 years of experience in the accounting industry. His expertise includes leadership, organizational transformation, business strategy, and best practices of leading companies. He will assist the Company in developing operational and leadership strategies.		1

Note: During the two years before being elected and during the term of office, meet any of the following situations:

Not an employee of the Company or any of its affiliates.
Not a director or supervisor of the Company or any of its affiliates. The same does not apply, however, in cases where the person is an independent director of the Company, its parent company, or any subsidiary in which the Company holds, directly or indirectly, more than 50% of the voting shares.
Not a natural-person shareholder who holds shares, together with those held by the person’s spouse, minor children, or held by the person under other’s name(s), in an aggregate amount of 1% or more of the total number of outstanding shares of the Company or ranking in the top 10 in holdings.
Not a spouse, relative within the second degree of kinship, or lineal relative within the third degree of kinship, of a managerial officer under subparagraph 1 or any of the persons in the preceding three subparagraphs.
Not a director, supervisor, or employee of a corporate shareholder that directly holds 5% or more of the total number of issued shares of the Company or that ranks among the top five in shareholdings, or that designates its representative to serve as a director or supervisor of the company under Article 27, paragraph 1 or 2 of the Company Act.
Not a director, supervisor, or employee of a company which owns the Company’s majority of director seats or voting shares and those of any other company are controlled by the same person. (This requirement does not apply where the independent director serves concurrently in the Company and its parent company, subsidiaries, or subsidiaries of the same parent company pursuant to the “Securities and Exchange Act” or local laws.)
Not a director, supervisor or employee of a company or institution whose chairman, the president,or person holding an equivalent position of the company and a person in any of those positions at another company or institution are the same person or are spouses. (This requirement does not apply where the independent director serves concurrently in the Company and its parent company, subsidiaries, or subsidiaries of the same parent company pursuant to the “Securities and Exchange Act” or local laws.)
Not a director, supervisor, officer, or shareholder holding 5% or more of the shares of a specified company or institution that has a financial or business relationship with the Company.
Not a professional individual or an owner, partner, director, supervisor, or officer of a sole proprietorship, partnership, company, or institution that, provides auditing services to the company or any affiliate of the company, or that provides commercial, legal, financial, accounting services, or related services to the Company or to any affiliate of the Company for which the provider in the past 2 years has received cumulative compensation exceeding NT$500,000, or a spouse thereof; provided, this restriction does not apply to a member of the remuneration committee, public tender offer review committee, or special committee for merger/consolidation and acquisition, who exercises powers pursuant to the Act or to the Business Mergers and Acquisitions Act or related laws or regulations.

Diversity and Independence of the Board

The Company clearly states its diversity policy and approval process in the “Rules for Election of Directors.” The members of the Company’s Board of Directors are nominated via rigorous selection processes. It not only considers background diversity, professional competence and experience, but also attaches great importance to his/her personal reputation on ethics and leadership. In order to implement the goal of diversity in the composition of Board of Directors and in accordance with Article 20 of the Company’s “Corporate Governance Best Practice Principles”, an appropriate policy on diversity mainly includes the following two general standards:

Basic requirements and value: gender, age, nationality, and culture.
Professional knowledge and skills: a professional background, professional skills and industry experience.

At present, the Board of Directors is composed of seven directors with three independent directors, whose terms of office do not exceed three consecutive terms. None of the three independent directors serves as independent director of more than three Taiwanese Public Companies concurrently. There is one female director in the Board. The Company will plan to increase the number of female directors in the future in order to achieve the goal of having 1/3 female directors to serve on the Board. Presently, the seven directors represent diversified perspectives, including a complementary mix of skills, experiences, and backgrounds such as that from the industry, academia, media and finance/accounting field. The following table demonstrates the implementation of the diversity policy for Board members.

Title	Name	Age	Employed by AM	Professional Knowledge				Professional Skills and Experience
Title	Name	Age	Employed by AM	Business	Ship-building	Finance / Accounting	IT/ Cyber- security	Operation Judgement / Management	Leadership / Strategic Decision-making	Industry Experience	Legal, Accounting & Finance	Global Perspective / Crisis Management	ESG
Chairman	Johnny Chueh	41~50		V	V	V		V	V	V		V	V
Vice Chairman	Hsiung Wei Tseng	51~60	V	V	V			V	V	V		V	V
Director	Chung Hui Cheng	71~80		V	V			V	V	V		V	V
Director	Neng Mou Tu	41~50		V				V	V		V	V	V
Independent Director	Chu-Sheng Hsu	61~70		V			V	V	V			V	V
	Shui Hsien Lin	51~60		V			V	V	V		V	V	V
	Shui En Liu	61~70		V		V	V	V	V		V	V	V

Major resolutions of the Board of Directors Meetings Performance Evaluation