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Committee

Audit Committee

The Audit Committee assists the Board in carrying out its financial oversight responsibilities and other duties as set forth in the Company Act, the Securities and Exchange Act, and other applicable laws and regulations. DR.WU's Audit Committee was established on June 12, 2015 and is comprised of all three independent directors. The Committee meets at least once every quarter. Please consult DR.WU's Annual Report for the number of meetings convened in any given year.

Compensation Committee

The Compensation Committee assists the Board in reviewing and evaluating DR.WU's compensation and welfare schemes for its directors and management team. DR.WU's Compensation Committee was established on April 1th, 2015, and is comprised of all three independent directors. The Committee meets at least twice every year. Please consult DR.WU's Annual Report for the number of meetings convened in any given year.

Committee Chairman Membership
Audit Committe HSIN-JU WU CHIH-HSIANG HAN
HSIN-JU WU
CHAO-SHENG CHIANG
Compensation Committee CHIH-HSIANG HAN CHIH-HSIANG HAN
HSIN-JU WU
CHAO-SHENG CHIANG

 

Communication policy between independent directors, internal auditors and independent auditors

Communication policy between independent directors, internal auditors and independent auditors:

There should be at least one meeting held between independent directors, internal auditors and independent auditors. The auditors must send the financial position and audit reports to the independent directors. The Company’s head of internal audit should send a report from time to time to the independent directors regarding the annual audit plan and execution. He/she must be present in the quarterly meetings of the Audit Committee.

The key points of communication between the independent directors and independent auditors are listed below:

Meeting Date Key Points of Communication
2016.03.07
  • The independent auditor sent an audit report on the 2015 annual financial statements.
2017.03.10
  • The independent auditor sent an audit report on the 2016 annual financial statements.
2018.03.08
  • The independent auditor sent an audit report on the 2017 annual financial statements.
2018.12.13
  • The independent auditors reported the audit plan of 2018 financial statements.
2019.02.26
  • The independent auditor sent an audit report on the 2018 annual financial statements.
2019.12.24
  • The independent auditors reported the audit plan of 2019 financial statements.
2020.03.13
  • The independent auditor sent an audit report on the 2019 annual financial statements.
2020.12.18
  • The independent auditors reported the audit plan of 2020 financial statements.
2021.03.05
  • The independent auditor sent an audit report on the 2020 annual financial statements.

The key points of communication between the independent directors and head of internal auditors are listed below:

Meeting Date Key Points of Communication
2016.03.07
  • Audit plan and execution report from October to December ,2015.
  • Discussion on the Statement on Internal Control for 2015.
2016.05.12
  • Audit plan and execution report from January to March, 2016.
2016.08.08
  • Audit plan and execution report from April to June, 2016.
2016.11.07
  • Audit plan and execution report from July to September, 2016.
2016.12.19
  • Discussion on the Company and its mainland subsidiary Dr. Wu Skincare(Shanghai) Co.,.Ltd. ‘s 2017 audit plan.
2017.03.10
  • Audit plan and execution report from October to December, 2016.
  • Discussion on the Statement on Internal Control for 2016.
2017.05.09
  • Audit plan and execution report from January to March, 2017.
2017.08.10
  • Audit plan and execution report from April to June, 2017.
2017.11.09
  • Audit plan and execution report from July to September, 2017.
  • Internal Audit Manager responds to the questions presented during the board meeting and engages in discussion.
2017.12.14
  • Discussion on the Company and its mainland subsidiary Dr. Wu Skincare(Shanghai) Co., Ltd.‘s 2018 audit plan.
  • Internal Audit Manager responds to the questions presented during the board meeting and engages in discussion.
2018.03.08
  • Audit plan and execution report from October to December, 2017.
  • Discussion on the Statement on Internal Control for 2017.
  • Internal Audit Manager responds to the questions presented during the board meeting and engages in discussion.
2018.05.10
  • Audit plan and execution report from January to March, 2018.
  • Internal Audit Manager responds to the questions presented during the board meeting and engages in discussion.
2018.08.13
  • Audit plan and execution report from April to June, 2018.
  • Internal Audit Manager responds to the questions presented during the board meeting and engages in discussion.
2018.11.08
  • Audit plan and execution report from July to September, 2018.
  • Internal Audit Manager responds to the questions presented during the board meeting and engages in discussion.
2018.12.13
  • Discussion on 2019 audit plan of the Company and its subsidiary Dr. Wu Skincare(Shanghai) Co., Ltd.
2019.02.26
  • Audit plan and execution report from October to December, 2018.
  • Internal Audit Manager responds to the questions presented during the board meeting and engages in discussion.
  • Discussion on the Statement on Internal Control for 2018.
2019.05.09
  • Audit plan and execution report from January to March, 2019.
  • Internal Audit Manager responds to the questions presented during the board meeting and engages in discussion.
2019.08.06
  • Audit plan and execution report from April to June, 2019.
  • Internal Audit Manager responds to the questions presented during the board meeting and engages in discussion.
2019.11.07
  • Audit plan and execution report from July to September, 2019.
  • Internal Audit Manager responds to the questions presented during the board meeting and engages in discussion.
2019.12.24
  • Discussion on 2020 audit plan of the Company and its subsidiary.
2020.03.13
  • Audit plan and execution report from October to December, 2019.
  • Internal Audit Manager responds to the questions presented during the board meeting and engages in discussion.
  • Discussion on the Statement on Internal Control for 2019.
2020.05.06
  • Audit plan and execution report from January to March, 2020.
  • Internal Audit Manager responds to the questions presented during the board meeting and engages in discussion.
2020.08.07
  • Audit plan and execution report from April to June, 2020.
  • Internal Audit Manager responds to the questions presented during the board meeting and engages in discussion.
2020.11.06
  • Audit plan and execution report from July to September, 2020.
  • Internal Audit Manager responds to the questions presented during the board meeting and engages in discussion.
2020.12.18
  • Discussion on 2021 audit plan of the Company and its subsidiary.
2021.03.05
  • Audit plan and execution report from October to December, 2020.
  • Internal Audit Manager responds to the questions presented during the board meeting and engages in discussion.
  • Discussion on the Statement on Internal Control for 2020.