Mega Bank Annual Report 2017

15 Annual Report 2017 -15- Evaluation Item Implementation Status Yes No Abstract Illustration spokesman system, webcasting investor conferences)? and Deputy Spokesperson speak publicly on behalf of the Bank by means of press release, website disclosure or disclosure of information. „ The investor conference is handled by the parent company, Mega FHC. F. Is there any other important information to facilitate a better understanding of the Bank ’ s corporate governance practices (e.g., including but not limited to employee rights, employee wellness, investor relations, rights of stakeholders, directors ’ and supervisors ’ training records, the implementation of risk management policies and risk evaluation measures, the implementation of customer relations policies, and purchasing insurance for directors and supervisors, and donations to political parties, stakeholders, and charity organizations)? 3 „ Employees ’ rights: The Bank shall inform the employees in advance of any job relocation. If the change of business nature results in no suitable jobs for the employee, or the employee is incompetent in taking up the job, the Bank shall, according to the Labor Standards Act, inform the employee in advance of the termination of employment contract at least 10 to 30 days. In addition, the Bank and the Union have established a collective agreement. The Bank has set up the Personnel Appraisal Committee, formed by the Bank and union representatives, responsible for the review of awards and penalties of the employees. It has also established the Occupational Safety & Health Committee, responsible for the planning and handling, review and supervision of matters related to labor safety, hygiene and health. Employees ’ Retirement Fund Supervisory Committee is also set up to safeguard employees ’ pension. „ Employee welfare: The Bank has set up the Employee Welfare Committee, responsible for the review and planning of employee welfare services and fund allocation. In addition, the Bank conducts regular employees ’ health checkup and seminars. Employees can also obtain health knowledge through e-learning to achieve the objective of preventive health care. „ Investor relationship: The Bank is fully answerable to its parent company, Mega FHC, for its business performance. „ Directors to recuse themselves from cases in which they have a material interest: As per Rules and Procedures of shareholders meeting of the Bank, interested parties with respect to proposals shall recuse themselves from discussions or voting to avoid the conflict of interest. „ Advanced studies of directors and supervisors: the Bank provides directors and supervisors with opportunities enhancing their professional competency. „ Execution of customer policies: According to the various regulations of the competent authority and bank union, the Bank shall state in the contract, regulations to be complied, whereby customers can claim the right based on the contracts. „ Purchasing liability insurance for directors and supervisors: The Bank purchases “ Directors and Key Employees Liability Insurance ” for all directors and supervisors. „ Donations: The Bank has, over the years, organized various activities and donated to charities and non-profit organizations. The donation process strictly complies with the various internal and external laws and regulations. The above mentioned corporate governance implementation status of the Bank has no deviation from the “Corporate Governance Best - Practice Principles for Banks”.