The Board of Directors is the highest governing body of the Company. In accordance with the Articles of Incorporation, the Board shall consist of 5 to 15 directors, including 3 independent directors, each serving a three-year term and eligible for re-election. The Chairman of the Company does not concurrently serve as a senior executive officer.

List of Directors (including Independent Directors)

Term ends on December 15th, 2028

Director Diversity Policy

The Company has regulated the consideration of diversity in the composition of the Board of Directors in Article 20 of the "Corporate Governance Best Practice Principles", and formulated appropriate diversification policies with respect to its operations, business types and development needs. All directors possess the professional knowledge and abilities necessary for the execution of their duties. Some directors have practical experience in the automobile-related industry and business management, and some directors also have different professional backgrounds in finance, technology, advertising, media, accounting and information management, demonstrating the diversity of the Board of Directors. In addition to the professional competence and practical experience of directors, we also attach great importance to their personal reputation for ethical behavior and leadership.

The Company currently has a total of 9 directors, including 3 independent directors, accounting for 1/3 of the board, and none of the 3 independent directors has served for more than 3 terms. Currently, none of the Company's directors has the identity of an employee. The Company also emphasizes gender equality in the composition of the Board of Directors and aims to increase the number of seats for each gender to more than one-third of the Board. Among the 9 current directors, there is one female director, accounting for less than one-third of the total number of seats. This is due to the fact that the industry's characteristics lead to a predominance of male directors. We believe that the inclusion of female directors can bring more innovation and development to the company.

To enhance the diversity of the Board of Directors, HLC continues to select suitable candidates through the independent director talent database and maintains communication with major institutional shareholders. This approach expands the sources and channels for talent cultivation, considering diverse factors such as professional background, industry experience, gender, and age, to gradually improve the diversity and balance of the Board's composition.