Communication Between Independent Directors, Internal Audit Supervisor, and Acountants
The Company's Audit Committee is composed entirely of Independent Directors and operates in accordance with the Communication Procedures Between the Audit Committee and the Internal Audit Department/Independent Auditors. Under these procedures, the Audit Committee is required to hold at least one private meeting each year with the Internal Audit Department and the independent auditors, during which no non-independent Directors or members of management are present.
In addition to reviewing reports on the Company's internal control system and internal audit findings, the independent auditors also present reports on the review or audit of the Company's financial statements. If other significant matters arise, or if the Independent Directors, the Chief Internal Auditor, or the independent auditors consider it necessary to communicate independently, meetings may be convened on an ad hoc basis. The results of such communications are documented in meeting records.
A、Communication with the Internal Audit Supervisor in 2025 and up to the date of publication of this annual report for 2026:
Audit Committee | Communication Issues | Communication Results | Suggestions |
2025.02.24the 5th meeting of the 2nd term | Proposed to issue the “Internal Control System Statement" for 2024, affirming that the internal control system design and execution were effective.
| Passed without objection | No suggestions. |
Proposed the amendment of the Company's “Articles of Incorporation”.
| Passed without objection | No suggestions. |
Proposed the amendment of the Company's various management guidelines.
| Passed without objection | No suggestions. |
2025.08.06the 7th meeting of the 2nd term | Proposed the amendments to the Company’s “Corporate Governance Best Practice Principles.”
| Passed without objection | No suggestions. |
2025.11.10the 8th meeting of the 2nd term | Proposed the 2026 audit plan.
| Passed without objection | No suggestions. |
Proposed the amendments to various internal management policies of the Company.
| Passed without objection | No suggestions. |
2026.03.03the 9th meeting of the 2nd term | Proposed to issue the “Internal Control System Statement" for 2025, affirming that the internal control system design and execution were effective.
| Passed without objection | No suggestions. |
Proposed the amendments to various management policies of the Company and its subsidiary, Bonraybio (Sichuan) Co., Ltd.
| Passed without objection | No suggestions. |
B、Communication with the Accountants in 2024 and up to the date of publication of this annual report for 2025:
Audit Committee | Communication Issues | Communication Results | Suggestions |
2025.02.24the 5th meeting of the 2nd term | The accountant provided an explanation on the audit of the Company's 2024 business report and financial statements.
| Passed without objection | No suggestions. |
The accountant provided an explanation on their independence assessment and public expenses.
| Passed without objection | No suggestions. |
The accountant provided an explanation on the non-assurance services provided by their firm and affiliated entities to the Company and its subsidiaries.
| Passed without objection | No suggestions. |
2025.05.12the 6th meeting of the 2nd term | The accountant provided an explanation on the review of the Company's Q1 2025 consolidated financial report.
| Passed without objection | No suggestions. |
2025.08.24the 7th meeting of the 2nd term | The accountant provided an explanation on the audit of the Company's Q2 2025 consolidated financial report.
| Passed without objection | No suggestions. |
2025.11.10the 8th meeting of the 2nd term | The accountant provided an explanation on the review of the Company's Q3 2025 consolidated financial report.
| Passed without objection | No suggestions. |
2026.03.03the 9th meeting of the 2nd term | The accountant provided an explanation on the audit of the Company's 2025 business report and financial statements.
| Passed without objection | No suggestions. |
The accountant provided an explanation on their independence assessment and public expenses.
| Passed without objection | No suggestions. |
The accountant provided an explanation on the non-assurance services provided by their firm and affiliated entities to the Company and its subsidiaries.
| Passed without objection | No suggestions. |
