According to the Mercuries Life Insurance Board Performance Evaluation Method, the Corporate Governance and Nominating Committee shall conduct an annual internal performance evaluation of the Board and functional committees and an external performance evaluation every three years. Taiwan Corporate Governance Association will be appointed in 2023 to evaluate the performance of the board of directors from December 1, 2021 to November 30, 2022.
Board performance evaluation focuses on ESG issues such as "corporate governance", to promote the formulation of corporate governance measures, support the Company to participate in stock exchange’s corporate governance evaluation, and fully protect the shareholders' rights and interests. In addition, the Board of Directors also actively promotes the fair customer treatment culture, provides the quality customer service, establishes the performance goals in business plans, supervises the implementation of the management team, and continuously strengthens the operational efficiency of the Board of Directors based on the results of the performance evaluation of the Board of Directors, improves the corporate governance culture, and actively promotes the vision of sustainable development.
To enhance the functions of the corporate governance unit of the Company and to assist the directors in the performancing duties,the Board of Directors appointed the Vice President, Yu-Ping Tien, of the Executive Office to act as the corporate governance supervisor, whose main duties include "Handling matters relating to the Board of Directors' meetings and shareholders' meetings pursuant to laws", "Preparing meeting minutes of Board of Directors' meetings and shareholders' meetings", "Assisting in onboarding and continuing education of directors", "Providing documents required for business executed by directors" and "Assisting directors with compliance" as well as building a perfect communication bridge between the Board of Directors and the management team.