The main duties of the Committee are:

Formulate and regularly review the policies, systems, standards and structure of directors and managers' performance evaluation and remuneration.
Make regular assessments and set the remuneration of directors and managers.
Formulate the standards of insurance brokers and agents' performance evaluation and remuneration．
Set out the standards of independence and diversity of background, such as in terms of expertise, skills, experience, gender, etc. required of board members and executives, and to search, review and nominate candidates for directors and senior executives based on such standards.
Conduct performance evaluations of the Board of Directors and functional committees.
Responsible for the accountability function of the "Mercuries Life Insurance Co., Ltd. Responsibility Map System," assisting the Board of Directors in promoting the operation of the Responsibility Map System, and responsible for accountability matters related to major misconduct. Its operation shall comply with the regulations of Article 8 of the "Mercuries Life Insurance Co., Ltd. Responsibility Map System."

Independent Director

Te Cheng Tu

Academic Degree：Master of Business Administration, University of Houston, USA
Current Position：Director of Libo Pharma Corp.

Independent Director

Han Tzong Liou

Academic Degree：Master of Arts, Duke University, USA
Current Position：Director, China Investment & Development Co., Ltd.

Independent Director

Academic Degree：Master of Business Administration, University of Houston, USA
Current Position：Director of Libo Pharma Corp.

Independent Director

Academic Degree：Master in Actuarial Science, Georgia State University
Current Position：Independent Director, Mercuries Life Insurance Co., Ltd.