Core Viewpoint - The establishment of the Budget Management Committee aims to enhance the planning, coordination, and supervision of the company's budget, ensuring effective decision-making by the board of directors [1]. Group 1: Committee Structure - The committee consists of three directors, including at least one independent director with relevant expertise [3]. - The chairman nominates committee members, who are then elected by the board [3]. - The committee has a designated convener responsible for leading its activities, nominated by the chairman and approved by the board [3]. Group 2: Functions and Responsibilities - The committee's main functions include drafting principles and goals for budget preparation and management, providing opinions on budget adjustments, and evaluating budget execution results [3]. - It is responsible for guiding the formulation and revision of related basic systems and conducting reviews [3]. - The committee operates under the delegation of the board and cannot make decisions on behalf of the board without authorization [3]. Group 3: Meeting Procedures - The financial management department prepares for committee meetings, including logistics and documentation [4]. - Meetings can be convened at the request of the board or committee members, requiring a three-day notice to all members [4]. - A quorum of two-thirds of committee members is needed for meetings, with decisions requiring a majority vote [4]. Group 4: Confidentiality and Documentation - Committee meetings are primarily held in person, but alternative communication methods are allowed to ensure full participation [5]. - Meeting records must be maintained for at least ten years and shared with the board office [5]. - Members are obligated to maintain confidentiality regarding meeting discussions and decisions [5]. Group 5: Implementation and Amendments - The work guidelines take effect upon approval by the board [6]. - Any unresolved matters will be governed by relevant national laws and the company's articles of association [6]. - The board holds the authority to interpret these guidelines [6].