CSC Financial Co., Ltd. has released revised Terms of Reference for its Audit Committee. The document aims to standardize meeting and decision-making procedures in accordance with relevant laws, regulations, normative documents, and the company’s Articles of Association.

Under these updated guidelines, the Audit Committee is composed of at least three directors, the majority of whom must be independent and include at least one accounting professional. The committee must hold regular meetings at least once every quarter, with additional meetings convened as needed. The chair, an independent director versed in accounting, is responsible for planning sessions and supervising implementation of resolutions.

The new provisions clarify the committee’s responsibilities, including review of the company’s financial disclosures, supervision and evaluation of both internal and external audits, oversight of internal controls, and coordination of internal and external audit work. The committee is also empowered to engage external professionals or request reports from directors and senior management, ensuring effective supervision of the company’s financial processes.

These Terms of Reference take effect on November 21, 2025, following approval by the board of directors.