ACC Annual Report

Stock Code: 1102 遠東集團 http://emops.twse.com.tw http://www.acc.com.tw FAR EASTERN GROUP ASIA CEMENT CORPORATION 2015 Annual Report Notice to readers This English version annual report is a summary translation of the Chinese version and is not an official document of the shareholders’ meeting. If there is any discrepancy between the English version and Chinese version, the Chinese version shall prevail. Printed on May 15, 2016 Spokesperson Headquarter and Plants Name: W.K. Chou Headquarter Title: Vice President Address: 30~ 31F, No.207, Sec. 2, Dunhua Tel: 886-2-27378940 South Rd., Da’an Dist., Taipei City 106, E-mail: [email protected] Taiwan Tel: 886-2-27338000 IR Contact & Deputy Spokesperson Name: Doris Wu Hsinchu Plant Title: Executive Vice President Address: No.109, Sec. 2, Zhongfeng Rd., Tel: 886-2-27378945 Hengshan Township, Hsinchu County 312, E-mail: [email protected] Taiwan Tel: 886-3-5931011 Stock Transfer Agent Oriental Securities Corporation Hualien Plant Address: 3F., No.86, Sec. 1, Address: No.125, Xinxing Rd., Xincheng Chongqing S. Rd., Zhongzheng Dist., Township, Hualien County 971, Taiwan Taipei City 100, Taiwan Tel: 886-3-8612101 Tel: 886-2-23618608 Website: http://www.osc.com.tw/ Auditors Deloitte & Touche Auditors: Li Wen Kuo and You Wei Fan Address: 12F, No.156, Sec. 3, Minsheng E. Rd., Zhongshan Dist., Taipei City 104, Taiwan Tel: 886-2-25459988 Website: http://www.deloitte.com/ Overseas Securities Exchange London Stock Exchange Disclosed information can be found at http://www.londonstockexchange.com/ Singapore Exchange Disclosed information can be found at http://www.sgx.com/ Corporate Website http://www.acc.com.tw/ Table of Contents I REPORT TO SHAREHOLDERS ............................................................................................................................ 1 II COMPANY PROFILE ........................................................................................................................................... 11 2.1 DATE OF INCORPORATION: ........................................................................................................................................ 11 2.2 COMPANY HISTORY ................................................................................................................................................. 11 III CORPORATE GOVERNANCE REPORT ........................................................................................................ 14 3.1 ORGANIZATION ....................................................................................................................................................... 14 3.1.1 Organization Chart ..................................................................................................................................... 14 3.1.2 Major Corporate Functions ........................................................................................................................ 15 3.2 DIRECTORS, SUPERVISORS AND MANAGEMENT TEAM .................................................................................................... 16 3.2.1 Directors and Supervisors ........................................................................................................................... 16 3.2.2 Major Shareholders of the Institutional Shareholders ............................................................................... 20 3.2.3 Major Shareholders of the Major Shareholders That Are Juridical Persons ............................................... 21 3.2.4 Professional Qualifications and Independence Analysis of Directors and Supervisors ............................... 24 3.2.5 Management Team .................................................................................................................................... 25 3.2.6 Remuneration of Directors, Supervisors, President, and Vice Presidents ................................................... 27 3.2.7 Employees Remuneration to Management Team ..................................................................................... 31 3.2.8 Name and Title of the Top 10 Employees Who Were Distributed Employees Remuneration .................... 32 3.3 IMPLEMENTATION OF CORPORATE GOVERNANCE .......................................................................................................... 33 3.3.1 Board of Directors ...................................................................................................................................... 33 3.3.2 Audit Committee ........................................................................................................................................ 34 3.3.3 Attendance of Supervisors for Board Meeting ........................................................................................... 35 3.3.4 Corporate Governance Execution Status and Deviations from “Corporate Governance Best-Practice Principles for TWSE/ TPEx Listed Companies” ............................................................................................ 36 3.3.5 The Composition, Duty, and Implementation Status of the Remuneration Committee ............................. 46 3.3.6 Corporate Social Responsibility .................................................................................................................. 48 3.3.7 Implementation Status of Ethical Management ........................................................................................ 55 3.3.8 The Training for Directors and Supervisors ................................................................................................ 62 3.3.9 The Training for Managers ......................................................................................................................... 63 3.3.10 the Execution Status of Internal Control System ...................................................................................... 65 3.3.11 Major Resolutions of Shareholders’ Meeting and Board Meetings ......................................................... 66 3.3.12 Resignation or dismissal of the chairman, president, accounting manager, finance manager, auditing manager, and R&D manager of the Company ........................................................................................... 67 3.4 INFORMATION OF CPA SERVICE FEE ........................................................................................................................... 68 3.5 RELEVANT LICENSES AND CERTIFICATES OBTAINED ABOUT TRANSPARENT FINANCIAL INFORMATION ........................................... 68 3.6 CHANGES IN SHAREHOLDINGS AND PLEDGE OF DIRECTORS, SUPERVISORS, MANAGERS, AND SHAREHOLDERS WITH MORE THAN 10% SHAREHOLDING ...................................................................................................................................................... 69 3.7 INFORMATION DISCLOSING THE RELATIONSHIP BETWEEN ANY OF THE COMPANY’S TOP 10 SHAREHOLDERS .............................. 70 3.8 SHAREHOLDING PROPORTION OF ACC TO INVESTEES ..................................................................................................... 75 IV CAPITAL FORMATION ..................................................................................................................................... 76 4.1 CAPITAL AND SHARES ............................................................................................................................................... 76 4.1.1 Capital Increase in the Past Five Years ....................................................................................................... 76 4.1.2 Capital ........................................................................................................................................................ 76 4.1.3 Shelf Registration: None ............................................................................................................................ 76 4.1.4 Shareholder Structure ................................................................................................................................ 76 4.1.5 Shareholding Distribution Status ............................................................................................................... 77 4.1.6 List of Major Shareholders ......................................................................................................................... 77 4.1.7 Market Price, Net Value, Earnings and Dividends per Share ...................................................................... 78 4.1.8 Dividend Policy & Implementation Status ................................................................................................ 78 4.1.9 Effects on Business Performance and EPS Resulting From Stock Dividend Distribution ......................... 79 4.1.10 Compensation of employees, directors and supervisors .......................................................................... 79 4.2 SUMMARY OF CORPORATE BONDS ............................................................................................................................. 81 4.2.1 Issued Corporate Bonds ............................................................................................................................. 81 4.2.2 Issued Exchangeable and Convertible Bonds ............................................................................................. 85 I 4.3 SUMMARY OF ISSUED GDR .....................................................................................................................................

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