Directors' Information
Directors' Information
Election of Directors
Major Board Meeting Resolutions
Other Resources
Directors' Information
  • Stan Hung


  • SC Chien


  • Jason Wang


  • Lih J. Chen

    Independent director

  • Wenyi Chu

    Independent director

  • Jyuo-Min Shyu

    Independent director

  • Kuang Si Shiu

    Independent director

  • Wen-Hsin Hsu

    Independent director

  • Ting-Yu Lin


  • Diversified Policy for the Composition of Board Members

    The UMC Board of Directors comprises of 9 members, including 5 seats for independent directors and 1 for a non-executive director; 3 serve as administrative directors. More than half of the director seats are filled by members of outside companies. There are 2 seats currently reserved for a female director. Based on our policy of gender equality, UMC will increase the female director seats progressively.


    The tenures of independent directors are also diversified; there is 1 director that has served for 6 years, 2 directors for 3 years and 2 newly elected directors.


    The board of UMC is composed of members with diversified backgrounds of industry, government and academy. The experiences of board members include the president of national university, academician of Academia Sinica, the Minister of Science and Technology, the president of ITRI, financial experts in finance, accounting and strategy management fields, and professionals from the semiconductor industry, ICT business administration and financial institutions. The directors satisfy basic criteria and professionalism requirements, and through activities of the sub-committees, can also contribute their experiences to supervise and govern issues related to corporate governance, environmental sustainability, corporate social responsibility, legal compliance and human rights protection.


    All independent directors meet the restriction of the Regulations Governing Appointment of Independent Directors and Compliance Matters for Public Companies for other mandates, each independent director concurrently does not serve as an independent director for more than 3 listed companies.

  • Skill Matrix of Board Members
    Skill_Matrix_of_Board_Members.jpg (96 KB)
  • The Results of the Performance Assessment of the Board of Directors

    The Company conducts annual self-evaluation of the performance of the Board of Directors, its functional committees and individual board member based on the “Rules for Performance Evaluation of the Board of Directors" approved by the Board of Directors. The performance results are graded as "Excellent", "Good", or "Room for Improvement". The Nominating Committee conducted the self-evaluation for 2023 of the Board of Directors, Audit Committee, Remuneration Committee, other functional committees(Capital Budget Committee and Nominating Committee) and individual board members and reported the result to the Nominating Committee and Board of Directors on February 27, 2024. The evaluation content is listed below, and the performance result was "Excellent". The Chief Corporate Governance Officer will persist in improving communication with directors to enhance the quality of the Board of Directors' meetings.


    1. Performance evaluation of the Board of Directors
      Evaluation content:
      (1)Participation in the operation of the company;
      (2)Improvement of the quality of the board of directors' decision making;
      (3)Composition and structure of the board of directors;
      (4)Election and continuing education of the directors; and
      (5)Internal control.
      Evaluation period:2023/1/1~2023/12/31.
      Performance result:Excellent.
    2. Performance evaluation of the functional committees (includes Audit Committee, Remuneration Committee, Capital Budget Committee and Nominating Committee)
      Evaluation content:
      (1)Participation in the operation of the company;
      (2)Awareness of the duties of the functional committee;
      (3)Improvement of quality of decisions made by the functional committee;
      (4)Composition of the functional committee and election of its members; and
      (5)Internal control.
      Evaluation period:2023/1/1~2023/12/31.
      Performance result of Audit Committee:Excellent.
      Performance result of Remuneration Committee:Excellent.
      Performance result of Capital Budget Committee:Excellent.
      Performance result of Nominating Committee:Excellent.
    3. Performance evaluation of individual board members
      Evaluation content:

    (1)Familiarity with the goals and missions of the company;
    (2)Awareness of the duties of a director;
    (3)Participation in the operation of the company;
    (4)Management of internal relationship and communication;
    (5)The director's professionalism and continuing education; and
    (6)Internal control.
    Evaluation period:2023/1/1~2023/12/31.
    Performance result:Excellent.


    To improve the operating efficiency of the Board of Directors and enhance corporate governance, “The Rules for Performance Evaluation of the Board of Directors" was revised by UMC and approved by the Board of Directors in October of 2017, which requires the Company's board performance evaluation to be conducted by an external independent professional institution or a panel of external experts and scholars at least once every three years.

    The Company engaged with an external independent institution, Taiwan Corporate Governance Association, a professional institution is independent and has no business relation with the Company, to conduct an assessment on board performance, and completed the evaluation on October 25, 2023. The assessment comprised of 8 scopes including Composition, Direction, Authorization, Monitoring, Communication, Internal control, Risk management and Discipline of the Board, and the external institution executed the review through online self-assessment and interview. The assessment report was released on December 8, 2023 and reported to the Nominating Committee and the Board on December 13, 2023.


      The report concluded that UMC paid significant attention to the professionalism and diversity of the composition of the Board, and rigorously selected qualified candidates based on the Company's development needs and strategic goals. The seats of independent directors and female directors has exceeded the regulatory requirements, the Company has made leading arrangements with international perspective and which is praiseworthy. Board members actively speak on various issues and directly communicate with the management, the Board share a good culture with aggressive and effective benefits. The Board focused the importance in sustainable development and risk management issues, which not only integrated sustainable goals with business operations, but also linked employee compensations with the achievement of ESG KPIs, which will strive to enhance the effectiveness of sustainable management. The Company emphasized on the development and cultivation of high-level management, and the succession plan in management team to reserve talents for the company's sustainable development. The report addressed a recommendation on renaming the Nomination Committee to the Sustainability and Nominating Committee, and improving the relevant rules and regulations of the ESG organization, in order to enhance the effectiveness and efficiency of the Board. The company will implement the improvement plan within the next year in accordance with the recommendations of the report.

Election of Directors
  • Policy for Nomination and Election of Directors

    To ensure a fair, just, and open election of directors, the nomination and election procedures of the Company’s directors shall be complied with the Company Act and all related laws and regulations. The organizational culture, business model and long-term development of the Company shall be taken into consideration to the composition of the Board members. The criteria established to ensure the diversity of the Board members shall include but not limited to the following three dimensions:


    1. Basic criteria: shared visions, gender, race, nationality, independence and culture etc.
    2. Professionalism: educational background, professional skills and industry experience etc.
    3. Corporate sustainability and communal participation: corporate governance, environmental sustainability, corporate social responsibility, legal compliance and human rights protection etc.


    Each board member shall possess the indispensable knowledge, skill, and experience to perform their duties; the capabilities with which the Board as a whole shall equip include the followings: business acumen, knowledge of accounting and financial analysis, business management, crisis management, industry knowledge, global perspective, leadership and decision-making.


    At least one among the independent directors of the Company shall be an accounting or finance professional.


    No independent director of the Company may concurrently serve as an independent director of more than three other public companies.


    Each director must be held by a person having neither a spousal relationship nor a relationship within the second degree of kinship with any other directors.


    The performance assessment of the Board shall be reviewed annually according to the assessment guideline and procedure of the Company, and will be conducted by an external independent professional institution or a panel of external experts at least once every three years; the results will be referenced for nomination and election of the directors.

  • 15th term of Election of Directors

    Nomination and Election

    The Company shall have nine (9) to eleven (11) directors who serve a term of three years, elected at the shareholders’ meeting from persons of legal capacity through a nominating system adopted from 2006.  A director may be re-elected.

    At least three (3) directors or one-fifth of all directors, whichever is higher, shall be independent directors.  Their qualifications, shareholding limitations, whether or not they concurrently serve in other positions, methods of nomination and election, and other related matters shall be subject to applicable laws.


    According to Article 192-1 of the R.O.C. Company Act, UMC announced on March 19, 2021, the period for accepting the nomination of director candidates (including independent directors), the number of directors to be elected, the place designated for accepting the roster of director nominees and other necessary matters.  Any shareholder holding 1% or more of the outstanding shares of the Company may nominate candidate(s) for directors in writing.  Any shareholder qualified to nominate may submit nominee(s) to the director, and shall send, during the nomination period from April 1 to April 12, 2021, the name, educational background, past work experience of the nominee(s), and other relevant documents to UMC via registered mail sent to the Finance Division of the Company.  There were no nominations from stockholders except those from the Board during the nomination period.



Major Board Meeting Resolutions
Meeting Date Major Resolutions

Approved capital budget execution


Approved a collaboration with Intel on a development of a 12 nm process platform


Approved the 2023 Business Report and Financial Statements

Approved the 2023 distributable compensation for employees and directors

Approved the 2023 Earnings Distribution Chart

Approved the Cancellation of Restricted Shares to Employees Stock Awards

Approved the issuance of Restricted Stock Awards

Approved the date of convening the 2024 Annual General Meeting, meeting agenda and submission period for shareholder proposals

Approved capital budget execution

Approved the capital injection to subsidiary UMC CAPITAL CORP.

Approved UMC's donation to UMC Science and Culture Foundation


Approved to participate in the capital increase of Faraday Technology Corp.


Approved the Q1, 2024 Consolidated Financial Statements

Approved capital budget execution

Approved the Cancellation of Restricted Shares to Employees Stock Awards

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