HSINCHU, Taiwan, April 30, 2025 ￚ United Microelectronics Corporation (NYSE: UMC; TWSE: 2303) ("UMC"), a leading global semiconductor foundry, today announced it placed in the top 5% in the 11th Corporate Governance Evaluation conducted by the Taiwan Stock Exchange (TWSE) and Taipei Exchange (TPEx), making it one of only 7 companies that have achieved the highest ranking every year since the evaluation began. This recognition affirms UMC’s longstanding commitment to best governance practices, including protection of shareholders’ rights and interest, structure and operation of Board of Directors, information transparency, and sustainable development.
UMC has actively taken steps to enhance diversity on its board of directors. The current board is composed of nine members with diverse professional backgrounds, including 6 independent directors, who account for two-thirds of the board seats. In addition, 3 board members are women, representing one-third of the board. The convener of the Audit Committee also serves as the lead independent director, facilitating effective communication between the board and the management team. By enhancing the board’s functions, diversity, and independence, UMC continues to improve overall corporate governance effectiveness.
UMC is deeply committed to sustainable development and fulfilling its responsibilities as a corporate citizen. In 2021, UMC became the first global semiconductor foundry to pledge net zero emissions by 2050, supported by three key strategies: reducing carbon emissions through optimizing manufacturing process, transitioning to 100% renewable energy, and investing in net-zero technologies. In 2024, UMC further advanced its climate action by introducing an internal carbon price of US$100 per metric ton to stimulate more carbon reduction initiatives.
UMC also values its people as its greatest asset and is dedicated to building a positive work environment for employees. In 2024, the company launched the “United for Women” employee resource group as one of the programs to foster a more inclusive, equitable and supportive workplace.
UMC’s progress and long-term commitment to sustainability have earned longstanding recognition in international sustainability assessments. The company has been included in the Dow Jones Sustainability World Index for 17 consecutive years and has maintained an AA rating in the MSCI ESG Ratings.
About UMC
UMC (NYSE: UMC, TWSE: 2303) is a leading global semiconductor foundry company. The company provides high-quality IC fabrication services, focusing on logic and various specialty technologies to serve all major sectors of the electronics industry. UMC’s comprehensive IC processing technologies and manufacturing solutions include Logic/Mixed-Signal, embedded High-Voltage, embedded Non-Volatile-Memory, RFSOI, BCD etc. Most of UMC's 12-in and 8-in fabs with its core R&D are located in Taiwan, with additional ones throughout Asia. UMC has a total of 12 fabs in production with combined capacity of more than 400,000 wafers per month (12-in equivalent), and all of them are certified with IATF 16949 automotive quality standard. UMC is headquartered in Hsinchu, Taiwan, plus local offices in United States, Europe, China, Japan, Korea & Singapore, with a worldwide total of 20,000 employees. For more information, please visit: http://www.umc.com.
Note from UMC Concerning Forward-Looking Statements
Some of the statements in the foregoing announcement are forward-looking within the meaning of the U.S. Federal Securities laws, including statements about introduction of new services and technologies, future outsourcing, competition, wafer capacity, business relationships and market conditions. Investors are cautioned that actual events and results could differ materially from these statements as a result of a variety of factors, including conditions in the overall semiconductor market and economy; acceptance and demand for products from UMC; and technological and development risks. Further information regarding these and other risks is included in UMC’s filings with the U.S. Securities and Exchange Commission. UMC does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.
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