HLC's Board of Directors serves as the Company's highest governance decision-making body, responsible for the decisions and oversight of major operational policies. Directors are elected under a candidate nomination system. In accordance with the Company Act, the shareholders' meeting elects directors from among the nominees listed in the roster of director candidates. Each director serves a term of three years. HLC has adopted the "Corporate Governance Best Practice Principles," which stipulate that diversity should be considered in the composition of the Board, including, without limitation, gender, age, nationality, culture, professional knowledge, and skills. The Principles also specify that female directors should preferably account for one-third of the Board seats. In addition, HLC has incorporated competencies related to the Company's material ESG impacts into the overall evaluation framework for Board member qualifications. Such competencies are considered during the candidate selection process as part of the assessment of directors' qualifications and suitability. Board nominees are generally expected to the selection and nomination of Board members should ensure that directors generally possess the knowledge, skills, and competencies necessary to perform their duties, including but not limited to business management, crisis management, and business judgment. This ensures that the Board is able to effectively identify and oversee the Company's material impacts on the economy, environment, and society (including human rights), while supporting the implementation of the Company's development strategies.

Matters concerning the professional qualifications of the Company’s independent directors, restrictions on their shareholdings and concurrent positions, determination of independence, nomination procedures, and other compliance requirements are handled in accordance with the Securities and Exchange Act, the Regulations Governing Appointment of Independent Directors and Compliance Matters for Public Companies, and the rules and regulations of the Taiwan Stock Exchange or Taipei Exchange. HLC has also adopted the “Rules Governing the Scope of Powers of Independent Directors,” which clearly stipulate requirements concerning independent director attendance at Board meetings, matters requiring Board resolutions, the exercise of powers, and continuing education, thereby enabling the independent directors to effectively perform their functions.

A total of seven Board meetings were held in 2025, with an average attendance rate of 95% among all directors. The directors actively participated in the meetings and engaged in thorough discussions. The Board of Directors regularly reviews important issues such as the Company’s business strategies, risk management, corporate governance, and sustainable development. In 2025, there were no critical material events that required reporting to the highest governance body.

HLC completed the re-election of all directors on December 16, 2025. The current Board comprises nine directors, including three independent directors, representing approximately 33% of all Board seats. None of the independent directors has served more than three consecutive terms. The Board also includes one female independent director, representing approximately 11% of all Board seats. There are no directors who are employees of the Company or representatives of disadvantaged social groups. The Chairman does not concurrently hold any senior management positions, which aligns with the spirit of excellent corporate governance. All of the Company’s directors are accomplished business professionals whose academic and professional backgrounds and expertise align with the Company’s development direction. They collectively possess the capabilities required to oversee the Company’s material impacts on the economy, environment, and society (including human rights). Through the Company’s corporate governance mechanisms, they are also able to remain fully informed of the legal and regulatory requirements imposed by the competent authorities.