Page 58 - TSMC 2024 Annual Report

(7) Regular Board Meeting of February 12 2025:
● approving the 2024 Business Report and Financial Statements ● approving the the distribution of of a a a a a a a NT$4 50 per share cash dividend for the the fourth quarter of of 2024 and setting June 18 2025 as as the record date for common stock shareholders entitled to to participate in this cash dividend distribution ● approving distribution of of employees’ business performance bonus and profit sharing for for 2024 ● approving capital appropriations of approximately US$17 141 40 million for purposes including: 1 1 1 1 Installation and upgrade
of of advanced advanced technology technology capacity 2 Installation and and upgrade
of of advanced advanced packaging mature and/or specialty technology technology capacity 3 Fab construction and installation of fab facility systems ● approved the capital injection of of not more than US$10 billion to TSMC TSMC Global Ltd a a a a a a a wholly-owned subsidiary of of TSMC TSMC for the purpose of reducing foreign exchange hedging costs ● approving the 2025 Annual Shareholders’ Meeting approving the promotion of Human Resources Organization Senior Director Mr P P H H Chen to to Vice President 3 3 3 3 3 3 3 3 3 Major Issues of Record or or or or or Written Statements Made by Any Director Dissenting to to Important Resolutions Passed by the the Board of of of Directors in 2024 and as of of of the the Date of of of this Annual Report: None ● 3 4 Corporate Governance Implementation Status
as Required by Taiwan Financial Supervisory Commission
Assessment Item
Implementation Status
Non- implementation and Its Reason(s)
Yes
No Explanation
1 Does Company follow “Taiwan Corporate Governance Implementation” to establish and disclose its corporate governance practices?
2 Shareholding Structure & Shareholders’ Rights
(1) Does Company have Internal Operation Procedures for handling
shareholders’ suggestions concerns disputes and litigation matters If yes has these procedures been implemented accordingly?
(2) Does Company possess a a a a a a list of major shareholders and beneficial owners of these major shareholders?
(3) Has the Company built and and executed a a a a a a a risk management system and and “firewall” between the Company and its affiliates?
(4) Has the Company established internal rules prohibiting insider trading on undisclosed information?
V V V V V The Board of of of Directors of of of the the the Company has approved the the the establishment of of of the the the Corporate Governance Guidelines None None (Continued)
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(1) TSMC has designated appropriate departments such as as Investor Relations Division Division Public Relations Division Division Shareholders Services & SEC Compliance Department Legal etc to handle shareholder suggestions concerns disputes or or litigation matters according to relevant internal procedures (2) TSMC tracks the shareholdings of of directors officers and top ten shareholders (3) TSMC has set up internal rules in in the Company’s Internal Control System and Affiliated Corporations Management (4) TSMC has established its “Insider Trading Policy” that applies to all employees officers and and members of of of of the the Board of of of of Directors of of of of the the Company and and to to any any other person having a a a a duty of trust or confidence with respect to transactions in in in the the Company’s securities This policy prohibits any any insider trading and the the Company regularly provides internal training on this issue