Remuneration Committee Structure

The members of Remuneration Committee shall be composed of three persons and be appointed by the Board of directors. No less than one of whom shall be independent director. The chair of the Remuneration Committee will be elected from independent directors who are member of this Committee. The Remuneration Committee serves at same period as the Board of directors.

The Remuneration Committee shall convene at least twice per year, and may call a meeting at its discretion whenever necessary. Decision will be made with more than 50% approvals of the entire member of the Remuneration Committee. If no objections were expressed during consultations which serve as voting, then the conveners will consider verdicts had been reached. The decision will be announced and recorded at the meeting.

PTI's executives' remuneration standards are distributed in accordance with the principles of the "Executive Remuneration Policy" set by the Remuneration Committee and the Board of Directors. They are reviewed by the Remuneration Committee every year and submitted to the Board of Directors for resolution. The company has also been cooperating with a team of external professional consultants for a long time to ensure that remuneration policies and payment levels of executive are in line with market trends.Executive remuneration includes salary and variable compensations. Salaries are based on positions, responsibilities and professional abilities, etc., and are set with reference to the standards of the industry; while variable compensations are highly taking into account their extent and value of the services provided for the management of the Corporation. Variable compensations are linked to the sustainability and performance goals are set based on the company's development strategy. In addition to financial indicators such as strategic product revenue, it also includes "Environmental Sustainability", "Social Inclusion" and "Innovation and Growth" as the main axes and sustainable development directions, fulfilling the commitment to sustainable development.