The salary and compensation for the Company’s Directors and managers are determined by the Compensation Committee in its regular evaluations based on the Compensation Committee Charter. The performance evaluation and the salary and remuneration of the Directors and managers are based on prevailing rates of the industry as well as their individual performance, the Company’s overall performance, and reasonable assessments of future risks.

The managers’ remuneration includes fixed salary and performance-based floating salary. The performance evaluation includes financial indicators as well as ESG indicators. They include environmental targets such as energy management (e.g., quantity of electricity saved), water resources (e.g., process water recycling rate), and waste management (e.g., waste chemical recycling rate); economic targets such as information security (e.g., information security accidents), innovation management (e.g., patents), and customer service and management (e.g., customer satisfaction); social targets such as talent attraction and retention (e.g., turnover rate) and environmental safety and health (e.g., number of occupational safety accidents).