Corporate Commitee

Audit Committee's work highlights are as follows

1. Adoption or amendment of internal management system pursuant to Article 14-1 of the Securities and Exchange Act.

2. Assessment of the effectiveness of the internal management system.

3. Adoption or amendment of procedures for acquisition or disposal of assets, derivative transactions, lending of funds to others, or endorsement or guarantee of others for critical financial operations in accordance with Article 36-1 of the Securities and Exchange Act.

4. Issues concerning directors' interests

5. Critical transactions of assets or derivatives.

6. Critical asset loans, endorsements or guarantees.

7. Solicitation, issuance or private placement of marketable securities of equity nature.

8. Appointment, dismissal or compensation of CPA.

9. Appointment and dismissal of finance, accounting or internal audit supervisors.

10. Annual financial report and semi-annual financial report.

11. Other critical matters as stipulated by Giant Group or competent authority.

Communication between independent directors and chief audit executive and accountants

1. Giant Group appointed three independent directors and established an audit committee at the shareholders' meeting on June 22, 2018.

2. Independent directors and accountants meet regularly each year and accountants shall provide reports to independent directors regarding Giant Group's financial state, financials and overall operations of Giant Group's overseas subsidiaries and internal management audits.

3. Chief audit executive and independent directors will meet regularly (at least once per quarter) to provide reports on the status of Giant Group's internal audits and internal management operations.

4. Chief audit executive, accounts and independent directors are able to communicate directly with one another whenever necessary.

Summary of communication between independent directors and chief audit executive and accountants