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Corporate Overivew5� Corporate Governance Report5�
III. CORPORATE GOVERNANCE REPORT
10 3.1 Corporate Organization
14 3.2 Directors’, Supervisors’ and Managers’
Information
34 3.3 Corporate Governance Practices
44 3.4 Auditing Notes
45 3.5 Changes in Shareholding of Directors,
Supervisors, Managers and Major Shareholders
47 3.6 Information Disclosing the Relationship
between any of the Company’s Top Ten
Shareholders
48 3.7 Total Percentage of Ownership of Investees
Corporate Governance Report5�
Corporate Governance Report510 Corporate Governance Report511
CENTRAL R&D INSTITUTE
ENVIRONMENTAL SAFETY DIVISION
Technology Development DivisionProduct Development Division IProduct Development Division IIProduct Development Division IIIBioscience CenterR&D Planning Office
TECHNICAL GROUP
Technology Planning DivisionYungkang Main Plant 1Yungkang Main Plant 2Shinshih Main PlantTaichung Main PlantYangmei Main PlantJungli Main PlantOEM & ODM Service DivisionQuality Assurance DivisionEngineering Division
PROVISIONS GROUP
Flour DivisionEdible Oil DivisionAquatic Business DivisionAnimal Feed DivisionAquatic Technology DivisionAnimal Production Technical DivisionFoodstuff Division
LOGISTIC GROUP
Cha-Nan Sales DivisionKaohsiung Sales DivisionTaichung Sales DivisionTaipei Sales DivisionKey Account DivisionChannel Service DivisionNormal-Temp Logistic DivisionTransportation Service Division
INSTANT FOOD GROUP
Food Division
GENERAL FOODS GROUP
Frozen Prepared Foods DivisionMeat DivisionIce Cream DivisionInternational DivisionSauce & Seasoning Division
SUPERVISORS
SHAREHOLDERSMEETING
BOARD OFDIRECTORS
CHAIRMAN OFTHE BOARD
PRESIDENT
PRESIDENT'SOFFICE
Corporate Resources Integration GroupStrategic Marketing GroupCorporate Planning GroupInformation DivisionSecretariat Office
SECRETARIAT TO THEBOARD OF DIRECTORS AUDIT DIVISION
ACCOUNTING GROUP
TAICHUNG BRANCH
Accounting DivisionFinancial Planning Division
MANAGEMENT GROUP
Purchasing DivisionHuman Resources DivisionAdministrative Service DivisionGlobal Business Service DivisonLegal Affairs Office
DAIRY & BEVERAGE GROUP
Dairy Product DivisionTea Beverage DivisionBeverage Division
TAIPEI BRANCH
Taipei Management DivisionPublic Relation Division
HEALTH GROUP
Bread Division Health Food Division
FINANCE GROUP
Finance DivisionTreasury Division
3.1 Corporate Organization
3.1.1 Organization Chart Asof4/30/2008
Corporate Governance Report510 Corporate Governance Report511
3.1.2 Function of Each DivisionDivision Function
Board of Directors
6�Secretariat totheBoardofDirec-
tors
6�AuditDivision
Planandcoordinateboardmeetings (draftcontentsandprovide information);
performsecretarialservicestochairman
Ensure theeffectivenessof internalcontrol system,strengthencorporate
governance,andsetupcorporate riskassessmentand riskmanagement
mechanism
President’s Office
6�CorporateResources Integration
Group
6�StrategicMarketingGroup
6�CorporatePlanningGroup
6�InformationDivision
6�SecretariatOffice
Undertake national and international investments,merger& acquisition,
joint ventures (including international lawaffairs) projects, and followup
thenecessaryassetmanagement,business integrationandcapitalmarket
operation
Managementofmarketandproduct information,operationalanalysis,market
survey,consumerbehavioranalysis,promotionandadvertisingplanningproject
Inchargeofstrategydevelopment,businessprocessreengineering,employee
training,andinternetbusinessdevelopment
Planning,promotion,andmanagementofinformationtechnology
Secretarialservicestothepresident;liaisontoaffiliates
Environmental Safety Division Preservethesafetyandhealthoftheentirecompany
Central R&D Institute
6�TechnologyDevelopmentDivision
6�ProductDevelopmentDivisionI,II,
III
6�BioscienceCenter
6�R&DPlanningOffice
Conductbasicresearchesonmicroorganism,materialapplication,nutritional
analysisandprocessingtechnology
R&Dofprocessingtechniquesandnewproducts
NewProductsdevelopmentandclinicalpromotionandapplication
Gather information;evaluatenewbusinesspotentialsand technology invest-
ments
Technical Group
6�TechnologyPlanningDivision
6�Yungkang, Shinshih, Taichung,
Yangmei,andJungliMainPlants
6�OEMAndODMServiceDivision
6�QualityAssuranceDivision
6�EngineeringDivision
In chargeof theproduction technologyat eachproduction site including
the tasksof planning, counseling, auditing, functionalmanagement and
e-applications
Arrange production schedule, control production engineering, improve
productionprocess,andmaintainsafetyandhealthduringproduction
ManagementofOEMmanufacturers
Qualitycontrolofrawmaterialsandfinishedgoods
Designtheproduction linesandequipment;maintain theelectrical,plumbing,
andmachineryoperation
Corporate Governance Report51� Corporate Governance Report51�
Division Function
Provisions Group
6�FlourDivision
6�EdibleOilDivision
6�AquaticFeedsDivision
6�AnimalFeedsDivision
6�AquaticFeedsR&DDivision
6�AnimalFeedsR&DDivision
6�FoodstuffDivision
Flourproductdevelopment,production,marketingandsales
Oilproductdevelopment,production,marketingandsales
Aquaticfeeddevelopment,production,marketingandsales
AnimalfeedDevelopment,production,marketingandsales
Developaquaticfeedformulaandtechnology
Developlivestockformulaandtechnology;providecounselingtomanagefarm
Foodstuffimport,processing,marketingandsales
Logistic Group
6�Cha-Nan, Kaohsiung, Taichung,
andTaipeiSalesDivision
6�KeyAccountDivision
6�ChannelServiceDivision
6�Normal-TempLogisticDivision
6�TransportationServiceDivision
Managementofordinarychannels,productpromotion,communicationcoordi-
nationandservice
Managekeyaccount,productpromotion,andcommunication/coordination
Manageandexpandretailchannels;providefullcoverageservicetoretailers
Distributionofallnormal-temperatureproducts
Storageandshipmentofrawmaterialsandfinishedgoods
Instant Food Group
6�InstantNoodleDivision Instantnoodledevelopment,production,marketingandsales
General Foods Group
6�FrozenPreparedFoodsDivision
6�MeatDivision
6�IceCreamDivision
6�InternationalDivision
6�Sauce&SeasoningDivision
Frozenfooddevelopment,production,marketingandsales
Meatproductdevelopment,production,marketingandsales
Icecreamdevelopment,production,marketingandsales
Internationalmarketsdevelopmentandoperation
Soysauceandseasoningdevelopment,production,marketingandsales
Dairy & Beverage Group
6�DairyProductDivision
6�TeaBeverageDivision
6�BeverageDivision
Dairyproductdevelopment,production,marketingandsales
Teabeveragedevelopment,production,marketingandsales
Beveragedevelopment,production,marketingandsales
Health Group
6�BreadDivision
6�HealthFoodDivision
Bakingproductdevelopment,production,marketingandsales
Healthfooddevelopment,production,marketingandsales
Finance Group
6�FinanceDivision
6�TreasuryDivision
Fundplanninganddispatch
Undertake financingplanning for thecompanies,subsidiariesandaffiliates;
derivativesdevelopment;hedgingforinterestandforeignexchanges
Accounting Group
6�AccountingDivision
6�FinancialPlanningDivision
Accounting, taxes,propertymanagement,costcalculationandfinancial infor-
mation
Investmentandbudgetplanning;investmentmanagementandcounseling,and
establishmentofinvestorrelations
Corporate Governance Report51� Corporate Governance Report51�
Division Function
Management Group
6�PurchasingDivision
6�HumanResourcesDivision
6�AdministrativeServiceDivision
6�GlobalBusinessServiceDivision
6�LegalAffairsOffice
Purchasing,planning,costforecasting,inventorymanagementandcontrol.
Recruiting,hiring,training,anddevelopmentofourhumanforces
Managementofdailyaffairsandentranceguard
Overseas’newmarketsandnewbusinessesdevelopment;backupsupportsfor
overseasrepresentativeoffices
Dealingwiththeissuesoflitigationincidentsandlegalaffairs
Taipei Branch
6�TaipeiManagementDivision
6�PublicRelationDivision
Managementofhumanresources,administrativeaffairsandentryguardinTai-
peioffice
Inchargeofpublicrelationsandinternetservicematters
Taichung Branch Inchargeofinternalcommunication,resourceintegration,andtaskssupervision
inTaichungoffice,andexternalconsumersatisfactionandpublicrelationshipin
Taichungcity
Corporate Governance Report51� Corporate Governance Report51�
3.2.1 Directors and SupervisorsA. Information Regarding Directors and Supervisors (I) Asof12/31/2007
Title NameDate
Elected
Term (Yr.)
Date (First Elected)
Shareholding when Elected
Current Shareholding
Spouse & Minor Shareholding
EducationCurrent Position with UPEC and Other Company
Managers, Directors and Supervisors are Spouse or within 2 Degrees of
Consanguinity Each Other
Shares % Shares % Shares % Title Name Relation
Director(JuridicalPersonShareholders)
KaoChyuanInv.Co.,Ltd.
2007.06.28
3 1987.04.25 143,944,359 4.29 152,581,020 4.29 0 0 - - NA NA NA
Chairman(Representative)
Chin-YenKao(Note3)
2007.06.28
3 1967.7.1 100,460 0.00 106,487 0.00 217,050 0.00
PresidentofUni-PresidentEnterprisesCorp.HonoraryPhD(Law)ofLincolnUniv.,U.S.A.;HonoraryPhD(Mgmt.)ofNat’lChengKungUniv.andNat’lSunYat-SenUniv.
(Note9)DirectorandPresident
Chih-Hsien
Lo
Son-in-Law
ManagingDirector(NaturalPerson)
Kao-HueiCheng2007.06.28
3 1967.7.1 20,201,054 0.60 21,413,117 0.60 6,842,127 0.19
ViceChairmanandPresidentofTainanSpinningCo.,Ltd.TainanSeniorCommercialHighSchool
(Note9) NA NA NA
ManagingDirector(NaturalPerson)
Chang-ShengLin
2007.06.28
3 1980.6.1 29,703,931 0.89 31,486,166 0.89 2,192,418 0.06
PresidentofUni-PresidentEnterprisesCorp.ElectricalEngineering,Nat’lChengKungUniv.
(Note9) NA NA NA
Director(JuridicalPersonShareholders)
TaipoInv.Corp.2007.06.28
3 1986.8.15 24,866,043 0.74 25,948,005 0.73 0 0 - - NA NA NA
Director(Representative)
Ping-ChihWu(Note4)
2007.06.28
3 1992.6.1 28,991,756 0.86 29,892,461 0.84 2,324,136 0.07
DirectorofGeneralBankinUSAMSofChemicalEngineeringandMSofIndustrialManagement,U.S.C.,USA
(Note9) NA NA NA
Director(NaturalPerson)
Hsiu-JenLiu2007.06.28
3 1983.6.1 52,075,709 1.55 55,200,251 1.55 0 0HonoraryPh.D.ofLincolnUniv.,U.S.A.
ChairmanofSoAnCo.,Ltd.andSanShiInv.Corp.
NA NA NA
Director(NaturalPerson)
Po-MingHou2007.06.28
3 1992.6.1 87,218,498 2.60 92,451,607 2.60 0 0
ExecutiveVicePresidentofTainanSpinningCo.,Ltd.Tourismmanagement,ChineseCultureUniversity
(Note9) NA NA NA
3.2 Directors’, Supervisors’ and Managers’ Information
Corporate Governance Report51� Corporate Governance Report51�
Title NameDate
Elected
Term (Yr.)
Date (First Elected)
Shareholding when Elected
Current Shareholding
Spouse & Minor Shareholding
EducationCurrent Position with UPEC and Other Company
Managers, Directors and Supervisors are Spouse or within 2 Degrees of
Consanguinity Each Other
Shares % Shares % Shares % Title Name Relation
Director(NaturalPerson)
Ying-JenWu2007.06.28
3 1992.6.1 4,010,677 0.12 4,231,317 0.12 1,309,240 0.04
VicePresidentofUni-PresidentEnterprisesCorp.Economics,TunghaiUniversity
SupervisorofShinOceanEnterprisesCo.,Ltd.andShinHoShingInv.Co.,Ltd.
NA NA NA
Director(JuridicalPersonShareholders)
YoungYunInv.Co.,Ltd.
2007.06.28
3 2004.6.25 4,353,287 0.13 4,614,484 0.13 0 0 - - NA NA NA
Director(Representative)
Chung-HoWu(Note5)
2007.06.28
3 1999.6.1 12,049,600 0.36 12,772,576 0.36 204,704 0.01Chemistry,FuJenCatholicUniversity
DirectorandPresidentofSanShiInv.Corp.:DirectorofTainanSpinningCo.,Ltd.
NA NA NA
Director(Representative)
Chih-HsienLo(Note6)
2007.06.28
3 2007.6.28 2,523,598 0.08 2,675,013 0.08 58,293,342 1.64
ExecutiveVicePresidentofUni-PresidentEnterprisesCorp.MBA,U.C.LA,U.S.A.
(Note9) ChairmanChin-YenKao
Father-inLaw
Supervisor(NaturalPerson)
Kao-KengChen2007.06.28
3 1967.7.1 28,464,576 0.85 30,172,450 0.85 0 0.00
ManagerofTainanSpinningCo.,Ltd.NationalTaipeiUniversityofTechnology
SupervisorofTainanSpinningCo.,Ltd.
ManagerJing-XingChen
Son
Supervisor(JuridicalPersonShareholders)
ChauChihInv.Co.,Ltd.
2007.06.28
3 1998.6.1 8,819,997 0.26 9,349,196 0.26 0 0.00 - - NA NA NA
Supervisor(Representative)
Peng-ChihKuo(Note7)
2007.06.28
3 1999.5.1 1,805 0.00 1,913 0.00 106,136 0.00CivilEngineering,NationalTaiwanUniversity
ChairmanofWisdomFlowerCorp.
NA NA NA
Supervisor(NaturalPerson)
JoeJ.T.Teng 2007.06.28
3 2001.6.1 3,277,058 0.10 3,473,681 0.10 0 0.00MBA,U.C.Berkley,U.S.A.
RepresentativeofMainlandChinaAreaofPresidentCapitalManagementCo.
NA NA NA
Note1:Shareholdingbynomineearrangement:None.
Note2:Directors,supervisorswhohaveeverholdpositionsintheauditor’sagencyoritsaffiliatedcompanies:None.
Note3:RepresentativeofKaoChyuanInv.Co.,Ltd.
Note4:RepresentativeofTaipoInv.Corp.
Note5:RepresentativeofYoungYunInv.Co.,Ltd.
Note6:RepresentativeofChyuanInv.Co.,Ltd.
Note7:RepresentativeofChauChihInv.Co.,Ltd.
Note8:�OnOct.26,2007,directorChing-ChienHouSutransferredmorethan1/2ofthesharessheheldatthetime
shewasbeingelected.AccordingtotheCompanylaw,shewasthereforedismissedthedutyofdirector.
Corporate Governance Report51� Corporate Governance Report51�
Note9:Currentpositionwithothercompany:
Name Current Position with Other Company
Chin-YenKao
Chairmanof:�PresidentChainStoreCorp.,TonYi IndustrialCorp.,TTETUnionCorp.,President
FairDevelopmentCorp.,President InternationalDevelopmentCorp.,ScinoPharm
TaiwanLtd.,ScinoPhamBiochemicalTechnologyCo.,Ltd.,GuangDanCommodity
Corp.,GuangDanCommodityCorp.,Uni-PresidentDevelopmentCorp.,KaoChyuan
Inv.Co.,Ltd.
ManagingDirector:�TainanSpinningCo.,Ltd.,PrinceHousingDevelopmentCorp.
Directorof:�TaChenConstruction&EngineeringCorp.,HanTechVentureCapitalCorp.,Uni-
PresidentChinaHoldingsLtd.(Cayman),PCS(BVI)HoldingsLtd.,PCSC(China)Ltd.,
PCS(Labuan)HoldingsLtd.,PCSC(China)DrugstoreLtd.,PCSC(China)Supermarket
Ltd.,PCSC (China)RestaurantLimited,KaiYu (BVI) InvestmentCo.,Ltd.,Global
StrategicInvestmentInc.、PresidentEnergyDevelopment(CaymanIslands)Ltd.,Uni-
HomeTech.Corp.,CaymanPresidentHoldingsLtd.
Kao-HueiCheng
Chairmanof:�TainanSpinningCo.,Ltd.,NanFanHousingDevelopmentCo.,Ltd.
Directorof:�ScinoPharmTaiwanLtd.,President InternationalDevelopmentCorp.,Southern
TaiwanUniversityofTech.,KengTingEnterprisesCo.,Ltd.,UniversalVentureCapital
InvestmentCorp.,ScinoPhamBiochemicalTechnologyCo.,Ltd.,MingDaEnterprises
Co.,Ltd.,Joyful InvestmentCo.,Ltd.,Uni-PresidentAssetsManagementCo.,Ltd.,
PresidentFairDevelopmentCorp.
Chang-ShengLin
Chairmanof:�President Baseball TeamCorp., PresidentNatural Industrial Corp.,Mospec
SemiconductorCorp.,PresidentPharmaceuticalCorp.,TonYiPharmaceutical
Corp.,PresidentCoffeeCorp.,PresidentTransnetCorp.,Uni-PresidentDepartment
StoreCorp.,Uni-PresidentColdChainCorp.,PresidentLifeSciencesCo.,Ltd.,Tung
LiDevelopmentCorp.,PresidentCollectServiceCo.,Ltd.,KainanPlywood&Wood
Mfg.Co.,Ltd.,Uni-PresidentBiotechnologiesCo.,Ltd.,KaiYuInvestmentCo.,Ltd.,
KaiNan InvestmentCo.,Ltd.,TongYu InvestmentCorp.,TongShou Investment
Corp.,TongChengInvestmentCorp.,TongRenCorp.Limited,PresidentEnterprises
(China)InvestmentCo.,Ltd.,XinjiangPresidentEnterprisesFoodCo.,Ltd.,Tianjiang
PresidentEnterprisesFoodCo.,Ltd.,MeishanPresidentFeed&OilCo.,Ltd.,
ZhongshanPresidentEnterprisesCo.,Ltd.,GuangzhouPresidentEnterprisesCo.,
Ltd.,ZhengzhouPresidentEnterprisesCo.,Ltd.,ChangjiagangPresidentNisshin
FoodCo.,Ltd.,BeijingPresidentEnterprisesDrinks&FoodCo.,Ltd.,Nanchang
PresidentEnterprisesCo.,Ltd.,BeijingPresidentFoodCo.,Ltd.ChengduPresident
EnterprisesFoodCo.,Ltd.,KunshanPresidentEnterprisesFoodCo.,Ltd.,Kunming
PresidentEnterprisesCorpWuhanPresidentEnterprisesFoodCo.,Ltd.,Harbin
PresidentEnterprisesCo.,Ltd.,HefeiPresidentEnterprisesCo.,Ltd.,Shenyang
PresidentEnterprisesCo.,Ltd.,ShanghaiPresident InternationalFoodCo.,Ltd.,
FuzhouPresidentEnterprisesCo.,Ltd.,ShanghaiSongjiangPresidentEnterprises
Co.,Ltd.,GuangzhouPresidentHeathlyFoodTech.Co.,Ltd.,President (Shanghai)
TradingCo.,Ltd.,ShanghaiPresidentCoffeeCo.,Ltd.,PresidentGlobalCorp.,
PresidentCoffee (Cayman)HoldingsLtd.,PresiclercLtd.,Uni-President (Vietnam)
Co.,Ltd.
C.E.O.of:�Uni-PresidentGroup
Corporate Governance Report51� Corporate Governance Report51�
Name Current Position with Other Company
Chang-ShengLin
ViceChairmanof:�PresidentNisshinCorp.,PresidentKikkoman Inc.,ToppolyOptoelectronics
Corp.
Directorof:�PresidentChainStoreCorp.,Nanlien InternationalCorp.,PresidentEntertainment
Corp.,ToneSangConstructionCorp.,ZtongYeeIndustrialCo.,Ltd.,PresicarreCorp.,
TonYiIndustrialCorp.,TTETUnionCorp.,Mech-PresidentCorp.,TaChenConstruction
&EngineeringCorp.,PrinceHousingDevelopmentCorp.,Uni-PresidentDevelopment
Corp.,Tung-HoDevelopmentCorp.,Uni-ResortCorp.,PresidentFairDevelopment
Corp.,PresidentInternationaldevelopmentCorp.,ScinoPharmTaiwanLtd.,President
TokyoCorp.,PresidentTokyoAutoLeasingCorp.,PKVentureCapitalCorp.,Presitex
Co.,Ltd.,ScinoPhamBiochemicalTechnologyCo.,Ltd.,SYNergyScienTechCorp.,
TongTingGasCorp.,TaiwanGenomeScience Inc.,KuanTang IndustrialHarbor
Corp.,KanhNaHsiungEnterpriseCo.,Ltd.,Uni-SplendorCorp.,CenturyQuick
ServiceRestaurantCorp.,UnionChineseCorp.,PresidentDirectMarketingCorp.,
DayehTakashimayaDepartmentStore Inc.,Uni-PresidentAssetsManagementCo.,
Ltd.,ChonggingCarrefourCommercialCo,,Ltd.,Jiafu(Tianjing)InternationalTrading
Co.,Ltd.,KunshanPresidentKikkomanBiotechnologyCo.,Ltd.,WondersunDairy
Corp.,XiangLuIndustrialLtd.,GuangzhouJiaguangSupermarketCo.,Ltd.,ZtongYee
(Tianjin) IndustrialCo.,Uni-PresidentChinaHoldingsLtd.(Cayman),T&TSupermarket
Inc.,KaiNan(BVI)InvestmentCo.,Ltd.,Uni-PresidentSoutheastAsiaHoldingsLtd.,
PresidentInternationalTrade&Investment(BVI)Corp.,PCS(BVI)HoldingsLtd.,PCSC
(China)Ltd.,PCS(Labuan)HoldingsLtd.,PCSC(China)DrugstoreLtd.,PCSC(China)
SupermarketLtd.,PCSC(China)RestaurantLimited,Uni-PresidentAsiaHoldingLtd.,
Uni-PresidentOvenBakery (BVI)Co.,Ltd.,President (BVI) International Investment
HoldingsLtd.,PresidentEnergyDevelopment(CaymanIslands)Ltd.
Presidentof:KaiYuInvestmentCo.,Ltd.,KaiNanInvestmentCo.,Ltd.
Ping-ChihWu
Directorof:�PresidentPharmaceuticalCorp.,TonYiPharmaceuticalCorp.,PresidentGlobalCorp.,
AmeripecInc.
Presidentof:�PresidentGlobalCorp.,AmeripecInc.
Po-MingHou
ViceChairmanof:�TainanSpinningCo.,Ltd.
ManagingDirector:�NantexIndustryCo.,Ltd.
Directorof:�PrinceHousingDevelopmentCorp.,TaChenConstruction&EngineeringCorp.,Nan
FanHousingDevelopmentCo.,Ltd.,PresidentEntertainmentCorp.,QwareSystem&
ServicesCorp.
Presidentof:�TainanSpinningCo.,Ltd.
Corporate Governance Report51� Corporate Governance Report51�
Name Current Position with Other Company
Chih-HsienLo
Chairmanof:�PrescoNetmarketing Inc.,PresidentPackagingCorp.,PresidentMusashinoCorp.,
Uni-PresidentDreamParksCorp.,Uni-OAOTravelServiceCorp.,Xin-YaEnterprises
Corp., Tung-HsiangEnterprisesCorp., Tung-ShunEnterprisesCorp.,Sanshui
jianlibaoCommerceCo.,Ltd.,Uni-PresidentChinaHoldingsLtd. (Cayman),Uni-
President(Thailand)Ltd.,Uni-PresidentFoodsCorp.,Uni-President(Philippines)Corp.
ViceChairmanof:�PresidentEnterprises(China)InvestmentCo.,Ltd.
Directorof:�PresidentChainStoreCorp., TonYi IndustrialCorp.,PresidentBaseball Team
Corp.,Nanlien InternationalCorp., Uni-PresidentColdChainCorp., President
EntertainmentCorp.,TungHoDevelopmentCorp.,Uni-PresidentOrganicsCorp.,
President Fair Development Corp., The Tait Group of Companies, President
InternationalDevelopmentCorp.,Uni-PresidentGlass IndustrialCo., Ltd.,Retail
Support InternationalCorp.,PresidentNisshinCorp.,PresidentKikkoman Inc.,Kai
Yu InvestmentCo.,Ltd.,KaiNan InvestmentCo.,Ltd.,TongYu InvestmentCorp.,
TongShou InvestmentCorp.,TongCheng InvestmentCorp.,Muji (Taiwan)Co.,Ltd.,
PresidentCoffeeCorp.,Uni-PresidentVendorCorp.,KuangChuanDairyCo.,Ltd.,
KuangChuanFoodsCo.,Ltd.,President InvestmentTrustCorp.,CenturyQuick
ServiceRestaurantCorp.,GuangzhouPresidentHealthyFoodTechnologyCo.,Ltd.,
XinjiangPresidentEnterprisesFoodCo.,Ltd.,BeijingPresidentFoodCo.,Ltd.,
WuhanPresidentEnterprisesFoodCo.,Ltd.,KunshanPresidentEnterprisesFood
Co.,Ltd.,KunmingPresidentEnterprisesCorp.,ChengduPresidentEnterprisesFood
Co.,Ltd.,MeishanPresidentFeed&OilCo.,Ltd.,GuangzhouPresidentEnterprises
Co.,Ltd.,ShenyangPresidentEnterprisesCo.,Ltd.,ChangjiagangPresidentNisshin
FoodCo.,Ltd.,QingdaoPresidentFeed&LivestockCo.,Ltd.,HarbinPresident
EnterprisesCo.,Ltd,HefeiPresidentEnterprisesCo.,Ltd.,ShanghaiPresident
InternationalFoodCo.,Ltd.,KunshanPresidentKikkomanBiotechnologyCo.,Ltd.,
BeijingPresidentEnterprisesDrinks&FoodCo.,Ltd.,FuzhouPresidentEnterprises
Co.,Ltd.,NanchangPresidentEnterprisesCo.,Ltd.,Cargill-President (Dongguan)
FeedProteinTechnologyCo.,Ltd.,BeijingPresidentKirinBevergeCo.,Ltd.,President
(Shanghai)TradingCo.,Ltd.,ZhengzhouPresidentEnterprisesCo.,Ltd.,Jinmailang
Beverage(Beijing)Co.,Ltd.,ChancshuPresidentPackagingCo.,Ltd.,YantaiNorth
Andre JuiceCo., Ltd.,Uni-President International (HK)Co., Ltd.,Uni-President
(Vietnam)Co.,Ltd.,PT.ABCPresidentEnterprises Indonesia,Linkhope Intl.LCC.,
CargillPresidentHoldingsPte.Ltd.
Presidentof:�Uni-PresidentEnterprisesCorp.
Supervisorof:�KaoChyuanInv.Corp.
Corporate Governance Report51� Corporate Governance Report51�
B. List of Major Shareholders of UPEC’s Institutional Shareholders Asof12/31/2007
UPEC’s Institutional
Shareholders
Major Shareholders of UPEC’s Institutional Shareholders (Holding
Percentage)
TaipoInv.Corp.
Shiu-ChiWu(2.47%),Chao-MeiWuTseng(8.24%),Ping-ChihWu(20.60%),Ping-Yuan
Wu (20.60%),Chien-TeWu (18.71%),Wei-TeWu (18.71%),Su-MeiHuang (8.88%),
ChangTaInv.Co.,Ltd.(1.41%),Hsin-HsiungChang(0.06%),Ching-MeiWu(0.06%)
KaoChyuanInv.Co.,Ltd.
Chin-YenKao(1.48%),HuanKuoLai (15.86%),Hsiu-LingKao(59.87%),Chih-Hsien
Lo (20.09%),Han-DiLin (0.98%),Tze-YiKao (0.58%),Cheng-HsienKao (0.37%),
Cheng-JungKao(0.19%),Chi-ChengKao(0.19%),Chun-ChenKao(0.01%)
YoungYunInv.Co.,Ltd.
Thun-ChihWu(0.70%),ChinWuWang(0.70%),Chung-ChengWu(23.80%),Chung-
ChienWu(23.80%),Man-HuiWu(8.50%),Pao-HuiWu(8.5%),Chung-HoWu(26.35%),
Mei-HsiangChen(3.40%),Ai-KueiHuang(3.40%),WuChunChiehCharityFundation
(0.85%)
ChauChihInv.Co.Ltd.
Hsien-NuKuoHsu (1.67%),Peng-ChihKuo (1.31%),Chi-FenChang (2.51%),Ying-
ChungLin (2.51%),Jing-ChungKuo(57.18%),Hung-JiKuo(29.85%),Cheng-YiKuo
(2.27%),Cheng-ChunKuo(2.27%),Yu-YingKuo(0.21%),Wei-YuKuo(0.21%)
C. List of Institutional Shareholders of The Major Shareholders
Institutional Shareholders Major Shareholders of the Institutional Shareholders (Holding Percentage)
ChangTaInv.Co.,Ltd.
Shiu-ChiWu(1.01%),Chao-MeiWuTseng(1.01%),Ping-ChihWu(22.73%),Ping-Yuan
Wu (22.73%),Wei-TeWu (22.73%),Chien-TeWu (22.73%),Su-MeiHuang (1.01%),
Shu-NuWu(1.01%),Chonz-HweiHonz(1.01%),Ching-MeiWu(0.5%)
WuChunChiehCharityFunda-
tion
Chin-YenKao(0%),Tsung-LunWu(0%),Man-HuiWu(0%),Chung-ChienWu(0%),Pao-
HuiWu(0%),Chung-HoWu(0%),Lung-HunSun(0%),Tien-MaoLin (0%),Feng-Shan
Wu(0%),Ping-HuangYan(0%)
Corporate Governance Report5�0 Corporate Governance Report5�1
D. Information Regarding Directors and Supervisors (II)
Terms
Name
Five or More Years Experience or
Professional QualificationCriteria (Note)
Number of
Companies
Also Serves as
Independent
Director for
Lecturer
or above in
Business,
Law,
Finance,
Accounting
or
Corporate
Business
Related
Fields
Qualification
of Justice,
Procurator,
Attorney,
CPA,
Specialist or
technician
of National
Examination
in Corporate
Business
Related
Fields
Experience
in Business,
Law,
Finance,
Accounting,
or
Corporate
Business
Related
Fields
1 2 3 4 5 6 7 8 9 10
KaoChyuan
Inv.Co.,Ltd.
(Representative:
Chin-YenKao)
- - - - 0
Kao-HueiCheng - - - - - - - - 0
Chang-ShengLin - - - - - - - 0
TaipoInv.Corp.
(Representative:
Ping-ChihWu)
- - - - - - - 0
Hsiu-JenLiu - - - - - - - 0
Po-MingHou - - - - - - 0
Ying-JenWu - - - - - - - - - - 0
YoungYun
Inv.Co.,Ltd.
(Representative:
Chung-HoWu)
- - - - - - - 0
KaoChyuan
Inv.Co.,Ltd.
(Representative:
Chih-HsienLo)
- - 0
Kao-KengChen - - - - - - - - - - 0
ChauChih
Inv.Co.,Ltd.
(Representative:
Peng-ChihKuo)
- - - - - - - - - 0
JoeJ.T.Teng - - - - - - - - - - 0
Corporate Governance Report5�0 Corporate Governance Report5�1
Note:�Directorsorsupervisors,duringthetwoyearsbeforebeingelectedorduringthetermofoffice,havebeenor
beanyofthefollowing,pleaseticktheappropriatecorrespondingboxes:
1.Notanemployeeofthecompanyoranyofitsaffiliates;
2.Notadirectororsupervisorof thecompanyoranyof itsaffiliates.Thesamedoesnotapply,however, incases
wheretheperson isan independentdirectorof thecompany, itsparentcompanyoranysubsidiary inwhichthe
companyholds,directlyorindirectly,morethan50%ofthevotingshares;
3.Notanatural-personshareholderwhoholdsshares,togetherwiththoseheldbytheperson’sspouse,minorchildren,
orheldbythepersonunderothers’names, inanaggregateamountof1%ormoreof thetotalnumber if issued
sharesofthecompanyorrankinginthetop10inholdings;
4.Notaspouse,relativewithintheseconddegreeofkinship,orlinealrelativewithinthefifthdegreeofkinship,ofany
ofthepersonsintheprecedingthreesubparagraphs;
5.Notadirector,supervisor,oremployeeofacorporateshareholder thatdirectlyholds5%ormoreof the total
numberifissuedsharesofthecompanyorthatholdssharesrankinginthetopfiveinholdings;
6.Notadirector,supervisor,officer,orshareholderholding5%ormoreof theshares,ofaspecifiedcompanyor
institutionthathasafinancialorbusinessrelationshipwiththecompany
7.Notaprofessional individualwho,oranowner,partner,director,supervisor,orofficerofasoleproprietorship,
partnership,company,orinstitutionthat,providescommercial, legal,financial,accountingservicesorconsultation
tothecompanyortoanyaffiliatedofthecompany,oraspousethereof;
8.Nothavingamarital relationship,ora relativewithin theseconddegreeofkinship toanyotherdirectorof the
company;
9.NotbeenapersonofanyconditionsdefinedinArticle30oftheCompanyLaw;and
10.Notagovernmental,juridicalpersonoritsrepresentativeasdefinedinArticle27oftheCompanyLaw.
Corporate Governance Report5�� Corporate Governance Report5��
3.2.2 Information of Management Team Asof12/31/2007
Title Name Date Effective
Shareholding Spouse & Minor Shareholding Education &
Experience (Note2)
Current Position
with Other
Company
Managers are Spouse or within 2 Degrees of
Consanguinity Each Other
Shares % Shares % Title Name Relation
CEO Chang-ShengLin 2003.07.01 31,486,166 0.89% 2,192,418 0.06% ElectricalEngineering,Nat’lChengKungUniv. (Note4) NA NA NA
ViceCEO Lung-YiLin 2007.06.28 1,096,276 0.03% 929,657 0.03% Accounting,Nat’lChengKungUniv. (Note4) NA NA NA
President Chih-HsienLo 2007.06.28 2,675,013 0.08% 58,293,342 1.64% MBA,UCLA,U.S.A. (Note4) Chairman Chin-YenKao
Father-in-law
SeniorVicePresident Chin-TsonChung 2002.03.01 8,319 0.00% 25,295 0.00% Economics,Soochow
University (Note4) NA NA NA
SeniorVicePresident Po-RongYen 2002.03.01 408,075 0.01% 0 0.00% BusinessAdministration,
AletheiaUniversity (Note4) NA NA NA
SeniorVicePresident Hua-YangLee 2002.03.01 0 0.00% 64,809 0.00% TohokuUniv.,Japan (Note4) NA NA NA
SeniorVicePresident Wen-LungYang 2005.01.01 0 0.00% 0 0.00% Sociology,Nat’lChung
HsingUniv. (Note4) NA NA NA
SeniorVicePresident Chih-PengHsieh 2005.01.01 0 0.00% 0 0.00% Economics,Nat’lChung
HsingUniv. (Note4) NA NA NA
VicePresident Chung-SungWu 1997.04.08 0 0.00% 0 0.00% MBA,OklahomaStateUniversity,U.S.A. (Note4) NA NA NA
VicePresident Chien-ChangChen 2000.02.01 0 0.00% 3,380 0.00% Horticulture,Chinese
CultureUniversity (Note4) NA NA NA
VicePresident Tsung-MingSu(Note3) 2000.08.01 0 0.00% 0 0.00% M B A , I o w a S t a t e
University,U.S.A. (Note4) NA NA NA
VicePresident Chien-LiYin(Note3) 2001.12.01 142,240 0.00% 22,510 0.00% Accounting,Nat’lChung
HsingUniv. (Note4) NA NA NA
VicePresident Fu-ShangYang 2002.03.01 171,462 0.00% 46,397 0.00% Chemistry,Nat’lChungHsingUniv. (Note4) NA NA NA
VicePresident Hong-BinLee 2002.03.01 0 0.00% 0 0.00% Economics,FuJenCatholicUniversity (Note4) NA NA NA
VicePresident Long-HongLu 2003.05.01 0 0.00% 1,467 0.00% FoodScience,Nat’lChungHsingUniv. (Note4) NA NA NA
VicePresident IkeuchiChihiro 2004.10.18 0 0.00% 0 0.00%NipponVeterinaryandanimalScienceUniv.,Japan
NA NA NA NA
VicePresident Ying-ThungYu 2005.01.01 0 0.00% 36,898 0.00% BusinessAdministration,TamkangUniversity (Note4) NA NA NA
VicePresident Jui-ShengWang 2005.01.01 0 0.00% 1,380 0.00% BusinessAdministration,SoochowUniversity (Note4) NA NA NA
VicePresident Jui-TienHuang 2005.01.01 29,680 0.00% 0 0.00%
MasterDegreeinMarketing,Nat’lKaohsiungFirstUniv.ofScienceandTech.
(Note4) NA NA NA
VicePresident Chi-ChihTseng 2007.06.28 0 0.00% 0 0.00% FoodScience,Nat’lChungHsingUniv. NA NA NA NA
VicePresident Chun-HuangHuang 2007.06.28 0 0.00% 0 0.00% Banking,Nat’lChengchi
HsingUniv. (Note4) NA NA NA
Note1:Shareholdingbynomineearrangement:None.
Note2:Managerswhohaveeverholdpositionsintheauditor’sagencyoritsaffiliatedcompanies:None.
Note3:OnApr.16,Mr.Tsung-MingSuandMr.Chien-LiYinwereappointedasSeniorVicePresidentsbytheboardof
directors.
Corporate Governance Report5�� Corporate Governance Report5��
Note4:Currentpositionwithothercompany:
Name Current Position with Other Company
Chang-ShengLin
Chairmanof:�President Baseball TeamCorp., PresidentNatural Industrial Corp.,Mospec
SemiconductorCorp.,PresidentPharmaceuticalCorp.,TonYiPharmaceutical
Corp.,PresidentCoffeeCorp.,PresidentTransnetCorp.,Uni-PresidentDepartment
StoreCorp.,Uni-PresidentColdChainCorp.,PresidentLifeSciencesCo.,Ltd.,Tung
LiDevelopmentCorp.,PresidentCollectServiceCo.,Ltd.,KainanPlywood&Wood
Mfg.Co.,Ltd.,Uni-PresidentBiotechnologiesCo.,Ltd.,KaiYuInvestmentCo.,Ltd.,
KaiNan InvestmentCo.,Ltd.,TongYu InvestmentCorp.,TongShou Investment
Corp.,TongChengInvestmentCorp.,TongRenCorp.Limited,PresidentEnterprises
(China)InvestmentCo.,Ltd.,XinjiangPresidentEnterprisesFoodCo.,Ltd.,Tianjiang
PresidentEnterprisesFoodCo.,Ltd.,MeishanPresidentFeed&OilCo.,Ltd.,
ZhongshanPresidentEnterprisesCo.,Ltd.,GuangzhouPresidentEnterprisesCo.,
Ltd.,ZhengzhouPresidentEnterprisesCo.,Ltd.,ChangjiagangPresidentNisshin
FoodCo.,Ltd.,BeijingPresidentEnterprisesDrinks&FoodCo.,Ltd.,Nanchang
PresidentEnterprisesCo.,Ltd.,BeijingPresidentFoodCo.,Ltd.ChengduPresident
EnterprisesFoodCo.,Ltd.,KunshanPresidentEnterprisesFoodCo.,Ltd.,Kunming
PresidentEnterprisesCorpWuhanPresidentEnterprisesFoodCo.,Ltd.,Harbin
PresidentEnterprisesCo.,Ltd.,HefeiPresidentEnterprisesCo.,Ltd.,Shenyang
PresidentEnterprisesCo.,Ltd.,ShanghaiPresident InternationalFoodCo.,Ltd.,
FuzhouPresidentEnterprisesCo.,Ltd.,ShanghaiSongjiangPresidentEnterprises
Co.,Ltd.,GuangzhouPresidentHeathlyFoodTech.Co.,Ltd.,President(Shanghai)
TradingCo.,Ltd.,ShanghaiPresidentCoffeeCo.,Ltd.,PresidentGlobalCorp.,
PresidentCoffee (Cayman)HoldingsLtd.,PresiclercLtd.,Uni-President (Vietnam)
Co.,Ltd.
C.E.O.of:Uni-PresidentGroup
ViceChairmanof:�PresidentNisshinCorp.,PresidentKikkomanInc.,ToppolyOptoelectronicsCorp.
Directorof:PresidentChainStoreCorp.,NanlienInternationalCorp.,PresidentEntertainment
Corp.,ToneSangConstructionCorp.,ZtongYee IndustrialCo.,Ltd.,Presicarre
Corp.,TonYi IndustrialCorp.,TTETUnionCorp.,Mech-PresidentCorp.,TaChen
Construction&EngineeringCorp.,PrinceHousingDevelopmentCorp.,Uni-President
DevelopmentCorp.,Tung-HoDevelopmentCorp.,Uni-ResortCorp.,PresidentFair
DevelopmentCorp.,President InternationaldevelopmentCorp.,ScinoPharmTaiwan
Ltd.,PresidentTokyoCorp.,PresidentTokyoAutoLeasingCorp.,PKVentureCapital
Corp.,PresitexCo.,Ltd.,ScinoPhamBiochemicalTechnologyCo.,Ltd.,SYNergy
ScienTechCorp.,TongTingGasCorp.,TaiwanGenomeScience Inc.,KuanTang
IndustrialHarborCorp.,KanhNaHsiungEnterpriseCo.,Ltd.,Uni-SplendorCorp.,
CenturyQuickServiceRestaurantCorp.,UnionChineseCorp.,PresidentDirect
MarketingCorp.,DayehTakashimayaDepartmentStore Inc.,Uni-PresidentAssets
ManagementCo.,Ltd.,ChonggingCarrefourCommercialCo,,Ltd.,Jiafu (Tianjing)
InternationalTradingCo.,Ltd.,KunshanPresidentKikkomanBiotechnologyCo.,Ltd.,
WondersunDairyCorp.,XiangLu IndustrialLtd.,GuangzhouJiaguangSupermarket
Co., Ltd., ZtongYee (Tianjin) IndustrialCo.,Uni-PresidentChinaHoldingsLtd.
Corporate Governance Report5�� Corporate Governance Report5��
Name Current Position with Other Company
Chang-ShengLin
(continued)
(Cayman),T&TSupermarket Inc. ,KaiNan (BVI) InvestmentCo.,Ltd.,Uni-President
SoutheastAsiaHoldingsLtd.,PresidentInternationalTrade&Investment(BVI)Corp.,
PCS(BVI)HoldingsLtd.,PCSC(China)Ltd.,PCS(Labuan)HoldingsLtd.,PCSC(China)
DrugstoreLtd.,PCSC(China)SupermarketLtd.,PCSC(China)RestaurantLimited,
Uni-PresidentAsiaHoldingLtd.,Uni-PresidentOvenBakery (BVI)Co.,Ltd.,President
(BVI) International InvestmentHoldingsLtd.,PresidentEnergyDevelopment(Cayman
Islands)Ltd.
Presidentof:KaiYuInvestmentCo.,Ltd.,KaiNanInvestmentCo.,Ltd.
Lung-YiLin
Chairmanof:�Uni-PresidentGlass IndustrialCo.,Ltd.,Uni-PresidentOrganicsCorp.,Qingdao
PresidentFeed&LivestockCo.,Ltd.
ViceChairmanof:Uni-President(Vietnam)Co.,Ltd.,PresidentEnterprises(China)InvestmentCo.,Ltd.
Directorof:�PresidentChainStoreCorp.,TonYi IndustrialCorp.,Nanlien InternationalCorp.,
President Entertainment Corp., President Baseball Team Corp., Tone Sang
ConstructionCorp,RetailSupport InternationalCorp.,PresidentNisshinCorp.,
Mech-PresidentCorp.,PrinceHousingDevelopmentCorp.,TaChenConstruction
&EngineeringCorp.,MospecSemiconductorCorp.,TungHoDevelopmentCorp.,
Uni-ResortCorp.,PresidentTokyoCorp.,PresidentTokyoAutoLeasingCorp.,
PresidentKikkoman Inc.,KaiYu InvestmentCo.,Ltd.,PresidentFairDevelopment
Corp.,PresidentInternationalDevelopmentCorp.,PKVentureCapitalCorp.,KaiNan
InvestmentCo.,Ltd.,PresidentTransnetCorp.,Uni-PresidentDevelopmentCorp.,
Uni-PresidentOvenBakeryCorp.,TongYu InvestmentCorp.,TongShou Investment
Corp.,TongCheng InvestmentCorp.,PresitexCo.,Ltd.,Uni-HomeTech.Corp.,
CenturyQuickServiceRestaurantCorp.,PresidentDrugstoreBusinessCorp.,
KainanPlywood&WoodMfg.Co.,Ltd.,Uni-PresidentChinaHoldingsLtd.(Cayman),
XinjiangPresidentEnterprisesFoodCo.,Ltd.,BeijingPresidentFoodCo.,Ltd.,
TianjiangPresidentEnterprisesFoodCo.,Ltd.,MeishanPresidentFeed&OilCo.,
Ltd.,ZhongshanPresidentEnterprisesCo.,Ltd.,GuangzhouPresidentEnterprises
Co.,Ltd.,ZhengzhouPresidentEnterprisesCo.,Ltd.,ChangjiagangPresidentNisshin
FoodCo.,Ltd.,BeijingPresidentEnterprisesDrinks&FoodCo.,Ltd.,Nanchang
PresidentEnterprisesCo.,Ltd.,ChengduPresidentEnterprisesFoodCo.,Ltd.,
KunshanPresidentEnterprisesFoodCo.,Ltd.,KunmingPresidentEnterprisesCorp.,
WuhanPresidentEnterprisesFoodCo.,Ltd.,HarbinPresidentEnterprisesCo.,Ltd,
HefeiPresidentEnterprisesCo.,Ltd.,ShenyangPresidentEnterprisesCo.,Ltd.,
FuzhouPresidentEnterprisesCo.,Ltd.,ShanghaiSongjiangPresidentEnterprises
Co.,Ltd.,Jiafu(Tianjing)InternationalTradingCo.,Ltd.,GuangzhouPresidentHealthy
FoodTechnologyCo.,Ltd.,PresidentCosmedChainStore (ShenZhen)Co,Ltd.,
OutlookInvestmentPteLtd.,PresidentEnergyDevelop.(Cayman)Ltd.
Supervisorof:�PresicarreCorp.,CharngYangDevelopmentCo.,Ltd.,CarrefourStores (Taiwan)
Co.,Ltd.,TonYi IndustrialCorp.,GrandBillsFinanceCorp.,ScinoPharmTaiwan
Inc.,ScinoPharmBiochemicalTechnologyCo.,Ltd.,PresidentCollectServiceCo.
Ltd.,TungLiDevelopmentCorp.,ZtongYeeIndustrialCo.,Ltd.,ZtongYee(Tianjin)
IndustrialCo.,Ltd.
Corporate Governance Report5�� Corporate Governance Report5��
Name Current Position with Other Company
Chih-HsienLo
Chairmanof:�PrescoNetmarketing Inc.,PresidentPackagingCorp.,PresidentMusashinoCorp.,
Uni-PresidentDreamParksCorp.,Uni-OAOTravelServiceCorp.,Xin-YaEnterprises
Corp., Tung-HsiangEnterprisesCorp., Tung-ShunEnterprisesCorp.,Sanshui
jianlibaoCommerceCo.,Ltd.,Uni-PresidentChinaHoldingsLtd. (Cayman),Uni-
President (Thailand)Ltd.,Uni-PresidentFoodsCorp.,Uni-President (Philippines)
Corp.
ViceChairmanof:PresidentEnterprises(China)InvestmentCo.,Ltd.
Directorof:�PresidentChainStoreCorp., TonYi IndustrialCorp.,PresidentBaseball Team
Corp.,Nanlien InternationalCorp.,Uni-PresidentColdChainCorp., President
EntertainmentCorp.,TungHoDevelopmentCorp.,Uni-PresidentOrganicsCorp.,
President Fair Development Corp., The Tait Group of Companies, President
InternationalDevelopmentCorp.,Uni-PresidentGlass IndustrialCo.,Ltd.,Retail
Support InternationalCorp.,PresidentNisshinCorp.,PresidentKikkoman Inc.,Kai
Yu InvestmentCo.,Ltd.,KaiNan InvestmentCo.,Ltd.,TongYu InvestmentCorp.,
TongShouInvestmentCorp.,TongChengInvestmentCorp.,Muji (Taiwan)Co.,Ltd.,
PresidentCoffeeCorp.,Uni-PresidentVendorCorp.,KuangChuanDairyCo.,Ltd.,
KuangChuanFoodsCo.,Ltd.,President InvestmentTrustCorp.,CenturyQuick
ServiceRestaurantCorp.,GuangzhouPresidentHealthyFoodTechnologyCo.,Ltd.,
XinjiangPresidentEnterprisesFoodCo.,Ltd.,BeijingPresidentFoodCo.,Ltd.,
WuhanPresidentEnterprisesFoodCo.,Ltd.,KunshanPresidentEnterprisesFood
Co.,Ltd.,KunmingPresidentEnterprisesCorp.,ChengduPresidentEnterprisesFood
Co.,Ltd.,MeishanPresidentFeed&OilCo.,Ltd.,GuangzhouPresidentEnterprises
Co.,Ltd.,ShenyangPresidentEnterprisesCo.,Ltd.,ChangjiagangPresidentNisshin
FoodCo.,Ltd.,QingdaoPresidentFeed&LivestockCo.,Ltd.,HarbinPresident
EnterprisesCo.,Ltd,HefeiPresidentEnterprisesCo.,Ltd.,ShanghaiPresident
InternationalFoodCo.,Ltd.,KunshanPresidentKikkomanBiotechnologyCo.,Ltd.,
BeijingPresidentEnterprisesDrinks&FoodCo.,Ltd.,FuzhouPresidentEnterprises
Co.,Ltd.,NanchangPresidentEnterprisesCo.,Ltd.,Cargill-President (Dongguan)
FeedProtein TechnologyCo., Ltd., BeijingPresidentKirinBevergeCo., Ltd.,
President (Shanghai)TradingCo.,Ltd.,ZhengzhouPresidentEnterprisesCo.,Ltd.,
JinmailangBeverage(Beijing)Co.,Ltd.,ChancshuPresidentPackagingCo.,Ltd.,
YantaiNorthAndreJuiceCo.,Ltd.,Uni-President International (HK)Co.,Ltd.,Uni-
President(Vietnam)Co.,Ltd.,PT.ABCPresidentEnterprisesIndonesia,LinkhopeIntl.
LCC.,CargillPresidentHoldingsPte.Ltd.
Presidentof:Uni-PresidentEnterprisesCorp.
Supervisorof:KaoChyuanInv.Corp.
Chin-TsonChung
Chairmanof:PresidentFutureCorp.
Directorof:�GrandBillsFinanceCorp.,President InvestmentTrustCorp.,President International
DevelopmentCorp.,SYNnersyScienTechCorp.
Supervisorof:HantechVentureCapitalCorp.
Corporate Governance Report5�� Corporate Governance Report5��
Name Current Position with Other Company
Po-RongYen
Chairmanof:TungHsiangCorp.,TungChuEnterprisesCorp.
Directorof:�Wine-Well InternationalCorp.,Huei-TungEnterpriseCorp.,Kun-FuCorp.,Chao-Tung
EnterprisesCorp.,Huairen InternationalCo.,Ltd.,Nanlien InternationalCorp.,Tung
YuanCorp.,TungAngEnterprisesCorp.,UnionChineseCorp.
Hua-YangLee
Directorof:�President Natural Industrial Corp., President Pharmaceutical Corp., Ton Yi
PharmaceuticalCorp.,President InternationalDevelopmentCorp.,Uni-President
OrganicsCorp.,Uni-PresidentOvenBakeryCorp.,Uni-PresidentBiotechnologiesCo.,
Ltd.,PresidentScinoPharmTechnologyCo.,Ltd.,XinjiangPresident-Scinopharm
TechnologyCo.,Ltd.,ScinoPharmBiochemicalTechnologyCo.,Ltd.,WuhanUni-
PresidentBreadBakeryCo.,Ltd.
Wen-LungYang
Chairmanof:Uni-PresidentVendorCorp.,TungAngEnterprisesCorp.
Directorof:�PresidentChainStoreCorp.,TheTaitGroupofCompanies,PresidentBaseballTeam
Corp.,President InternationalDevelopmentCorp.,Tung-LiEnterprisesCorp.,Mao-
TungCorp.,Tung-HuangEnterprisesCorp.,PresidentEnterprises(China)Investment
Co., Ltd.,Uni-President (Thailand) Ltd.,Uni-PresidentMarketingCo., Ltd.,Uni-
President (Vietnam)Co., Ltd.,PTABCPresidentEnterprises Indonesia,Saigon
BeveragesJointStockCompany.
Supervisorof:�TonYi IndustrialCorp.,Yuan-TaiEnterprisesCorp.,Tung-YiEnterprisesCorp.,Chi
-ChiangCorp.
Chih-PengHsieh
Chairmanof:�TungGuanEnterprisesCo.,Ltd.,TungJun InternationalCorp,PresidnetFuche
(Qingdo)Co.,Ltd.,CargillPresidentHoldingsPte.Ltd.,Cargill-President(Dongguan)
FeedProteinTechnologyCo.,Ltd.
Directorof:�President Securities Corp., President Nisshin Corp., President International
DevelopmentCorp.,PresidentPackagingCorp.,PresidentBaseballTeamCorp.,
SanTongWanfu (Qingdao)FoodCo.,Ltd.,DalianBeiliangLogisticsServicesCo.,
Ltd.,TianjiangPresidentEnterprisesFoodCo.,Ltd.,MeishanPresidentFeed&
OilCo.,Ltd.,ZhongshanPresidentEnterprisesCo.,Ltd.,ChangjiagangPresident
NisshinFoodCo.,Ltd.,PresidentEnterprises (China) InvestmentCo.,Ltd.,Qingdao
PresidentFeed&LivestockCo.,Ltd.,ShanghaiSongjiangPresidentEnterprisesCo.,
Ltd.,SuzhouPresidentPackagingCo.,Ltd.,PCSC(Vietnam)SupermarketLtd.,Uni-
President (Vietnam)Co.,Ltd.,Uni-President (Philippines)Corp.,Uni-PresidentFoods
Corp.,PresidentEnergyDevelopment (Cayman Islands)Ltd.,PTABCPresident
EnterprisesIndonesia.
Supervisorof:TTETUnionCorp.
Chung-SungWu
Chairmanof:Xin-TungCorp.
Directorof:TungChuEnterprisesCorp.,
IndependentDirectorof:HanLinPublishingCo.,Ltd.
Chien-ChangChenChairmanof:TungShenCorp.,MaoTungCorp.
Directorof:TungGuanEnterprisesCo.,Ltd.,TungYuanCorp.,FaTungEnterprisesCorp.
Corporate Governance Report5�� Corporate Governance Report5��
Name Current Position with Other Company
Tsung-MingSu
Directorof:�President InternationalDevelopmentCorp.,Uni-PresidentChinaHoldings Ltd.
(Cayman).
Supervisorof:�GrandBillsFinanceCorp.,Nanlien InternationalCorp.,PrescoNetmarketing Inc.,
PresidentTokyoCorp.,PresidentTokyoAutoLeasingCorp.
Chien-LiYin
Directorof:GrandBillsFinanceCorp.
Supervisorof:�President Chain Store Corp., President Entertainment Corp., Tone Sang
ConstructionCorp.,PresidentNatural IndustrialCorp.,MospecSemiconductor
Corp., President Packaging Corp., President Musashino Corp., President
InvestmentTrustCorp.,KaiYuInvestmentCo.,Ltd.,TungHoDevelopmentCorp.,
Uni-ResortCorp.,President FairDevelopmentCorp.,President International
DevelopmentCorp.,Uni-PresidentOrganicsCorp.,Uni-PresidentDreamParks
Corp.,PresidentLifeSciencesCo.,Ltd.,TheTaitGroupofCompanies,KaiNan
InvestmentCo., Ltd.,PresidentNisshinCorp.,PresidentKikkoman Inc.,Uni-
PresidentGlass IndustrialCo.,Ltd.,Uni-PresidentBiotechnologiesCo.,Ltd.Uni-
PresidentVendorCorp.,CenturyQuickServiceRestaurantCorp.,Uni-OAOTravel
ServiceCorp.,KainanPlywood&WoodMfg.Co.,Ltd.,Tung-HongMediaCorp.,
Uni-PresidentAssetsManagementCo.,Ltd.,ICEArtCorp.
Fu-ShangYangDirectorof:�Uni-PresidentOrganicsCorp.,PresidentMusashinoCorp.,CenturyQuickService
RestaurantCorp.,Uni-President(Vietnam)Co.,Ltd.
Hong-BinLee
Directorof:�Tung-HongMediaCorp.,PresidentBaseballTeamCorp.,Uni-PresidentDreamParks
Corp.,Uni-OAOTravelServiceCorp.,Uni-PresidentInternational(HK)Co.,Ltd.
Presidentof:Uni-PresidentDreamParksCorp.
Long-HongLu
Directorof:�MospecSemiconductorCorp.,Uni-PresidentGlass IndustrialCo.,Ltd.,President
PackagingCorp.,PresidentMusashinoCorp.,Uni-President (Thailand)Ltd.,Uni-
President(Vietnam)Co.,Ltd.,PresidentEnergyDevelop.(Cayman)Ltd.
Ying-ThungYu
Chairmanof:TungYuanCorp.
Directorof:Chuang-ShengEnterprisesCorp.
Presidentof:TungYuanCorp.
Jui-ShengWang
Chairmanof:Tung-HuangEnterprisesCorp.,TungMinTeaCorp,Tung-LienEnterprisesCorp.
ViceChairmanof:KunshanPresidentKikkomanBiotechnologyCo.,Ltd.
Directorof:PresidentKikkomanInc.,TungHsiangCorp.
Supervisorof:Hui-ShengEnterpriseCorp.,TungCheEnterprisesCorp.
Jui-TienHuang
Chairmanof:Cheng-WangCorp.
Directorof:�Uni-PresidentColdChainCorp.,Uni-OAOTravelServiceCorp.,TungAngEnterprises
Corp.,TungHsiangCorp.,Uni-President(Thailand)Ltd.
Supervisorof:Kun-FuCorp.,Chen-YangFoodCorp.,Chang-YuanEnterprisesCorp.
Chun-Huang
Huang
Chairmanof:PresidentInternationalDevelopmentDorp.
Directorof:PresidentBeingCorp.
Corporate Governance Report5�� Corporate Governance Report5��
3.2.3 Remuneration Paid to Directors, Supervisors and ManagersA. Remuneration Paid to Directors
Total Compensation Paid to Directors as % 2007 Net Income (A+B+C)
Total Compensation Paid to Directors as % 2007 Net Income (A+B+C+D+E)
UPEC All investees UPEC All investees
UnderNT$2,000,000Ping-ChihWu,
Chung-HoWu,Chih-HsienLo(Note1)
Ping-ChihWu,Chung-HoWu(Note1)
Ping-ChihWu,Chung-HoWu(Note1) Chung-HoWu(Note1)
NT$2,000,000~NT$5,000,000 Chih-HsienLo(Note1) Chih-HsienLo(Note1)
NT$5,000,000~NT$10,000,000 Chin-YenKao(Note1) Chin-YenKao(Note1) Ping-ChihWu,Chih-HsienLo(Note1)
NT$10,000,000~NT$15,000,000
TaipoInv.Corp.,Hsiu-JenLiu,Po-MingHou,Ying-Jen
Wu,YoungYunInv.Co.,Ltd.,Ching-ChienHouSu
Hsiu-JenLiu,Ying-JenWu,Ching-ChienHouSu
TaipoInv.Corp.,Hsiu-JenLiu,Po-MingHou,
Ying-JenWu,YoungYunInv.Co.,Ltd.,
Ching-ChienHouSu
Hsiu-JenLiu,Ying-JenWu,Ching-ChienHouSu
NT$15,000,000~NT$30,000,000 Kao-HueiCheng,Chang-ShengLin
Kao-HueiCheng,Chang-ShengLin,TaipoInv.
Corp.,Po-MingHou,YoungYunInv.Co.,Ltd.
Kao-HueiCheng,Chang-ShengLin
Chin-YenKao(Note1),Kao-HueiCheng,Po-MingHou,
TaipoInv.Corp.,YoungYunInv.Co.,Ltd.
NT$30,000,000~NT$50,000,000 KaoChyuanInv.Co.,Ltd. KaoChyuanInv.Co.,Ltd.,Chin-YenKao KaoChyuanInv.Co.,Ltd. KaoChyuanInv.Co.,Ltd.,
Chang-ShengLin
NT$50,000,000~NT$100,000,000
OverNT$100,000,000
Title Name
Remuneration Paid to Directors Directors’ Salary, Compensation, and
Allowance (A+B+C) as % 2007 Net Income
Compensation Earned as Employee of UPEC or of UPEC Subsidiary Affiliates Total Compensation Paid to Directors
(A+B+C+D+E) as% 2007 Net Income
OtherCompensation
from Non-SubsidiaryAffiliates
Salary (A)Compensation (B)
(Note 2)Allowance (C)
(Note 3)Salary, Bonus..etc.(D)
(Note 4)Employee Profit Sharing (E) ESOP (F)
UPECConsolidatedSubsidiaries
of UPECUPEC
ConsolidatedSubsidiaries
of UPECUPEC
ConsolidatedSubsidiaries
of UPECUPEC
ConsolidatedSubsidiaries
of UPECUPEC
ConsolidatedSubsidiaries
of UPEC
UPECConsolidatedSubsidiaries
of UPEC UPECConsolidatedSubsidiaries
of UPECUPEC
ConsolidatedSubsidiaries
of UPECCash Stock Cash Stock
Director(JuridicalPersonShareholders)
Kao Chyuan Inv. Co., Ltd.
5.903 26,168 155,300 164,257 9,971 12,011 1.55% 1.35% 9,188 17,420 2,652 0 2,652 0 0 0 1.66% 1.48% 14,284
Chairman Chin-Yen Kao (Note 1)
ManagingDirector
Kao-Huei Cheng
ManagingDirector& CEO
Chang-Sheng Lin
Director(JuridicalPersonShareholders)
Taipo Inv. Corp.
Director Ping-Chih Wu (Note 1)
Director Hsiu-Jen Liu
Director Po-Ming Hou
Director Ying-Jen Wu
Director(JuridicalPersonShareholders)
Young Yun Inv. Co., Ltd.
Director Chung-Ho Wu (Note 1)
DirectorChing-Chien Hou Su (Note 5)
Director & President
Chih-Hsien Lo(Note 1)
Corporate Governance Report5�� Corporate Governance Report5��
Unit:NT$thousands
Title Name
Remuneration Paid to Directors Directors’ Salary, Compensation, and
Allowance (A+B+C) as % 2007 Net Income
Compensation Earned as Employee of UPEC or of UPEC Subsidiary Affiliates Total Compensation Paid to Directors
(A+B+C+D+E) as% 2007 Net Income
OtherCompensation
from Non-SubsidiaryAffiliates
Salary (A)Compensation (B)
(Note 2)Allowance (C)
(Note 3)Salary, Bonus..etc.(D)
(Note 4)Employee Profit Sharing (E) ESOP (F)
UPECConsolidatedSubsidiaries
of UPECUPEC
ConsolidatedSubsidiaries
of UPECUPEC
ConsolidatedSubsidiaries
of UPECUPEC
ConsolidatedSubsidiaries
of UPECUPEC
ConsolidatedSubsidiaries
of UPEC
UPECConsolidatedSubsidiaries
of UPEC UPECConsolidatedSubsidiaries
of UPECUPEC
ConsolidatedSubsidiaries
of UPECCash Stock Cash Stock
Director(JuridicalPersonShareholders)
Kao Chyuan Inv. Co., Ltd.
5.903 26,168 155,300 164,257 9,971 12,011 1.55% 1.35% 9,188 17,420 2,652 0 2,652 0 0 0 1.66% 1.48% 14,284
Chairman Chin-Yen Kao (Note 1)
ManagingDirector
Kao-Huei Cheng
ManagingDirector& CEO
Chang-Sheng Lin
Director(JuridicalPersonShareholders)
Taipo Inv. Corp.
Director Ping-Chih Wu (Note 1)
Director Hsiu-Jen Liu
Director Po-Ming Hou
Director Ying-Jen Wu
Director(JuridicalPersonShareholders)
Young Yun Inv. Co., Ltd.
Director Chung-Ho Wu (Note 1)
DirectorChing-Chien Hou Su (Note 5)
Director & President
Chih-Hsien Lo(Note 1)
Note1:�Mr.Chin-YenKaoandMr.Chih-HsienLoaretherepresentativesofKaoChyuanInv.Co.,Ltd.;Mr.Ping-ChihWu
istherepresentativeofTaipoInv.Corp.;Mr.Chung-HoWuistherepresentativeofYoungYunInv.Co.,Ltd.
Note2:�TheBoardadoptedaproposal for2007compensation toUPEC'sdirectors in theamountofNT$155,300
thousandat itsmeetingonApr.26,2007.Theproposalcompensationwillbeeffectedupontheapprovalof
shareholdersattheAnnualShareholderMeetinginJune,2008.
Note3:�Includesallowancesforcompanycars.TheCompanypaysPresidentTokyoCorp.NTD2,211thousanddollars
torent2sedansfortheuseofchairman.CompensationpaidtocompanydriverstotaledNT$707thousand
dollars.
Note4:�TheCompanypaysPresidentTokyoCorp.NTD1,971thousanddollarstorent2sedansfortheuseofC.E.O.
CompensationpaidtocompanydriverstotaledNT$740thousanddollars.TheCompanypaysPresidentTokyo
Corp.NTD610thousanddollars torent1sedanfor theuseofpresident.Compensationpaid tocompany
driverstotaledNT$809thousanddollars.
Unit:NT$thousands
Corporate Governance Report5�0 Corporate Governance Report5�1
B. Remuneration Paid to Supervisors Unit:NT$thousands
Title Name
Remuneration Paid to Supervisors Directors’ Salary, Compensation, and
Allowance (A+B+C) as % 2006 Net Income
Other Compensation
from Non-Subsidiary Affiliates
Salary (A) Compensation (B)(Note 1) Allowance (C)
UPECConsolidated
Subsidiaries of UPEC
UPECConsolidated
Subsidiaries of UPEC
UPECConsolidated
Subsidiaries of UPEC
UPECConsolidated Subsidiaries
of UPEC
Supervisor Kao-KengChen
0 0 43,006 43,006 720 720 0.40% 0.29% 3,425
Supervisor(JuridicalPersonShareholders)
ChauChihInv.Co.,Ltd.
Supervisor Peng-ChihKuo(Note1)
Supervisor JoeJ.T.Teng
Total Compensation Paid to Directors as % 2007 Net Income (A+B+C)
UPEC All investees
UnderNT$2,000,000 Peng-ChihKuo(Note1) Peng-ChihKuo(Note1)
NT$2,000,000~NT$5,000,000
NT$5,000,000~NT$10,000,000 Kao-KengChen,ChauChihInv.Co.,Ltd., Kao-KengChen,ChauChihInv.Co.,Ltd.,
NT$10,000,000~NT$15,000,000 JoeJ.T.Teng JoeJ.T.Teng
NT$15,000,000~NT$30,000,000
NT$30,000,000~NT$50,000,000
NT$50,000,000~NT$100,000,000
OverNT$100,000,000
Note1:Mr.Peng-ChihKuoistherepresentativeofChauChihInv.Co.,Ltd.
Note2:�TheBoardadoptedaproposal for2007compensationtoUPEC'ssupervisors in theamountofNT$19,895
thousandatitsmeetingonApr.16,2008.Theproposalcompensationwillbeeffectedupontheapprovalof
shareholdersattheAnnualShareholderMeetinginJune,2008.
Corporate Governance Report5�0 Corporate Governance Report5�1
C. Compensation Paid to President and Vice Presidents Unit:NT$thousands
Title Name
Salary Bonus (Note1) Employee Profit Sharing Total CompensationTotal Compensation as % of 2007 Net Income Other
Compensation from Non-Subsidiary Affiliates
UPECConsolidated Subsidiaries
of UPECUPEC
Consolidated Subsidiaries
of UPEC
UPECConsolidated
Subsidiaries of UPEC UPEC
Consolidated Subsidiaries
of UPECUPEC
Consolidated Subsidiaries
of UPECCash Stock Cash Stock
CEO Chang-ShengLin
19,957 19,957 7,630 7,630 7,635 0 7,635 0 0.32% 0.23% 0 0 2,230
ViceCEO Lung-YiLin
President Chih-HsienLo
SeniorVicePresident
Hua-YangLee
SeniorVicePresident
Po-RongYen
SeniorVicePresident
Chin-TsonChung
SeniorVicePresident
Wen-LungYang
SeniorVicePresident
Chih-PengHsieh
Level of Amounts of CompensationTotal Compensation Paid to Directors as % 2007 Net Income (A+B+C)
UPEC All investees
UnderNT$2,000,000
NT$2,000,000~NT$5,000,000
Chih-HsienLo,Hua-YangLee,
Po-RongYen,Chin-TsonChung,
Wen-LungYang,Chih-PengHsieh
Chih-HsienLo,Hua-YangLee,
Po-RongYen,Chin-TsonChung,
Wen-LungYang,Chih-PengHsieh
NT$5,000,000~NT$10,000,000 Chang-ShengLin,Lung-YiLin Chang-ShengLin,Lung-YiLin
NT$10,000,000~NT$15,000,000
NT$15,000,000~NT$30,000,000
NT$30,000,000~NT$50,000,000
NT$50,000,000~NT$100,000,000
OverNT$100,000,000
Note1:�TheCompanypaysPresidentTokyoCorp.NTD5,659thousanddollarstorentsedansfor theuseofCEO,
ViceCEO,PresidentandSeniorVicePresidents.CompensationpaidtocompanydriverstotaledNT$3,156
thousanddollars.
Corporate Governance Report5�� Corporate Governance Report5��
D. Employee Profit Sharing Granted to Management Team in 2007
Title NameProfit Sharing
Stock
Profit Sharing
Cash (NT$
thousands)
Total Profit
Sharing
Value (NT$
thousands)
Total Profit
Sharing
Value to
Management
Team as %
of 2007 Net
Income
CEO Chang-ShengLin
0 15,382 15,382 0.14
ViceCEO Lung-YiLin
President Chih-HsienLo
SeniorVicePresident Hua-YangLee
SeniorVicePresident Po-RongYen
SeniorVicePresident Chin-TsonChung
SeniorVicePresident Wen-LungYang
SeniorVicePresident Chih-PengHsieh
VicePresident Chien-ChangChen
VicePresident Fu-ShangYang
VicePresident Hong-BinLee
VicePresident Chung-SungWu
VicePresident Tsung-MingSu
VicePresident Chien-LiYin
VicePresident Long-HongLu
VicePresident IkeuchiChihiro
VicePresident Ying-ThungYu
VicePresident Jui-ShengWang
VicePresident Jui-TienHuang
VicePresident Chi-ChihTseng
VicePresident Chun-HuangHuang
Corporate Governance Report5�� Corporate Governance Report5��
3.2.4 Comparison of Compensation for Directors, Supervisors and Managers in the Past Two Years and Compensation Policy for Directors, Supervisors and Managers
A. Comparison of Compensation for Directors, Supervisors and Managers in the Past Two Years
Title
2006 2007
Total
Compensation
(consolidated)
Net Income
(consolidated)
Total Compensation
as % of Net Income
Total
Compensation
(consolidated)
Net Income
(consolidated)
Total Compensation
as % of Net Income
Directors 124,236 6,234,548 1.99% 222,508 15,037,668 1.48%
Supervisors 20,615 6,234,548 0.33% 43,726 15,037,668 0.29%
President
&Vice
Presidents
28,914 6,234,548 0.46% 35,222 15,037,668 0.23%
B. Compensation Policy for Directors, Supervisors and Managers(1)Directorsandsupervisorsmustbepaidremuneration for thecorporatebusinessactivities theyperformed.The
remuneration ismeasuredaccording to the levelof importanceandvalueofcontribution fromdirectorsand
supervisorstothecompany,usuallywithanaveragelevel.Also,ifthecompanyhasearnings,accordingtotherules
outlinedinArticle35,remunerationwillbedistributed.
(2)Presidentandvicepresidenttaketheorderfromtheboardofdirectorstomanagebusinessoperation,andtheir
appointment,dispatchandremunerationaregovernedbytheboardofdirectorsaccordingtotherulesinArticle31.
Therewardwhichcompanyofferstotheemployeesfortheservicesrenderedismeasuredbasedontheemployee’
spersonalachievements,contributionmadetothebusinessoperation,andthemarketaverages.
(3)Therewardwhichcompanyofferstotheemployeesfortheservicesrendered ismeasuredbasedonthe levelof
employees’contributionandvaluetothecompany,andthemarketaverages.Ithasapositivecorrelationwiththe
performanceof thecompany'sbusiness. Itmainly includesbasicsalary,bonusandfringebenefits.Basicsalary
isassessedbytakingintoaccountofthemarketaveragesandissuedtotheemployees;thebonusisconsidered
witheachindividualanddivisionalachievementorentirecompany’sperformance;thefringebenefits isplannedin
accordancewiththelawtomeettheneedsofemployees.
Corporate Governance Report5�� Corporate Governance Report5��
3.3.1 Information of Board Meeting OperationBoard meeting were hold 8 times in 2007, attendances of directors and supervisors are as follows:
Title NameAttendance in
Person
Proxy
Attendance
Attendance
Rate (%)Remarks
ChairmanKaoChyuanInv.Co.,Ltd.
(Representative:Chin-YenKao)6 0 100
ManagingDirector Kao-HueiCheng 6 0 100
ManagingDirector Chang-ShengLin 6 0 100
DirectorTaipoInv.Corp.
(Representative:Ping-ChihWu)0 6 0
Director Hsiu-JenLiu 2 4 33.33
Director Po-MingHou 5 1 83.33
Director Ying-JenWu 4 2 66.67
DirectorYoungYunInv.Co.,Ltd.
(Representative:Chung-HoWu)5 1 83.33
Director Ching-ChienHouSu(Note3) 2 2 50
DirectorKaoChyuanInv.Co.,Ltd.
(Representative:Chih-HsienLo)6 0 100
Supervisor Kao-KengChen 5 1 83.33
SupervisorChauChihInv.Co.,Ltd.
(Representative:Peng-ChihKuo)5 1 83.33
Supervisor JoeJ.T.Teng 3 3 50
Note1:TherewerenorescuesofDirectorsduetoconflictsofinterestsin2007.
Note2:MeasurestakentostrengthenthefunctionalityoftheBoard:
(1)OnFeb.5,2008(16thBoardMeeting),wefollowedthe“RegulationsGoverningProcedureforBoardofDirectors
MeetingsforPublicCompanies“byFinancialSupervisoryCommissiontoamendtheGuidelinestoBoardMeeting.
(2)In2007,wehaveredesignedtheCompanywebsiteandstrengthenthefunctionsofinvestor'srelationstoimprove
thetransparencyoftheinformation.
Note3:�OnOct.26,2007,directorChing-ChienHouSutransferredmorethan1/2ofthesharessheheldatthetime
shewasbeingelected.AccordingtotheCompanylaw,shewasthereforedismissedthedutyofdirector.
3.3.2 Information Regarding Audit Committee Operation: Not Applicable.
3.3 Corporate Governance Practices
Corporate Governance Report5�� Corporate Governance Report5��
Item Executions
Reasons for the discrepancy of corporate governance between the company and best-practice principles in TSEC/GTSM Listed
Companies
1.ShareholdingStructureandShareholders’Rights(1)Waysofhandingshareholders’
suggestionsordisputes
(2)TheCompany’spossessionofmajorshareholder’slistandthelistofultimateownersofthesemajorshareholders
(3)RiskmanagementmechanismandfirewallbetweentheCompanyanditsaffiliates
Inadditiontothestockaffairattorneys,theCompanyalsoassignedspokesman,publicaffairdivision,investorrelationdepartmentandstockrepresentativetohandletheissues.
TheCompanykeepstrackofthemajorshareholdersandultimateownersthatlistedbythestockaffairattorneyandperiodicallyreportsthechangesofshareholdingsindirectors,supervisorsandmanagers.
Rulesaremadetostrictlyregulatetheactivitiesoftrading,endorsementandloansbetweentheCompanyanditsaffiliates.Alsowefollowthe“CriteriaofInternalControlMechanismforPublicCompany”outlinedbyFinancialSupervisoryCommissiontodrafttheguidelinesforthe“Supervisionandgovernanceofthesubsidiaries”inordertomaketotalriskcontrolofthesubsidiaries.
ConsistentwiththeCorporateGovernanceBest-PracticePrinciplesforTSEC/GTSMListedCompany
ConsistentwiththeCorporateGovernanceBest-PracticePrinciplesforTSEC/GTSMListedCompany
ConsistentwiththeCorporateGovernanceBest-PracticePrinciplesforTSEC/GTSMListedCompany
2.BoardStructureandResponsibilities(1)IndependentDirectors
(2)Regularevaluationofexternalauditors’independence
Noindependentdirectorsareavailable.
Ouraccountingdivisionconductstheevaluationofexternalauditor’sindependenceonceayearandreportstheresulttotheBoardofDirectors.AllauditorsmustnotbetheCompany’sdirectors,supervisors,stockholders,employeesandstakeholders.
Althoughtheindependentdirectorshavenotbeensetup,theappropriateseatsofdirectorshavebeendecidedbasedonthebusinessscope,majorshareholdings,andoperation.Overthepastyears,theboardhasbeenoperatedandexercisedtheauthoritywiththelaw,thecorporaterules,andtheshareholdermeetingresolution.TheCompany’sdirectorsandlegalrepresentativesaregenerallyproficientandknowledgeable.Sinceoneseatoftheboardhasmetthecriteriaofindependence,itisconsiderednotmandatorytosetuptheindependentdirector.
ConsistentwiththeCorporateGovernanceBest-PracticePrinciplesforTSEC/GTSMListedCompany
3.3.3 Reasons for the Discrepancy of Corporate Governance between the Company and Best-Practice Principles in TSEC/GTSM Listed Companies
Corporate Governance Report5�� Corporate Governance Report5��
Item Executions
Reasons for the discrepancy of corporate governance between the company and best-practice principles in TSEC/GTSM Listed
Companies
3.Thecompositionandresponsibilitiesofsupervisors(1)IndependentSupervisor(s)
(2)Communicationbetweensupervisorsandemployees/shareholders
Noindependentsupervisorsareavailable.
Thesupervisorscancommunicatewithemployeesandstockholdersthroughspokesperson,laborunion,andintheShareholdersMeeting.
Thenumberofsupervisorsisdeterminedinaccordancewiththecorporatelaw,whichsupervisorscanexercisetheauthorityofsupervisionindependently.Henceifindependentsupervisorweresetup,itwillbehardtomakecleardifferentiationwiththeexistingfunctionofothersupervisors.Itisthereforeconsiderednotmandatorytosetupindependentsupervisors.
ConsistentwiththeCorporateGovernanceBest-PracticePrinciplesforTSEC/GTSMListedCompany
4.TheCompany’scommunicationwithitsstakeholders
Relevantdepartments,includinglabourunion,customerservicecenter,purchasing,financingandothers,areavailabletokeepgoodcommunicationwiththeemployees,consumers,suppliersandcreditors.
ConsistentwiththeCorporateGovernanceBest-PracticePrinciplesforTSEC/GTSMListedCompany
5.InformationDisclosure(1)Establishmentofcorporate
websitetodiscloseinformationregardingthecompany’sfinancials,businessandcorporategovernancestatus
(2)Otherinformationdisclosurechannels(e.g.Englishwebsite,assignspecialisttocollectinformationandmakedisclosure,spokesperson,web-castinvestorconference)
Theinformationaboutcompany’sfinancialandcorporategovernanceisavailableatwww.uni-president.com.tw
1.SetupanEnglishwebsite:www.uni-president.com.
2.Assignedrelevantdepartmentstocollectanddisclosecompanyinformation.
3.Currentlywehaveonespokespersonandtwodeputyspokesmen.
4.Discloseinvestorconferences’informationoncorporatewebsite.
ConsistentwiththeCorporateGovernanceBest-PracticePrinciplesforTSEC/GTSMListedCompany
ConsistentwiththeCorporateGovernanceBest-PracticePrinciplesforTSEC/GTSMListedCompany
6.TheoperationoftheauditingcommitteewithintheCompany
Neitherauditingcommitteenorotherrelevantdepartmentsisavailable.
TheauditingtasksarepresentlycarriedoutbytheCompany’ssupervisors,neitherauditcommitteeandotherrelevantdepartmenthasnotbeenestablished.HowevertheCompanyhasdetailedcompleteoperationalguidelineandmanagementforeachdivisiontofollow.Inthefuture,wewillplanthenecessarycommitteeinaccordancewiththelaws.
Corporate Governance Report5�� Corporate Governance Report5��
Item Executions
Reasons for the discrepancy of corporate governance between the company and best-practice principles in TSEC/GTSM Listed
Companies
7.IftheCompanyhasestablishedcorporategovernancepoliciesbasedonTSECorporateGovernanceBest-PracticePrinciples,pleasedescribethediscrepancybetweenthepoliciesandtheirimplementation.
TheCompanyhasnotyetestablishedcorporategovernancepoliciesbasedonTSECorporateGovernanceBestPracticePrinciples.
8.Pleasedescribethecorporatepolicyandmeasuresofsocialcommitmentandimplementationofsocialresponsibilities:PleaserefertoPage99.
9.OtherimportantinformationthatenabletheunderstandingofCompany’scorporategovernancepractices:(1)In2007,allboardmemberswerearrangedtoattendtheadvancedcoursesaccordingtotherelevantlaws.(2)Anysignificantissuesthatrelatetocorporatepolicy,investment,endorsement,loanandfinancingareevaluated
bythedesignatedpartiesandexercisedtheresolutionresultedfromboardmeetings.Moreover,yearlyauditingplanisdraftedbasedontheresultofriskassessedandexecutedinordertoeffectivelycarryoutthesupervisionaswellascontroltherisks.
(3)TheCompanyhasestablishedacustomerservicescentertodealwiththeconsumercomplaintsandprotectconsumerrights.
(4)TheCompanyhaspurchasedD&Oinsuranceforitsdirectorsandsupervisorssinceyear2007.
10.Theresult,materialdeficiency (orsuggestion)and improvementofcorporategovernanceassessedby internalauditorprofessionalinstitutions:None.
Corporate Governance Report5�� Corporate Governance Report5��
3.3.4 Internal Control System Execution Status
A. Statement of Internal Control
StatementofInternalControlSystemDate:Apr.16,2008
TheinternalcontrolsystemfromJanuary1toDecember31,2007,accordingtotheresultofself-assessmentisthusstatedasfollows:1.TheCompanyacknowledges that the implementationandmaintenanceof internalcontrolsystem is the
responsibilityofBoardofDirectorsandmanagement,and theCompanyhasestablishedsuchsystem.The internalcapitalsystemisaimedtoreasonablyassurethat thegoalssuchastheeffectivenessandtheefficiencyofoperations(includingprofitability,performanceandprotectionofassets),thereliabilityoffinancialreportingandthecomplianceofapplicablelawandregulationsareachieved.
2.The internalcontrolsystemhas its innaterestriction.Aneffective internalcontrolsystemcanonlyensuretheforegoingthreegoalsareachieved;nevertheless,duetothechangeofenvironmentandconditions,theeffectivenessof internalcontrolsystemwillbechangedaccordingly.However, the internalcontrolsystemoftheCompanyhasself-monitoringfunctionandtheCompanywilltakecorrectiveactiononceanydefectisidentified.
3.According to theeffective judgment items for the internal control systemspecified in "Highlights forImplementationofEstablishing InternalcontrolSystembyListedCompanies" (hereinafter referred toas"Highlights")promulgatedbySecuritiesandFuturesCommission,MinistryofFinanceR.O.C., theCompanyhasmade judgmentwhetherornot thedesignandexecutionof internalcontrolsystem iseffective.Thejudgmentitemsforinternalcontroladoptedby“Highlights”are,basedontheprocessofmanagementcontrol,forclassifyingthe internalcontrol intofiveelements:1.Controlenvironment;2.Riskassessments;3.Controlactivities;4.Informationandcommunication;and5.Monitoring.Eachelementalsoincludesacertainnumberofitems.Fortheforegoingitems,referto"Highlights".
4.TheCompanyhasadoptedtheaforesaidjudgmentitemsforinternalcontroltoevaluatetheeffectivenessofdesignandexecutionofinternalcontrolsystem.
5.Basedontheabove-mentionedresultofevaluation,theCompanysuggeststhatthe internalcontrolsystem,includingthedesignandexecutionofinternalcontrolrelatingtotheeffectivenessandefficiencyofoperation,thereliabilityoffinancialreporting, thecomplianceofapplicable lawandregulationshasbeeneffectiveandtheycanreasonablyassuretheaforesaidgoalshavebeenachieved.
6.Thisstatementwillbe themaincontent forannual reportandprospectusandwillbedisclosedpublicly. Iftheabovecontentshaveanyfalsehoodandconcealment,itwillinvolveintheliabilityasmentionedinArticle20,32,171and174ofSecuritiesandExchangeLaw.
7.Thisstatementhasbeenapprovedby themeetingofBoardofDirectorsonApril16,2008,and those9directorsinpresenceallagreeatthecontentsofthisstatement.
Uni-PresidentEnterpriseCorporation
Chairman:Chin-YenKao
President:Chih-HsienLo
B. The Securities & Futures Bureau did not request the Company to commission an independent auditor to audit its internal control system in 2007.
Corporate Governance Report5�� Corporate Governance Report5��
3.3.5 Regulatory Authorities’ Legal Penalties to the Company, and the Company’s Resulting Punishment on Its Employees: None.
3.3.6 Major Resolutions of Shareholders Meeting and Board of Directors Meeting
A. Major resolutions of 2007 General Shareholders Meeting Onegeneralshareholdermeetingwasconvenedwithin2007fiscalyearandtothepublishdateoftheannualreport.
2007GeneralShareholdersMeetingwasheldonJune28,2007andtheresolutionsaresummarizedbelow.
(1)Acceptanceof2006BusinessReportandFinancialStatements.
(2)Approvedthedistributionofretainedearningsforyear2006.
Totalearningsavailable fordistribution isNTD4,556,680,035, includingafter-taxnet income in2006ofNTD
3,607,081,371,unappropriatedretainedearningsofNTD80,340,052,andreversalofspecial reserveofNTD
1,229,966,749.Theallocationissummarizedbelow.
1RemunerationtoDirectorsandSupervisors:NTD89,526,800.
2BonustoEmployees:NTD296,127,892.
3DividendstoCommonShare:NT$1.2pershare includingcashdividendNT$0.6pershareandstockdividend
NT$0.6pershare,totalingNTD4,024,950,960.
4Unappropriatedretainedearnings:NTD146,074,383.
(3)ApprovedtheadditionalindirectinvestmentsinMainlandChina.
1PresidentEnterprises (China) InvestmentCo.,Ltd.acquiredBeijingPresidentFoodCo.,Ltd.,BeijingPresident
EnterprisesDrinks&FoodCo.,Ltd.andFuzhouPresidentEnterprisesCo.,Ltd.atUSD3.12million,USD5
millionandUSD10millionrespectively.
2CaymanPresidentHoldingsLtd.acquiredChengdeChengluFoodsCo.,Ltd.andGaoqi(Xian)JuiceHoldingsCo.,
Ltd.atUSD2.5millioneach.
(4)Approved the issuanceofnewshares forcapital increaseoutofearnings: Issue201,247,548newshares for
capitalincreaseoutoftheunappropriatedretainedearningsofNTD2,012,475,480.
(5)Approvalofamendmentsto“ProceduresforAcquisitionorDisposalofAsset”.
(6)ApprovalofamendmentstopartsofArticlesofIncorporation.
(7)Approvalofthedeletionofnon-competitionpromiseoncompany’sdirectors.
B. Executions of the Resolutions of 2007 General Shareholders Meeting (1)Acceptanceofyear2006financialstatements:Allrelatedfinancialinformationhasbeenreportedtothegovernment
accordingtocompanylaw.
(2)Approvedthedistributionofretainedearningsforyear2006:CashdividendofNT$0.6persharewasdistributed
onSeptember7,2007andstockdividendofNT$0.6persharewasdistributedonOctober9,2007
(3)AcceptanceofadditionalindirectinvestmentsinMainlandChina:BesidesCaymanPresidentHoldingsLtd.,whichdid
notinvestChengdeChengluFoodsCo.,Ltd.andGaoqi(Xian)JuiceHoldingsCo.,Ltd.PresidentEnterprises(China)
InvestmentCo.,Ltd.hascompletedtheproceduresofacquiringthethreecompanies.
(4)Discussthe issuanceofnewsharesforcapital increaseoutofearnings:Executed.Therecordeddate isseton
August23,2007.
Corporate Governance Report5�0 Corporate Governance Report5�1
(5)Discussionofamendmentson“PoliciesforAcquisitionandDisposalofAsset”:Effectivefromthedateofresolutions
atgeneralshareholdersmeeting.
(6)Discussionofamendments topartofArticlesof Incorporation:Effective fromthedateofresolutionsatgeneral
shareholdersmeeting.TheCompanyalsoreportedittotheMinistryofEconomicAffairswithin15days.
(7)Discussionofthedeletionofnon-competitionpromiseoncompany’sdirectors:Effectivefromthedateofresolutions
atgeneralshareholdersmeeting.
C. Major Resolutions during the Board of Directors Meetings in 2007 and to the Publish Date of the Annual Report
Tenboardmeetingswereconvened in2007calendaryearandtothepublishdateof theannual report.Themajor
resolutionsaresummarizedbelow.
2007.02.07 (19th Board Meeting)
1.Approvedacquisitionof1,447thousandcommonsharesofPresidentChainStoreCorp.atNTD107,789,000.
2.Approvedacquisitionof20,000thousandcommonsharesofPresidentInternationalDevelopmentCorp.
3.ApproveddisposalofourtotalsharesofAllianzPresidentLifeInsuranceCo.,Ltd.forNTD362,502,000.
4.Approvedacquisitionof31.84%sharesofSaiGonBeveragesJoint-StockCompanyatNTD890,822,000indirectly
andobtaintheoptiontoacquire17.91%shareholdings.
5.ApprovalofdisposingtheobligationclaimagainstthereorganizationofWeiLihFoodCorp.withNTD628,985,000
throughU-FuAssetManagementCorp.
6.ApprovalofadditionalinvestmentinKunmigPresidentEnterprisesCo.,Ltd.withregisteredcapitalofUSD10million.
7.Approvalofacquiring2millionsharesofSaiGonBeveragesJoint-StockCompanybyUni-President (Vietnam)Co.,
Ltd.atNTD140million.
8.ApprovalofobtainingloansfromMegaInternationalCommercialBankandBankofTaiwan.
2007.03.09 (20th Board Meeting)
1.Approvalofthedateandvenueof2007GeneralShareholders’Meeting
2.Approvalofthedateandvenueofthe14thelectionofdirectorsandsupervisors.
3.Approvalofregulatingrelatedproceduresforhandlingshareholders’proposals.
4.ApprovedtheapplicationofPresidentEnterprises(China)InvestmentCo.,Ltd.asourMainlandChina’sheadquarter.
5.ApprovedthenegotiationwithNissinHualongFoodCo.,Ltd.andHebeiJinmailangPaperProductsCo.,Ltd.about
theacquisitionofshares.Uni-President (China)EnterpriseCorp.willsignthe initialagreementwith themandpay
RMB300millionaccordingtothetermsstatedintheagreement.
6.ApprovalofamendmenttoArticle4-1,Article22-1andArticle38ofIncorporation.
7.Approvalofthedeletionofnon-competitionpromiseoncompany’sdirectors.
8.AmendthetitleofBoardMeetingRegulationto“RegulationGoverningtheProcedureofBoardofDirectorsMeeting”.
9.Approvalofamendmentstotheregulationgoverningtheacquisitionordispositionofassets.
10.ApprovedthebankfinanceguaranteeforCaymanPresidentHoldingsLtd.,KaiNan(BVI)InvestmentCo.,Ltd.and
Uni-PresidentSoutheastAsiaHoldingLtd.
2007.04.26 (21st Board Meeting)
1.Approvedbusinessreportsandfinancialstatementsofyear2006.
2.ApprovedamendmenttoArticle18,Article35andArticle38ofCompanyIncorporation.
Corporate Governance Report5�0 Corporate Governance Report5�1
3.ApprovalofadditionalinvestmentofUSD6millioninBeijingPresidentFoodCo.,Ltd.
4.Approveddistributionofearningsforyear2006.
5.Approvedthestatementofinternalcontrolsystemforyear2006.
6.ApprovedestablishmentofasubsidiaryinIndiabyaquaticbusinessdivision.
7.IncreasemaximumamountofguaranteeandendorsementtoNTD260millionforPresidentEntertainmentCorp.
8.ProvidemaximumamountofUSD2millionofguaranteeandendorsementtoUni-President International (HK)Co.,
Ltd.
9.Approvedloansfromeightbanks(i.e.MegaInternationalCommercialBank).
10.ApprovedtheguaranteeforCaymanPresidentHoldingsLtd.,KaiYuinvestmentCo.,Ltd.,Uni-President(Philippines)
Corp.andPT.ABCPresidentIndonesia.
Major Resolutions of Board Meetings (14th Term)
2007.06.28 (1st Board Meeting)
1.ApprovedtheelectionofChin-YenKuo,Kao-HueiCheng,andChang-ShengLinasManagingDirectorsin14thterm.
2007.06.28 (1st Meeting of Managing Directors)
1.ApprovedtheelectionofChin-YenKuoastheChairmanin14thterm.
2007.06.28 (2nd Board Meeting)
1.AppointChang-ShengLinasCEO,andLung-YiLinasViceCEO.
2.AppointChih-Hsien,LoasournewGeneralManagerupontheexpirationofpresidentLung-YiLin’sthree-yearterms.
3.Approvedthe18candidatesofmanagersnominatedbyGeneralManager.
4.ApprovedadditionalinvestmentofNTD976millionintoTungHoDevelopmentCorp.
5.ApprovedadditionalinvestmentofNTD90millionintoUni-PresidentDepartmentStoreCorp.
6.ChangeindependentauditorsfromMr.Ming-HsienLee&Mr.Tzu-MengLioutoMr.Ming-HsienLee&Mrs.Tzu-YuLin
foritsinternaljobrotationrequestedbyPWCsincesecondhalfyearof2007.
7.Approvedindirectacquisitionof199,290thousandshares(11.02%shareholding)ofYantaiNorthAndrejuicecorp.
throughUni-PresidentAsiaHoldingsLtd.atUSD19,638,252.Thecompanythereforeholds70%sharesofDonghua
FruitIndustryCo.,Ltd.
8.Authorizethechairmanthefullpowertosettherecorddateofdistributionofcashdividendandrationedsharesfor
year2007.
9.ApprovedadditionalinvestmentofNTD280millioninKaiNanInvestmentCo.,Ltd.
10.ApprovedthebankfinanceguaranteeforUni-President(Thailand)Corp..
11.Approvedloansfromfivebanks.
12.Approvedtheissuanceoffirstdomesticunsecuredconvertiblecorporatebond.
2007.07.20 (3rd Board Meeting)
1.AuthorizethefinancialdepartmenttobuyorsellthesecuritiesinTSEandOTCMarketsattheappropriatetime.
2.AuthorizethechairmantohandletheacquisitionofsharesofTaitMarketing&DistributionCorp.
3.Approved toattend the tender foradditional investment inChouChin IndustrialCo.,Ltd.,andauthorized the
chairmantodecide the tenderprice.Thechairmanorassignedrepresentative isalsoauthorizedtodiscuss the
relatedcontractsordocumentsanddealwithrequiredproceduresaccordingtothetenderdocuments.
Corporate Governance Report5�� Corporate Governance Report5��
2007.08.27 (4th Board Meeting)
1.Acceptanceoffinancialstatementsforfirsthalfyearof2007.
2.Acceptanceofacquiring13.81%sharesofQ-wareCommunicationsCo.,Ltd.
3.Acceptanceofacquiring0.13%sharesofTaiwanAerospaceCorp.and1.11%sharesofSinoSwearingenAircraft
Corp.
4.IncreaseinvestmentofNTD27,805,050inMech-PresidentCorp.
5.ApprovalofanextensionperiodofthepublictenderofferssharesofTaitMarketing&DistributionCorporation.
6.Approved terminationof indirectstockownershipof11.02%shareholdingsofYantaiNorthAndre juiceCorp.
throughstockownershipof70%ofDonghuaFruitIndustryCo.,Ltd.byUni-PresidentAsiaHoldingsLtd.
7.Signed“LetterofSupport”forUni-PresidentSoutheastAsiaHoldingLtd.onsyndicatedloansatmaximumUSD80
millionandapprovedtheguaranteebyCaymanPresidentHoldingsLtd.
8.IncreasethemaximumamountofguaranteeandendorsementtoTHB850millionforUni-President(Thailand)Ltd.
9.ApprovalofobtainingtheloansfromsevenbanksincludingLandBankofTaiwan.
10.ApprovedthebankfinanceguaranteeforCaymanPresidentHoldingsLtd.,KaiNan(BVI)InvestmentCo.,Ltd.,Kai
YuinvestmentCo.,Ltd.,andUni-Presidentinternational(HK)Co.,Ltd.
11.Approvalofinternalauditingprocedure,revisedinternalcontrolsystemandtheauditingproposalofyear2007.
12.Authorizethemanagingdirector,Chang-ShangLin,toexaminetheinternalauditingreport.
2007.12.20 (5th Board Meeting)
1.Acceptanceofthefinancialstatementsforthefirsthalfyear2007.
2.Approvalofdisposing8,792thousandcommonsharesofMospecSemiconductorCorp.forNTD448,440,450.
3.ProvidemaximumamountofRMB60millionofendorsementandguaranteetoMeishanPresidentFeed&OilCo.,
Ltd.
4.ProvidemaximumamountofRMB200millionofendorsementandguaranteetoZhongshanPresidentEnterprises
Co.,Ltd.at.
5.ProvidemaximumamountofNTD1,250millionofendorsementandguaranteetoTungHoDevelopmentCorp.
6.ProvidemaximumamountofNTD30millionofendorsementandguaranteetoHankyuDepartmentStoresforUni-
PresidentDepartmentStoreCorp.
7.ApprovedfurthercashinvestmentofPHP250millionintoUni-President(Philippines)Corp.
8.ApprovedfurthercashinvestmentofTHB150millionintoUni-President(Thailand)Corp.
9.Approvedinternalauditingproposalofyear2008.
10.ApprovalofloansfromeightbanksincludingFirstBank.
11.ApprovalofprovidingendorsementandguaranteetoCaymanPresidentHoldingsLtd.,Uni-PresidentSoutheastAsia
HoldingsLtd.,Kai-YuInvestmentCo.,Ltd.,KaiNanInvestmentCo.,Ltd.,ShanghaiSongjiangPresidentEnterprises
Co.,Ltd.,TianjiangPresidentEnterprisesFoodCo.,Ltd.,MeishanPresidentFeed&OilCo.,Ltd.andZhongshan
PresidentEnterprisesCo.,Ltd.
2008.02.05 (6th Board Meeting)
1.Acceptanceofdisposing4,000thousandcommonsharesofMospecSemiconductorCorp.forNTD164,962,450.
2.AcceptanceofadditionalcashinvestmentofNTD300millionintoUni-PresidentDevelopmentCorp.
3.Approvedthetimeof2007generalshareholdersmeetingat9amonJune27,2008.
4.Approvedtherelatedoperatingproceduresforshareholderproposalright.
Corporate Governance Report5�� Corporate Governance Report5��
5.Amendarticle17,article23andarticle38ofthecompanyincorporation.
6.Approvedcapital increaseofUSD88,460thousand inPresidentEnterprises (China) InvestmentCo.,Ltd. through
indirectinvestment;andamongwhich,USD65millionwasreinvestedintosubsidiariesinChina.
7.Approvalof increasingguaranteesfromNTD4.5billiontoRMB1billionbyZhongshanPresidentEnterprisesCo.,
Ltd.toothers.
8.ApprovedthelimitNTD1.5billionofsharesofconvertiblebondsinthecompany’schangeregistrationform.
9.ApprovedfurthercashinvestmentofUSD4,466.7thousandintoPTABCPresidentEnterprisesIndonesia.
10.Approvedtherenewaloftwobanksloans,TaiwanBusinessBankandBankofTaiwan.
11.ApprovedfurthercashinvestmentofUSD49millionintoCaymanPresidentHoldingsLtd.
12.Approvaloftheregulationforauditingtheaffiliatedenterprises.
13.Approvedtheamendmentofcompany’sregulationgoverningtheprocedureforboardofdirectorsmeeting
2008.04.16 (7th Board Meeting)
1.Approveddispositionof3,336thousandcommonsharesofMospecSemiconductorCorp,atNTD116,474,850.
2.ApprovedadditionalcashinvestmentofNTD39millionintoUni-PresidentDreamParksCorp.
3.Approvalofacquiring718 thousandcommonsharesofScinoPharmTaiwanLtd.atNTD15,437 thousand to
increaseshareholdingto12.8%.
4.Approvalofacquiring56 thousandcommonsharesofGuangDanCommodityCorp.atNTD560 thousand to
increaseshareholdingto12.13%.
5.AcceptanceofchangeofCPA.(RequiredbyPricewaterhouseCoopers)
6.Acceptanceofbusinessreportandfinancialstatementsforyear2007.
7.Approvedthedistributionofretainedearningsforyear2007.
8.Approvedtheevaluationofexternalauditor’sindependence.
9.ApprovalofprovidingguaranteeforCaymanPresidentHoldingsLtd.andZtongYee(Tianjin)IndustrialCorp.
10.Approvedadditionalcash investmentofUSD120million intoPresidentEnterprises (China) InvestmentCo.,Ltd.
investedbyUni-PresidentAsiaHoldingsLtd.andthen increases investment inUni-PresidentChinaHoldingsLtd.,
andthenreinvestsothersubsidiariesinChina.
11.ApprovalofprovidingendorsementandguaranteetoKai-YuInvestmentCo.,Ltd.,Kai-Yu(BVI)InvestmentCo.,Ltd.,
CaymanPresidentHoldingsLtd.
12.Approvedbankloanandrenewalfrom14banksincludingHwaNanBank.
13.Approvedthestatementofinternalcontrolsystemforyear2007.
14.Amendtheresolutionof13thboardmeetingabouttheinvestmentstructureofGaoqi(Xian)JuiceHoldingCo.,Ltd.
15.Amendthe13thboardmeetingresolutionabouttheinvestmentstructureofChengdeChengluFoodsCo.,Ltd.to
beinvestedbyGreaterChinaF&BCapitalPartnerLtd.withUSD1,250thousand.
16.Amend13thboardmeetingresolutionabouttheinvestmentstructureofChengdeChengluFoodsCo.,Ltd.tobe
investedbyGreaterChinaF&BInvestmentHolding.
17.Approvedthefinancingoptionof issuanceofGDRorcashinvestment,privateplacementofcommonstocksand
privateconvertiblebondstomeetthefuturecapitalneeded.
Corporate Governance Report5�� Corporate Governance Report5��
3.3.7 Directors’ or Supervisor’s Objections on the Important Resolutions of Board Meetings: None.
3.3.8 Information of Resignation or Dismission of the Persons Related to Financial Reports
UponthetermexpiredofpresidentonJune27,2007,Mr.Lung-YiLinwasappointedasViceCEObytheboardof
directors.
3.4 Auditing Notes3.4.1 Disclosure of Auditing FeeA.Theamountofnon-auditingrelevant feeschargedbytheappointed independentauditorsandtherelatedparties
reaches25%oftheCompany’sannualauditingexpenses:NotApplicable.
B.IfthereisanychangeintheappointedindependentauditorsandtheCompany’sannualauditingexpensesdecreased
simultaneously, informationregardingtheamount,percentageandreasonsfor thedecrease inauditingexpenses
shallbedisclosed:NotApplicable.
C.Auditingexpensesdecreasedby15% incomparison to thepreviousyear, information regarding theamount,
percentageandreasonforthedecreaseinauditingexpensesshallbedisclosed:NotApplicable.
3.4.2 Changes in Independent AuditorsTheCompanydidnotreplaceitsindependentauditorduring2006,2007andasofApril30,2008.
3.4.3 The Company’s chairman, president, CFO or Accounting division director have not worked in the accounting firm of the appointed independent auditors or the related parties within the past year.
Corporate Governance Report5�� Corporate Governance Report5��
Title Name
2007 As of Apr. 30, 2008
Holding Increase
(Decrease)
Pledged Holding Increase
(Decrease)
Holding Increase
(Decrease)
Pledged Holding Increase
(Decrease)
Director(JuridicalPersonShareholders)
KaoChyuanInv.Co.,Ltd. 8,636,661 (1,900,000) 0 7,700,000
Chairman(Representative) Chin-YenKao(Note1) 6,027 0 (26,000) 0
ManagingDirector Kao-HueiCheng 1,212,063 0 0 0
ManagingDirector&CEO
Chang-ShengLin 1,782,235 0 0 0
Director(JuridicalPersonShareholders)
TaipoInv.Corp. 1,081,962 0 (770,000) 0
Director(Representative) Ping-ChihWu(Note1) 664,705 (6,250,000) (395,000) 0
Director Po-MingHou 5,233,109 0 0 0
Director Hsiu-JenLiu 3,124,542 0 0 0
Director Ying-JenWu 220,640 0 0 0
Director(JuridicalPersonShareholders)
YoungYunInv.Co.,Ltd. 261,197 0 0 0
Director(Representative) Chung-HoWu(Note1) 722,976 0 0 0
DirectorChing-ChienHouSu(dismissedonOct.26,2007)
(27,509) 0 0 0
Director(Representative)&President Chih-HsienLo(Note1) 151,415 0 (26,000) 0
Supervisor Kao-KengChen 1,707,874 0 (4,500,000) 0
Supervisor(JuridicalPersonShareholders)
ChauChihInv.Co.,Ltd. 529,199 (1,400,000) 0 0
Supervisor(Representative) Peng-ChihKuo(Note1) (678,892) 0 0 0
Supervisor JoeJ.T.Teng 196,623 0 0 0
ViceCEO Lung-YiLin(Note2) 62,053 0 70,000
SeniorVicePresident Hua-YangLee 0 0 0 0
SeniorVicePresident Po-RongYen (14,638) 0 0 0
SeniorVicePresident Chin-TsonChung 470 0 0 0
SeniorVicePresident Chih-PengHsieh 0 0 0 0
SeniorVicePresident Wen-LungYang 0 0 0 0
VicePresident Qian-ChangChen 0 0 0 0
3.5 Changes in Shareholding of Directors, Supervisors, Managers and Major Shareholders
Unit:Share
Corporate Governance Report5�� Corporate Governance Report5��
Title Name
2007 As of Apr. 30, 2008
Holding Increase
(Decrease)
Pledged Holding Increase
(Decrease)
Holding Increase
(Decrease)
Pledged Holding Increase
(Decrease)
VicePresident Fu-ShangYang (28,031) 0 0 0
VicePresident Hong-BinLee 0 0 0 0
VicePresident Chung-SungWu 0 0 0 0
VicePresident Tsung-MingSu 0 0 0 0
VicePresident Chien-LiYin 8,051 0 0 0
VicePresident Long-HongLu 0 0 0 0
VicePresident IkeuchiChihiro 0 0 0 0
VicePresident Jui-ShengWang 0 0 0 0
VicePresident Jui-TienHuang 1,680 0 0 0
VicePresident Ying-ThungYu 0 0 0 0
VicePresident Chi-ChihTseng 0 0 0 0
VicePresident Chun-HuangHuang 0 0 0 0
Note1:�Mr.Chin-YenKaoandMr.Chih-HsienLoaretherepresentativesofKaoChyuanInv.Co.,Ltd.;Mr.Ping-ChihWu
istherepresentativeofTaipoInvestmentCorp.;Mr.Chung-HoWuistherepresentativeofYoungYunInv.Co.,
Ltd.;Mr.Peng-ChihKuoistherepresentativeofChauChihInv.Co.,Ltd.
Note2:�UponthetermexpiredofpresidentonJune27,2007,Mr.Lung-YiLinwasappointedasViceCEObythe
boardofdirectors.
3.5.1 Shares Trade with Related Party
NameReason of
Transfer
Date of
TransactionTransferee
Relationship between
Transferee and Directors,
Supervisors, Managers and
Major Shareholders
Shares
Price of
Transaction
(NTD)
Chih-HsienLo Grant 2008.03.11 Shi-AiLo Daughter 26,000 44.00
3.5.2 Shares Pledge with Related Party: None.
Corporate Governance Report5�� Corporate Governance Report5��
Asof12/31/2007
NameShareholding Spouse & Minor
Shareholding
by Nominee
Arrangement
The relationship between
any of the Company’s
Top Ten Share holdersRemarks
Shares % Shares % Shares % Name Relation
KaoChyuanInv.Co.,Ltd. 152,581,020 4.29 0 0 0 0 Hsiu-LingKao Director
KaoChyuanInv.Co.,Ltd.
(Representative:Chin-Yen
Kao)
106,487 0.003 217,050 0.006 0 0 Hsiu-LingKao Daughter
Po-YiHou 96,773,737 2.72 14,023 0.00039 0 0Po-MingHou Brother
Po-YuHou Brother
Po-MingHou 92,451,607 2.60 0 0 0 0Po-YiHou Brother
Po-YuHou Brother
Po-YuHou 80,666,502 2.27 0 0 0 0Po-YiHou Brother
Po-MingHou Brother
Hsiu-LingKao 58,110,202 1.63 2,858,153 0.08 0 0
KaoChyuan
Inv.Co.,Ltd.
(Representative:
Chin-YenKao)
Father
Hsiu-JenLiu 55,200,251 1.55 0 0 0 0 NA NA
MitsubishiCorporation 54,825,194 1.54 0 0 0 0 NA NA
BNPParibasArbitrage
S.N.C.54,426,320 1.53 0 0 0 0 NA NA
ArisaigGreaterChina
FundLimited50,901,200 1.43 0 0 0 0 NA NA
Pictet&CIE 40,737,920 1.15 0 0 0 0 NA NA
3.6 Information Disclosing the Relationship between any of the Company’s Top Ten Shareholders
Corporate Governance Report5�� Corporate Governance Report5��
Asof12/31/2007
Investees
Investments by the
Company
Investments from
Directors, Supervisors,
Managers, and Directly
or Indirectly Controlled
Businesses
Total Investments
Shares % Shares % Shares %
PresidentGlobalCorp. 500,000 100.00 0 0.00 500,000 100.00
PresidentInternationalTrade&
InvestmentCorp.45,012,200 100.00 0 0.00 45,012,200 100.00
PresidentBaseballTeamCorp. 30,000 100.00 0 0.00 30,000 100.00
ToneSangConstructionCorp. 27,000,000 100.00 0 0.00 27,000,000 100.00
KaiYuInvestmentCo.,Ltd. 432,205,428 100.00 0 0.00 432,205,428 100.00
CaymanPresidentHoldings
Ltd.156,136,000 100.00 0 0.00 156,136,000 100.00
TungYuanCorp. 19,800,000 100.00 0 0.00 19,800,000 100.00
PrescoNetmarketingInc. 6,500,000 100.00 0 0.00 6,500,000 100.00
Uni-PresidentDreamParks
Corp.6,000,000 100.00 0 0.00 6,000,000 100.00
KaiNanInvestmentCo.,Ltd. 379,301,362 100.00 0 0.00 379,301,362 100.00
Uni-PresidentGlassIndustrial
Co.,Ltd.36,000,000 100.00 0 0.00 36,000,000 100.00
Uni-PresidentVendorCorp. 25,000,000 100.00 0 0.00 25,000,000 100.00
PresidentEntertainmentCorp. 98,885,256 61.80 61,114,744 38.20 160,000,000 100.00
Uni-PresidentOrganicsCorp. 2,833,333 56.67 2,166,667 43.33 5,000,000 100.00
PresidentFairDevelopment
Corp.364,500,000 40.50 535,500,000 59.50 900,000,000 100.00
Uni-PresidentOvenBakery
Corp.11,600,000 40.00 17,400,000 60.00 29,000,000 100.00
Uni-PresidentDepartment
StoreCorp.24,000,000 30.00 56,000,000 70.00 80,000,000 100.00
Uni-PresidentColdChainCorp. 6,521,090 20.00 26,084,362 80.00 32,605,452 100.00
NanlienInternationalCorp. 99,999,380 99.99 0 0.00 99,999,380 99.99
TungHoDevelopmentCo.,
Ltd.96,394,731 71.40 37,653,417 27.89 134,048,148 99.29
PresidentMusashinoCorp. 26,145,000 50.00 20,916,000 40.00 47,061,000 90.00
PresidentTransnetCorp. 20,000,000 20.00 70,000,000 70.00 90,000,000 90.00
PresidentInformationCorp. 8,970,166 30.00 16,744,310 56.00 25,714,476 86.00
Mech-PresidentCorp. 15,549,287 20.27 48,698,536 63.47 64,247,823 83.74
PresidentNaturalIndustrial
Corp.8,981,998 74.85 0 0.00 8,981,998 74.85
PresidentInternational
DevelopmentCorp937,500,000 62.50 151,890,000 10.13 1,089,390,000 72.63
Uni-PresidentDevelopment
Corp.30,000,000 30.00 40,000,000 40.00 70,000,000 70.00
3.7 Total Percentage of Ownership of Investees
Corporate Governance Report5�� Corporate Governance Report5��
Investees
Investments by the
Company
Investments from
Directors, Supervisors,
Managers, and Directly
or Indirectly Controlled
Businesses
Total Investments
Shares % Shares % Shares %
RetailSupportInternational
Corp.4,000,000 20.00 9,000,000 45.00 13,000,000 65.00
TonYiPharmaceuticalCorp. 51,000 51.00 10,000 10.00 61,000 61.00
BankProE-ServiceTechnology
Cor675,000 5.00 7,200,000 53.33 7,875,000 58.33
QwareSystem&Services
Corp.13,599,500 28.27 11,492,103 23.89 25,091,603 52.16
PresidentNisshinCorp. 6,120,000 51.00 0 0.00 6,120,000 51.00
PresidentTokyoCorp. 10,200,000 51.00 0 0.00 10,200,000 51.00
Muji(Taiwan)Co.,Ltd 1,000,000 10.00 4,100,000 41.00 5,100,000 51.00
PresidentPackagingCorp. 15,317,531 50.59 0 0.00 15,317,531 50.59
PresidentAsianEnterprises
Inc.(Preferred)540 49.95 1 0.10 541 50.05
PresidentAsianEnterprises
Inc.(Common)3,180 49.99 1 0.02 3,181 50.01
PresidentKikkomanInc. 6,000,000 50.00 0 0.00 6,000,000 50.00
Uni-PresidentBiotechnologies
Co.,Ltd.1,750,000 50.00 0 0.00 1,750,000 50.00
PresidentCoffeeCorp. 6,209,280 20.00 9,313,920 30.00 15,523,200 50.00
TonYiIndustrialCorp. 685,102,310 45.55 57,393,833 3.82 742,496,143 49.37
PresidentChainStoreCorp. 415,489,816 45.40 3,945,372 0.43 419,435,188 45.83
PresicarreCorp. 93,292,904 20.50 88,740,016 19.50 182,032,920 40.00
TTETUnionCorp. 47,991,477 30.00 12,242,245 7.65 60,233,722 37.65
PresidentSecuritiesCorp. 312,584,866 26.56 92,200,683 7.84 404,785,549 34.40
EagleColdStorageEnterprise
Co.,Ltd.40,886,710 34.23 0 0.00 40,886,710 34.23
KuangChuanDairyCo.,Ltd. 30,037,710 31.25 0 0.00 30,037,710 31.25
QwareInc. 9,875,060 13.81 8,444,805 11.82 18,319,865 25.63
ScinoPharmTaiwanLtd. 69,793,595 12.67 54,695,418 9.92 124,489,013 22.59
PrinceHousingDevelopment
Corp.97,172,909 10.45 105,715,557 11.37 202,888,466 21.82
ZtongYeeIndustrialCo.,Ltd. 18,042,400 20.00 0 0.00 18,042,400 20.00
TheTaitGroupofCompanies 32,248,000 19.50 95,000 0.06 32,343,000 19.56
MospecSemiconductorCorp. 14,788,777 17.89 28,553 0.04 14,817,330 17.93
GrandBillsCorp. 78,219,035 14.46 17,038,475 3.15 95,257,510 17.61
PresidentInvestmentTrust
Corp.480,000 1.60 3,822,000 12.74 4,302,000 14.34
Corporate Governance Report5�0 Capital Overview5�1
Investees
Investments by the
Company
Investments from
Directors, Supervisors,
Managers, and Directly
or Indirectly Controlled
Businesses
Total Investments
Shares % Shares % Shares %
TheChinesePro.Baseball
Corp.6,000 14.29 0 0.00 6,000 14.29
PKVentureCapitalCorp. 10,000,000 6.67 10,000,000 6.66 20,000,000 13.33
GuangDanCommodityCorp 1,156,944 11.57 0 0.00 1,156,944 11.57
Hi-LifeInternationalCo.,Ltd. 13,750,831 7.41 0 0.00 13,750,831 7.41
KaohsiungRapidTransitCorp. 20,000,000 2.00 40,000,000 4.00 60,000,000 6.00
CDIB&PartnersInvestment
HoldingCorp.27,000,000 2.48 27,000,000 2.47 54,000,000 4.95
KuangChuanFoodsCo.,Ltd. 22,440 3.96 0 0.00 22,440 3.96
UniversalVentureCapital
InvestmentCorp.3,800,000 3.16 0 0.00 3,800,000 3.16
HantechVentureCapitalCorp. 3,759,852 2.84 98,945 0.07 3,858,797 2.91
Sino-AerospaceInvestment
Corp.828,476 1.11 828,476 1.11 1,656,952 2.22
OverseasInvestment&
DevelopmentCorp.1,000,000 1.11 0 0.00 1,000,000 1.11
TaiwanAerospaceCorp. 172,574 0.13 172,574 0.12 345,148 0.25