| The Audit Committee assists the Board in carrying out its financial oversight
responsibilities and other duties as set forth in the Company Act, the Securities and Exchange Act,
and other applicable laws and regulations. Matters required to be reviewed by the Audit Committee
include the Company’s financial reports; auditing and accounting policies and procedures; internal
control systems; material asset or derivatives transactions; offering or issuance of any equity-type
securities; hiring or dismissal of an attesting CPA, or the compensation given thereto; and
appointment or discharge of financial, accounting, or internal auditing officers.
TSMC’s Audit Committee is empowered by its Charter to conduct any study or investigation
it deems appropriate to fulfill its responsibilities. It has direct access to TSMC's internal
auditors, the Company's independent auditors, and all employees of the Company. The Committee
is authorized to retain and oversee special legal, accounting, or other consultants as it deems
appropriate to fulfill its mandate.
The Committee was comprised of all three independent directors
and had engaged a financial expert consultant. The Committee
meets at least four times a year. Please consult TSMC’s
Taiwan Annual Report for the relevant year for the number
of regular and special meetings convened.
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Investor Relations
(non-voting)