The Compensation Committee is responsible for the compensation policies, standards, structure, and compensation levels in view of the performance of the directors, supervisors, and key managers. Performance and compensation policies are viewed and submitted to the board for further discussions.
The members of the Compensation Committee are appointed by the Board as required by law. According to Sincere Navigation Corporation’s Compensation Committee Charter, the committee consists of a convener and 3 other members, or 4 members in total.
| Title | Name | Selected Education & Past Positions | Number of holding a concurrent post of The Compensation Committe in other companies |
| Convener | Lee, Yen-Sung | Master, Accounting, Soochow University 17th President of Certified Public Accountant R.O.C. Deputy Territory Senior Partner of Pricewaterhouse Coopers, Taiwan Lecturer, Dept. Accounting, College of Management National Taiwan University | 3 |
| Committee | Cheng, Fu-Kwok | Senior Advisor to the Global Shipping Head of CA CIB Honorary Chairman and Director of Credit Agricole Asia Shipfinance Limited Managing Director and Head of Credit Agricole CIB Ship Finance Asia Pacific Area Honorary Treasurer of the Hong Kong Maritime Museum Member of the Maritime and Port Board (MPB) and Chairman of the Promotion and External Relations Committee under MPB | 0 |
| Committee | Tseng, Kuo-Cheng | Master, Naval Architecture of National Taiwan University President, CSBC Corporation, Taiwan Chairman, CSBC-DEME Wind Engineering Co. Ltd. Chairman & President, High Tien Offshore Co., Ltd. Director, Asia Renewable Energy (Cayman) Ltd | 0 |
| Committee | Koo, Tse-Hau | B.S., Business Administration of Boston University Executive Director, Valles Steamship Company Limited Chairman, Hong Kong Shipowner Association | 0 |