No.

Action Procedure and Control Points Reference

FA-01 Acquisition of Working Procedure:

assets
1. To purchase assets shall submit a recommendation to MGT with FIN’s comments 1. Recommendation
for approval. 2. Evergreen
2. When acquiring assets such as machinery, office buildings, official vehicles, Shipping Agency
office equipment, dormitories, etc., the lease contract shall be identified to Perú SAC.
determine whether it is a right-of-use asset. Acquisition or
3. SUP Department collects quotations from three different suppliers for price Disposition of
comparison purpose. If it is a computer device, it needs to be evaluated by EIC Assets Processing
TPE/Computer Department before proceeding. Procedures

4. The acquisition of assets is subject to the resolution of the board of directors in 3. Evergreen Marine
accordance with the “Evergreen Shipping Agency Perú SAC. Acquisition or Co. (Taiwan) Ltd.
Disposition of Assets Processing Procedures”, the acquisition should be carried - Acquisition or
out after getting the approval from the board of directors. Disposition of
Asset Processing
5. When the assets are acquired, they should be checked. After the acceptance, the
Procedures
assets data need to be registered in Excel File and then the assets will be handed
over to the user. 4. Accounting
system
6. The amount of the right-of-use assets or the purchased assets reaches the
announcement criteria of “EMC (Taiwan) Ltd. - Acquisition or Disposition of 5. Insurance policy
Asset Processing Procedures”, company shall provide relevant information to
EMC TPE / Finance department to proceed the announcement on its behalf.
7. After receiving the invoice from supplier, should attach a copy of the
Recommendation and the Finance Department for review and accounting.
8. The purchased assets are insured by the insurance company.

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No. Action Procedure and Control Points Reference

Control Points:
8. Multirisk
1. Acquisition of assets should be approved by MGT or the resolution of the Board of Insurance
Directors.
2. Upon acquisition, each new fixed asset is immediately registered into Fixed Assets
Management System.
3. The cost of the asset is in compliance with the accounting system
4. The depreciation of assets and the number of years of durability are in compliance
with the regulations.
5. The purchased assets are insured by the insurance company.
6. When acquiring assets by lease, the lease contract shall be identified to determine
whether it is a right-of-use asset.
7. Acquisition of assets is subject to the resolutions of the board of directors, the
acquisition should be carried out after getting the approval from the board of
directors.
8. The relevant information is provided to EMC TPE / Finance Department to release
an announcement, once the amount of the acquired assets reaches the level that
should be announced.

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