Internal audit organization and operation

GMT has established an internal audit unit subordinate to the Board of Directors, operating in accordance with the company's size, business operations, management needs, and other relevant laws and regulations. GMT has a dedicated internal audit manager and audit agents; the appointment and removal of the internal audit manager is subject to the approval of the Audit Committee and a resolution passed by the Board of Directors. The appointment, performance evaluation, and remuneration of internal audit personnel are handled in accordance with the company's Corporate Governance Practices and Internal Audit Implementation Rules.

Audit work is primarily carried out in accordance with the annual audit plan approved by the board of directors. This plan is formulated based on the risks identified by each business unit, and special audits are conducted as needed. By combining the results of general audits and special audits, the audit unit can continuously assess the effectiveness of the internal control system and provide management with timely information on the operation of controls to help identify potential or actual deficiencies and risks, thereby strengthening governance effectiveness.