III. CORPORATE GOVERNANCE Information · Corporate Overivew5 Corporate Governance Report5 III. CORPORATE GOVERNANCE REPORT 10 3.1 Corporate Organization 14 3.2 Directors’, Supervisors’

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


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


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


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


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


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


Shares % Shares % Shares % Title Name Relation


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


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


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


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.


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



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.



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.


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%)


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


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


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


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


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


Note1:Shareholdingbynomineearrangement：None.

Note2:Managerswhohaveeverholdpositionsintheauditor’sagencyoritsaffiliatedcompanies：None.

Note3:OnApr.16,Mr.Tsung-MingSuandMr.Chien-LiYinwereappointedasSeniorVicePresidentsbytheboardof

directors.


Note4:Currentpositionwithothercompany：


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


PresidentEnterprisesCo.,Ltd.,BeijingPresidentFoodCo.,Ltd.ChengduPresident

EnterprisesFoodCo.,Ltd.,KunshanPresidentEnterprisesFoodCo.,Ltd.,Kunming

PresidentEnterprisesCorpWuhanPresidentEnterprisesFoodCo.,Ltd.,Harbin

PresidentEnterprisesCo.,Ltd.,HefeiPresidentEnterprisesCo.,Ltd.,Shenyang

PresidentEnterprisesCo.,Ltd.,ShanghaiPresident InternationalFoodCo.,Ltd.,


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.



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),


TianjiangPresidentEnterprisesFoodCo.,Ltd.,MeishanPresidentFeed&OilCo.,

Ltd.,ZhongshanPresidentEnterprisesCo.,Ltd.,GuangzhouPresidentEnterprises

Co.,Ltd.,ZhengzhouPresidentEnterprisesCo.,Ltd.,ChangjiagangPresidentNisshin


PresidentEnterprisesCo.,Ltd.,ChengduPresidentEnterprisesFoodCo.,Ltd.,

KunshanPresidentEnterprisesFoodCo.,Ltd.,KunmingPresidentEnterprisesCorp.,

WuhanPresidentEnterprisesFoodCo.,Ltd.,HarbinPresidentEnterprisesCo.,Ltd,

HefeiPresidentEnterprisesCo.,Ltd.,ShenyangPresidentEnterprisesCo.,Ltd.,


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.



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.,


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.



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.



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.


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


of UPECUPEC


of UPECUPEC


of UPEC


of UPEC UPECConsolidatedSubsidiaries

of UPECUPEC


of UPECCash Stock Cash Stock


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


Taipo Inv. Corp.

Director Ping-Chih Wu (Note 1)

Director Hsiu-Jen Liu

Director Po-Ming Hou

Director Ying-Jen Wu


Young Yun Inv. Co., Ltd.

Director Chung-Ho Wu (Note 1)

DirectorChing-Chien Hou Su (Note 5)

Director & President

Chih-Hsien Lo(Note 1)


Unit:NT$thousands

Title Name

Remuneration Paid to Directors Directors’ Salary, Compensation, and


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)


of UPECUPEC


of UPECUPEC


of UPECUPEC


of UPECUPEC


of UPEC


of UPEC UPECConsolidatedSubsidiaries

of UPECUPEC




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


Taipo Inv. Corp.

Director Ping-Chih Wu (Note 1)

Director Hsiu-Jen Liu

Director Po-Ming Hou

Director Ying-Jen Wu


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


B. Remuneration Paid to Supervisors Unit:NT$thousands

Title Name

Remuneration Paid to Supervisors Directors’ Salary, Compensation, and


Other Compensation

from Non-Subsidiary Affiliates

Salary (A) Compensation (B)(Note 1) Allowance (C)

UPECConsolidated

Subsidiaries of UPEC

UPECConsolidated


UPECConsolidated


UPECConsolidated Subsidiaries

of UPEC

Supervisor Kao-KengChen

0 0 43,006 43,006 720 720 0.40% 0.29% 3,425


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.


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


of UPECUPEC



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.


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


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.


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


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



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.


3.3.3 Reasons for the Discrepancy of Corporate Governance between the Company and Best-Practice Principles in TSEC/GTSM Listed Companies


Item Executions


Companies

3.Thecompositionandresponsibilitiesofsupervisors(1)IndependentSupervisor(s)

(2)Communicationbetweensupervisorsandemployees/shareholders

Noindependentsupervisorsareavailable.

Thesupervisorscancommunicatewithemployeesandstockholdersthroughspokesperson,laborunion,andintheShareholdersMeeting.

Thenumberofsupervisorsisdeterminedinaccordancewiththecorporatelaw,whichsupervisorscanexercisetheauthorityofsupervisionindependently.Henceifindependentsupervisorweresetup,itwillbehardtomakecleardifferentiationwiththeexistingfunctionofothersupervisors.Itisthereforeconsiderednotmandatorytosetupindependentsupervisors.


4.TheCompany’scommunicationwithitsstakeholders

Relevantdepartments,includinglabourunion,customerservicecenter,purchasing,financingandothers,areavailabletokeepgoodcommunicationwiththeemployees,consumers,suppliersandcreditors.


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.



6.TheoperationoftheauditingcommitteewithintheCompany

Neitherauditingcommitteenorotherrelevantdepartmentsisavailable.

TheauditingtasksarepresentlycarriedoutbytheCompany’ssupervisors,neitherauditcommitteeandotherrelevantdepartmenthasnotbeenestablished.HowevertheCompanyhasdetailedcompleteoperationalguidelineandmanagementforeachdivisiontofollow.Inthefuture,wewillplanthenecessarycommitteeinaccordancewiththelaws.


Item Executions


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.


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.


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.


(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.


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.


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.



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.


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.


1.Acceptanceofdisposing4,000thousandcommonsharesofMospecSemiconductorCorp.forNTD164,962,450.

2.AcceptanceofadditionalcashinvestmentofNTD300millionintoUni-PresidentDevelopmentCorp.

3.Approvedthetimeof2007generalshareholdersmeetingat9amonJune27,2008.

4.Approvedtherelatedoperatingproceduresforshareholderproposalright.


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


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.


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.


Title Name

2007 As of Apr. 30, 2008

Holding Increase

(Decrease)

Pledged Holding Increase

(Decrease)

Holding Increase

(Decrease)


(Decrease)


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


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


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


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


Title Name

2007 As of Apr. 30, 2008

Holding Increase

(Decrease)


(Decrease)

Holding Increase

(Decrease)


(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.


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


(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


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


Investees

Investments by the

Company

Investments from




Businesses

Total Investments


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




Businesses

Total Investments


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

Documents

III. CORPORATE GOVERNANCE Information · Corporate Overivew5 Corporate Governance Report5 III. CORPORATE GOVERNANCE REPORT 10 3.1 Corporate Organization 14 3.2 Directors’, Supervisors’