Stakeholder Identification and Communications

Stakeholders are affected by the company’s activities, products and services and they will also affect the ability of the company in the execution of strategies or in achieving its goals. Hence, CyberTAN Technology cares about communication with its stakeholders and we follow the five principles of the AA1000 Stakeholder Engagement Standard (SES): influence, attention, responsibility, reliability, and diverse perspectives. We have also referenced the stakeholders identified by industry peers in the selection of important stakeholders. There were five major categories of stakeholders being identified, namely, the customers, shareholders/investors, employees/job seekers, suppliers, and competent authorities. Several types of communication methods and stakeholder engagement were devised based on the nature, topics of concerns and the objectives of the communications with different stakeholders. The situations of the communications with them are reported to the Board of Directors each year on a regular basis.