Risk is an unexpected event, measured in terms of likelihood and consequences, that may adversely affect Nuvoton’s operations or the achievement of Nuvoton’s objectives.

Nuvoton’s Risk Management Policy Includes:

• Nuvoton’s commitment to applying risk management practices throughout the organisation;
• Nuvoton’s objectives in managing corporate risks;
• Nuvoton’s commitment to world best practice and continuous improvement
  
  

To Achieve This Nuvoton Will:

• Allocate adequate resources,
• Coordinate risk management initiatives;
• Establish and implement standard procedures;
• Monitor and review periodically risk management procedures and make appropriate modifications;
• Enhance the risk management culture at all levels of Nuvoton;
• Effectively communicate with stakeholders internally and externally, including the board;
• Comply with all relevant regulations

This policy will be reviewed and revised by management periodically