The new employees of Novatek will receive common regulations, technical procedures, professional training and other compulsory courses since their first day of work. Each new employee will be assigned a mentor to provide work guidance and help him/her familiarize with the organizational culture, working environment, etc. After the new employee passes the probation-period evaluation, the corresponding supervisor will assign work and set the performance evaluation plan according to each individual’s conditions as well as the needs of the team, and provide on-job-training as well as off-job-training to help the employee achieve annual performance goals and career development. Through the annual performance evaluation and personal development plan, Novatek evaluates the development potential of employees and their suitability for higher professional or management positions. Subsequently, the Company will provide learning resources corresponding to the cultivation of talents at all levels, laying the foundation for the potential talents required for the sustainable development of the organization.

To cultivate and develop supervisors and potential leaders at all levels, Novatek has launched various learning and development courses for management at all levels through the Academy of Leadership Management based on leadership competencies, including organizational strategy leadership for middle and senior management, and team leadership learning courses for supervisors. In 2023, a total of 23 leadership development courses were launched, with a total of 82 training hours and 780 participants.

Through a diverse and friendly learning experience, Novatek provided a total of 530 diverse in-person and online courses in 2023, with a total of 65,053 employee enrollments. The average training hours per employee was 34.4 hours (including e-learning), up 5% from the previous year. Based on the competencies, a series of professional training courses were planned to not only enrich employees' professional knowledge and skills but also to achieve the goals and tasks assigned by the Company. This also helped employees to explore and develop themselves, accept challenges, strengthen their professional skills, and enhance their competitiveness.

Novatek has implemented an exclusive mentoring system to help new employees familiarize themselves with the workplace from the first day of work, so that they will not be at a loss. In addition, the comprehensive and complete training courses allow new employees not only to contribute their strengths, but also to continue to grow while working at Novatek. Novatek attaches great importance to the adaptability of new employees after joining the Company, and whether their roles in the job meet the expectations. According to the statistics from 2024, the retention rate of new employees within the first 3 years was about 89.07%, and retention within the first year was 95.97%.

Since 2022, Novatek Microelectronics has been working closely with multiple professors on campuses to nurture future talent for the semiconductor industry. Through these courses, graduate students in electrical engineering and computer science gain deeper insights into the practical application of their expertise in the industry, as well as the latest technological trends and challenges. Through classroom interaction and technical exchanges, students continually strengthen their professional capabilities and gain a better understanding of the industry ecosystem, encouraging them to join the IC design field and fulfilling the company’s ESG commitments and objectives. In 2024, Novatek expanded the scale of its industry-academia collaboration, partnering with four universities and several professors to jointly offer six industry-cooperative courses.

To review the status of employee development within the Company, as well las their performance and achievements at work, Novatek implements an employee performance management system. Every employee is required to participate in performance evaluation for the current year, regardless of their gender, age, and job category.

Through a planned education and training as well as performance evaluation process, suitable targets for promotion are identified. To enable talented people to achieve better career development within the Company and to assume more important responsibilities, Novatek has formulated the “Regulations for Occupation Level, Position and Title”, and the “Regulations for Promotion”. Based on employees’ performance, achievements and years of experience, submissions can be made by department heads. After they have received the approval of the President, promotions are made. Besides increase of salary, employees who have been approved for promotion will also be given promotion gifts to encourage their efforts and contributions to the Company. In addition, those outstanding personnel who demonstrate excellent work performance and management capabilities, based on the Company’s organizational and management needs, shall be granted management positions, thus enabling all employees to adapt their talents to the Company’s needs.