Equitable Treatment of Shareholders
Rights to Propose the Names of Individuals to be elected as Directors.
The Board of Directors has resolved to allow the shareholders to propose any person to be nominated as directors, such candidates must meet all the qualifications laid down by the Company and must give their consent to the nominations. The Nomination and Compensation Committee will then proceed according to the Company’s procedures to nominate, to screen and select the proposed candidates before submit to the Board of Directors for further consideration. The names approved by the Board of Directors shall then be included as candidates in the agenda on the election of directors at the following meeting. For those proposed candidates who were not approved by the Board of Directors, the Company will notify the shareholders together with rationale on its website or through other appropriate communication channels.