YAPP(SH:603013) Zheng Quan Zhi Xing·2025-07-15 08:20General Principles - The management system for the departure of directors and senior management aims to enhance governance stability and protect shareholder rights, based on relevant laws and regulations [1] - The system applies to all directors and senior management of the company, covering both normal and abnormal departures [1] Normal Departure Circumstances - Normal departures include reasons such as term expiration, reaching retirement age, personal reasons, voluntary resignation, or other legally defined circumstances [2] Abnormal Departure Circumstances - Abnormal departures include being dismissed by the shareholders' meeting or board, judicial measures, loss of civil capacity, death, significant legal violations causing company losses, or other abnormal reasons [2] Departure Procedures - Directors and senior management can resign before their term ends by submitting a written resignation report, which must include the reason for resignation [3] - The company must disclose the resignation details within two trading days of receiving the resignation report [3] Responsibilities and Obligations - Departing directors and senior management must complete all handover procedures and remain bound by their fiduciary duties and confidentiality obligations even after their term ends [5] - The company retains the right to pursue accountability for any violations of commitments or damages to the company’s interests during their tenure [5] Shareholding Restrictions - Departing directors and senior management are prohibited from reducing their shareholdings within six months after leaving the company [5] Implementation and Amendments - The system will be implemented upon approval by the company's board and will be revised as necessary [6]