WOTE(SZ:002886) Zheng Quan Zhi Xing·2025-08-01 16:35Core Viewpoint - The document outlines the management system for the resignation of directors and senior management at Shenzhen Water New Materials Co., Ltd, ensuring operational stability and protecting shareholder rights [1]. Group 1: Resignation Procedures - The system applies to all directors and senior management resignations, including term expiration, voluntary resignation, dismissal, and other circumstances leading to actual departure [1]. - Directors can resign before their term ends by submitting a written resignation report to the board, which becomes effective upon delivery [2]. - The board must disclose the resignation details within two trading days after receiving the resignation report [2]. Group 2: Dismissal Conditions - Directors can be dismissed for violating laws, regulations, or company rules, with the dismissal effective upon the shareholders' meeting resolution [2]. - Senior management can be dismissed under similar conditions, with the decision requiring a majority vote from the board [3]. - The company must notify the affected director or senior management before the meeting and allow them to defend themselves [3]. Group 3: Transition and Responsibilities - Departing directors and senior management must ensure a smooth transition by handing over all relevant documents and ongoing tasks to their successors [4]. - The company will review all public commitments made by the departing individuals during their tenure [4]. - Departing individuals are still required to fulfill any uncompleted commitments and the company will monitor compliance [5]. Group 4: Ongoing Obligations - The obligations of loyalty and confidentiality continue after the end of their term, with responsibilities not being terminated by resignation [5]. - The company retains the right to pursue legal action against former directors or senior management for any violations during their tenure [5]. - Departing individuals must not interfere with the company's operations or harm the interests of the company and its shareholders [6]. Group 5: Additional Provisions - Any unresolved issues related to legal disputes or business matters must be actively managed by departing individuals [6]. - The board is responsible for interpreting and amending this management system [6]. - The system becomes effective upon approval by the board [6].