Core Viewpoint - The establishment of the Compensation and Assessment Committee aims to enhance the governance structure of Guangxi Greentown Water Group Co., Ltd. by developing a comprehensive assessment and compensation management system for directors and senior management [1][2]. Group 1: Committee Structure and Composition - The Compensation and Assessment Committee consists of three directors, including two independent directors [2]. - The committee is chaired by an independent director, who is responsible for leading the committee's activities [2]. - The term of the committee aligns with that of the board of directors, and members can be re-elected [2][3]. Group 2: Responsibilities and Authority - The committee is tasked with formulating assessment standards for directors and senior management, as well as reviewing compensation policies and plans [4]. - It is responsible for proposing recommendations on the compensation of directors and senior management, including stock incentive plans and employee shareholding plans [4]. - Any compensation plans proposed by the committee must be approved by the board and subsequently submitted for shareholder approval [4][6]. Group 3: Operational Procedures - The committee's working group, composed of personnel from the board office and human resources, is responsible for preparing materials and supporting the committee's functions [3][6]. - The evaluation process for directors and senior management includes the submission of work summaries and performance evaluations, leading to recommendations for compensation [6]. - Meetings of the committee require a two-thirds attendance of members to be valid, and decisions must be approved by a majority [7][8]. Group 4: Meeting Regulations - Meetings should be held in person, but can also utilize video or phone conferencing when necessary [8]. - All meeting records must be documented, and confidentiality is required from all attendees regarding discussed matters [8][9]. - The committee's operational guidelines are subject to relevant laws and the company's articles of association [9].
绿城水务: 广西绿城水务集团股份有限公司董事会薪酬与考核委员会工作细则(2025年8月修订)