QM HOME(SH:603818) Zheng Quan Zhi Xing·2025-08-29 17:57Core Viewpoint - The document outlines the establishment and operational guidelines of the Compensation and Assessment Committee of Qu Mei Home Group Co., Ltd, aimed at enhancing the governance structure and management of compensation for directors and senior management [1][3][9]. Group 1: Committee Structure and Responsibilities - The Compensation and Assessment Committee is a specialized body under the board of directors, responsible for researching and formulating compensation policies and assessment standards for directors and senior management [3][6]. - The committee consists of three directors, with a majority being independent directors, and is chaired by an independent director [3][4]. - The committee's main responsibilities include evaluating the performance of directors and senior management, proposing compensation policies, and drafting stock incentive plans for board approval [3][6][8]. Group 2: Decision-Making Procedures - Compensation policies proposed by the committee for directors require board approval and must be submitted to the shareholders' meeting for final approval, while policies for senior management only need board approval [6][8]. - The committee is accountable to the board and must document any recommendations not adopted by the board, including reasons for non-acceptance [4][8]. Group 3: Meeting Protocols - The committee is required to meet at least once a year, with additional meetings called as necessary, and decisions require a quorum of two-thirds of the members [8][9]. - Meeting records must be maintained for at least ten years, and all attendees are bound by confidentiality regarding the discussed matters [9][9].