Chapter 1 General Principles
Article 1
To further standardize the management of directors and senior executives (hereinafter referred to as "the Company"), this system establishes a scientific mechanism for compensation and performance evaluation, ensuring the Company effectively fulfills its responsibilities and obligations. It encourages directors and senior executives to enhance their work efficiency and effectiveness, improving the Company's management efficiency and promoting stable development based on the "Company Law" and relevant laws and regulations.
Article 2
This system applies to directors and senior executives of the Company.
Article 3
The principles for determining the compensation of directors and senior executives are as follows:
- Benefit sharing, risk exposure, and incentive alignment;
- Fair distribution, equity, and consistency;
- Integration of compensation with the Company's long-term benefits;
- Compensation linked to the Company's economic performance and individual work objectives.
Chapter 2 Management Structure and Responsibilities
Article 4
The Compensation and Evaluation Committee is the management body for this system, responsible for determining and adjusting the compensation plans for directors and senior executives.
Article 5
The Human Resources Department and the Finance Department shall coordinate with the Compensation and Evaluation Committee to implement the compensation plans for directors and senior executives.