Yibin Wuliangye Co., Ltd. Management System for Resignation of Directors and Senior Management (This system was reviewed and approved by the 4th meeting of the 7th Board of Directors in 2026)
Chapter 1 General Provisions
Article 1 To standardize the management of resignations for directors and senior management of Yibin Wuliangye Co., Ltd. (hereinafter referred to as the Company), ensure stable and orderly corporate governance, and protect the legitimate rights and interests of the Company and shareholders, this system is formulated in accordance with the "Company Law of the People's Republic of China" (hereinafter referred to as the "Company Law"), the "Securities Law of the People's Republic of China" (hereinafter referred to as the "Securities Law"), the "Guidelines for Corporate Governance of Listed Companies," the "Stock Listing Rules of the Shenzhen Stock Exchange," the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guide No. 1 - Standardized Operation of Main Board Listed Companies," and other relevant laws, regulations, normative documents, and the "Articles of Association" of the Company, combined with the actual situation of the Company.
Article 2 This system applies to the resignation of all directors (including independent directors) and senior management personnel of the Company.
Chapter 2 Resignation Circumstances and Procedures
Article 3 Resignation of directors and senior management personnel of the Company includes completion of term of office, voluntary resignation, dismissal, retirement, and other circumstances leading to the actual departure of directors and senior management personnel.
Article 4 The term of office for directors and senior management personnel of the Company shall be in accordance with the "Articles of Association." Unless otherwise stipulated in Article 6 of this system, directors who complete their term of office and are not re-elected, or senior management personnel whose term of office expires and are not re-appointed, shall automatically leave office on the date their term expires.
Article 5 Directors and senior management personnel of the Company may resign before the expiration of their term of office. Directors shall submit a written resignation report to the Company, stating the reason for resignation. Senior management personnel shall submit a written resignation report to the Company, stating the reason for resignation. Unless otherwise stipulated in Article 6 of this system, the resignation of a director shall take effect on the date the Company receives the resignation report. The resignation of senior management personnel shall take effect on the date the Board of Directors receives the resignation report. However, this shall not apply if relevant laws and regulations or state-owned asset supervision authorities have other provisions.