Jiangsu Xiangteng New Materials Co., Ltd. Rules of Procedure for the Board of Directors Nomination Committee (Revised December 2025)
Chapter 1 General Provisions
Article 1 To regulate the procedures for appointing and dismissing directors and senior management of Jiangsu Xiangteng New Materials Co., Ltd. (hereinafter referred to as the "Company"), optimize the composition of the board of directors and management, and improve the corporate governance structure, in accordance with the "Company Law of the People's Republic of China," the "Articles of Association," and other relevant regulations, the Company hereby establishes a Board of Directors Nomination Committee and formulates these Rules of Procedure.
Article 2 The Nomination Committee is a special working body established by the Company's Board of Directors, primarily responsible for reviewing the qualifications of the Company's directors and senior management and forming clear review opinions.
Chapter 2 Composition
Article 3 The Nomination Committee shall be composed of three directors, with independent directors constituting a majority.
Article 4 Nomination Committee members shall be nominated by the Chairman, more than half of the independent directors, or two-thirds of all directors, and elected by the Board of Directors.
Article 5 The Nomination Committee shall have one Chairman (Convener), who shall be an independent director. The Chairman shall preside over the committee's work and shall be elected from among the members and submitted to the Board of Directors for approval. If the Chairman is unable to perform his duties or fails to perform his duties, a member jointly nominated by a majority of the members shall act on his behalf, provided that such member must be an independent director.