Shenzhen Fuanana Home Furnishings Co., Ltd. Senior Management Compensation Assessment Plan
To further standardize the compensation management of senior management at Shenzhen Fuanana Home Furnishings Co., Ltd. (hereinafter referred to as the "Company"), motivate and constrain senior management to diligently perform their duties, promote the company's efficiency growth and sustainable development, the Company, in accordance with the "Company Law of the People's Republic of China," the "Corporate Governance Guidelines for Listed Companies," and other relevant laws and regulations, as well as the "Articles of Association of Shenzhen Fuanana Home Furnishings Co., Ltd." (hereinafter referred to as the "Articles of Association"), and considering the Company's actual situation and regional compensation levels and factors such as job contribution, has formulated the following compensation plan:
I. Scope of Application
Senior Management: Refers to the General Manager, Deputy General Managers, Financial Controller, Board Secretary, and other senior management personnel as stipulated in the "Articles of Association."
II. Term of Validity
This compensation (allowance) plan for directors shall take effect upon approval by the Company's Board of Directors and shall expire upon the approval of a new plan. During the implementation period, if there are significant changes, the plan may be adjusted according to the Company's needs and strictly following the prescribed review procedures.
III. Compensation Plan
(I) The compensation of the Company's senior management shall consist of base salary, performance-based pay, and special bonuses: