Palm Ecological Development Co., Ltd. Board of Directors and Senior Management Compensation and Performance Appraisal Management System (April 2026)
Chapter 1 General Provisions
Article 1 To strengthen the management of compensation and performance appraisal for the Board of Directors and Senior Management (hereinafter referred to as "Directors" and "Senior Management" respectively) of Palm Ecological Development Co., Ltd. (hereinafter referred to as the "Company"), further establish and improve the incentive and restraint mechanism, ensure that the Directors effectively perform their duties and obligations, effectively mobilize the enthusiasm and creativity of Senior Management, improve the level of enterprise operation and management, align the interests of operators with the long-term interests of the enterprise, and promote the healthy, stable, and sustainable development of the enterprise, these regulations are formulated in accordance with the "Company Law of the People's Republic of China," the "Code of Corporate Governance for Listed Companies," and other relevant laws, regulations, and the "Articles of Association of Palm Ecological Development Co., Ltd."
Article 2 Scope of Application of these Regulations: (1) Board of Directors members: including internal directors, external directors, and independent directors appointed by the Company. (2) Senior Management personnel: including the General Manager, Deputy General Managers, Chief Financial Officer, Secretary of the Board, and other Senior Management personnel nominated by the General Manager and approved by the Board of Directors.