Chapter 1 General Principles
Article 1 In order to further improve the remuneration management system for directors and senior management of Lisen Sports Technology Co., Ltd. (hereinafter referred to as the "Company"), the Company will establish a scientific, standardized, and effective incentive and restraint mechanism, promote the healthy and sustainable development of the Company, and maintain the overall stability of the Company’s equity structure based on the "Company Law of the People's Republic of China" and other relevant laws and regulations.
Article 2 This system applies to the remuneration of directors and senior management as stipulated in the "Company Articles."
Article 3 The Company’s remuneration for directors and senior management is implemented based on the Company’s operational performance, the responsibilities of the positions, and the market salary levels, ensuring that the remuneration structure is competitive and reasonable.
Chapter 2 Remuneration Management Structure
Article 4 The remuneration management system for directors and senior management shall adhere to the following principles:
- Responsibility Principle: The remuneration level should match the value of the position and responsibilities.
- Competitive Principle: The remuneration should align with industry standards and market conditions.
- Performance Principle: The remuneration should be linked to performance evaluations, awards, and incentives.