China Resources Boya Bio-Pharmaceutical Group Co., Ltd. Chief Executive Officer Working Rules (Approved by the Eighth Board of Directors at its Eighteenth Meeting on March 19, 2026)
Chapter 1 General Principles
Article 1 To standardize the daily operations of the company, clarify the responsibilities of the Chief Executive Officer (CEO) of China Resources Boya Bio-Pharmaceutical Group Co., Ltd. (hereinafter referred to as the "Company"), regulate the CEO's conduct, ensure the CEO's correct exercise of authority and fulfillment of obligations, and in accordance with the "Company Law of the People's Republic of China" (hereinafter referred to as the "Company Law"), the "Articles of Association of China Resources Boya Bio-Pharmaceutical Group Co., Ltd." (hereinafter referred to as the "Articles of Association"), and relevant national laws and regulations, and in conjunction with the Company's actual situation, these Rules are hereby formulated.
Article 2 The CEO of the Company is responsible to the Board of Directors, manages the Company's daily operations, organizes the implementation of the Board of Directors' resolutions, and reports work to the Board of Directors.
Chapter 2 Qualifications and Appointment/Removal Procedures for the CEO
Article 3 The CEO should possess the following qualifications: (1) A thorough understanding and grasp of industry development trends and patterns; (2) Strong strategic execution capabilities and rich management practice experience; (3) Ability to establish a reasonable organizational structure and coordinate internal and external relationships; (4) Familiarity with national policies, laws, and regulations; (5) Integrity, diligence, honesty, impartiality, and uprightness; (6) Identification with the Company's corporate culture, a strong sense of mission, and a pioneering and innovative spirit.
Article 4 Procedures for the appointment and removal of the CEO: (1) The Company shall have one CEO, who shall be appointed or dismissed by the Board of Directors. (2) The term of office for the CEO shall be three years, commencing from the date of the Board of Directors' resolution. The CEO may be re-appointed for consecutive terms. (3) If the CEO resigns during their term of office, the specific procedures shall be in accordance with relevant laws and regulations.
Chapter 3 Powers of the CEO
Article 5 The CEO shall exercise the following powers: (1) Preside over the Company's production and operation management, organize the implementation of the Board of Directors' resolutions, and report work to the Board of Directors; (2) Organize the implementation of the Company's annual operating plan and investment proposals; (3) Draft the organizational structure of the Company's internal management; (4) Draft the Company's basic management system; (5) Formulate the Company's specific rules and regulations; (6) Propose to the Board of Directors the appointment or dismissal of Vice CEOs and the Chief Financial Officer; (7) Decide on the appointment or dismissal of management personnel other than those to be appointed or dismissed by the Board of Directors; (8) Within the scope of authority granted by the Board of Directors, decide on matters such as the acquisition and disposal of assets and related party transactions; (9) Other powers granted by the Articles of Association or the Board of Directors.