Chapter 1 General Principles
Article 1
To adapt to the strategic and sustainable development needs of Lens Technology Co., Ltd. (hereinafter referred to as "the Company"), enhance the Company's core competitiveness, improve the effectiveness and quality of major investment decisions, and elevate the Company's environmental, social, and governance (ESG) performance, the Board of Directors has formulated these work rules in accordance with the Company Law of the People's Republic of China (hereinafter referred to as "the Company Law"), the Securities Law of the People's Republic of China, the Guidelines for the Governance of Listed Companies, the Securities Listing Rules of The Stock Exchange of Hong Kong Limited (hereinafter referred to as "the Hong Kong Listing Rules"), and the provisions of the Articles of Association of Lens Technology Co., Ltd. (hereinafter referred to as "the Articles of Association").
Article 2
The Strategy and Sustainability (ESG) Committee is a specialized working body established by the Board of Directors, primarily responsible for researching and proposing recommendations on the Company's long-term development strategy, major investment decisions, sustainable development, and environmental, social, and governance policies.
Chapter 2 Formation and Composition of the Strategy and Sustainability (ESG) Committee
Article 3
The Strategy and Sustainability (ESG) Committee consists of three directors, including two independent non-executive directors (hereinafter referred to as "independent directors"), with the chairman serving as a member.
Article 4
Members of the Strategy and Sustainability (ESG) Committee, other than the chairman, shall be nominated by the chairman, more than half of the independent non-executive directors, or more than one-third of all directors, and elected by the Board of Directors.
Article 5
The Strategy and Sustainability (ESG) Committee shall have one chairperson (convener) responsible for presiding over the committee's work, who shall be the chairman. The term of office for committee members shall be the same as that of their directorship, and they may be re-elected upon expiration. Before the expiration of their term, members may not be removed without cause unless circumstances arise that prevent them from holding office as stipulated by laws, regulations, the securities regulatory rules of the stock exchange where the Company's shares are listed, the Articles of Association, or these work rules. If a member resigns or otherwise ceases to be a director, their committee membership shall automatically terminate at that time. The Board of Directors shall supplement new members in accordance with the Articles of Association and these work rules. If the number of members of the Strategy and Sustainability (ESG) Committee falls below two-thirds of the prescribed number due to resignations, dismissals, or other reasons, the Board of Directors shall promptly appoint new members. During the period when the number of committee members is less than two-thirds of the prescribed number, the committee shall suspend the exercise of its powers as stipulated in these work rules.