Board Meetings

1.Convening and Notice

The Board of Supervisors shall hold at least four regular meetings every year, including one annual performance meeting, one semi-annual performance meeting, and two quarterly performance meetings.

An extraordinary meeting of the Board of Supervisors shall be convened under any of the following circumstances:

1)when the chairman/chairwoman of the Board of Supervisors deems it necessary;

2)when a supervisor proposes;

3)when the Company has suffered or is suffering from significant loss of assets and the shareholders’ rights and interests are undermined;

4)when the Company’s senior management or directors violate laws, regulations, or the Articles of Association and seriously harm the interests of the Company;

5)other circumstances stipulated by laws, administrative regulations, rules of competent departments and the Articles of Association.

A board meeting may be held in the form of on-site meeting, video-teleconference, or written communications.

To convene a board meeting, all supervisors shall be notified 10 days in advance of the meeting to allow time for preparation.

2.Determination of proposal

The office of the Board of Supervisors is responsible for collecting the matters considered by the Board of Directors and the matters proposed by the supervisors, and submitting to the chairman/chairwoman of the Board of Supervisors in time. The chairman/chairwoman shall decide whether to submit to the Board of Supervisors for deliberation according to their priorities.

3.Attendance

Meetings of the Board of Supervisors shall be held only when more than two-thirds of the supervisors are present.

Supervisors shall attend the meetings of the Board of Supervisors in person. When a supervisor is unable to attend a meeting for any reason, he or she may by a written power of attorney appoint another supervisor to attend the meeting on his or her behalf.

4.Voting

Each supervisor has one vote.

All resolutions of the Board of Supervisors must be approved by more than two-thirds of the supervisors.

A supervisor who does not attend a meeting of the Board of Supervisors and does not entrust others to attend the meeting shall be deemed to have waived the voting right at the meeting.

If more than one quarter of the supervisors or two external supervisors consider that the information in a proposal is insufficient or the argument is unclear, they can jointly propose to suspend discussion of the proposal, which shall be adopted by the Board of Supervisors.