Performance Evaluation of Board of Directors

1.  On October 19, 2020, the Board of Directors of the Company passed the "Rules for Performance Evaluation of Board of Directors", which stipulated that the Board of Directors should conduct an internal performance evaluation of the Board of Directors, its members and functional committees at least once a year, and conduct an external independent performance evaluation which is performed by an external independent institution or by a team of external experts and scholars at least every three years.

2. The performance evaluation of the Board of Directors and Functional Committees was reported to the Board of Directors on 22 February 2022.

3. The Company is expected to entrust an external independent institution to conduct an external evaluation of the performance of the Board of Directors in 2022.