Provisions of the Company Law on Employee Directors

1. Employee directors enjoy the same rights as directors and supervisors of the company and undertake corresponding obligations. 2. Staff directors should often or regularly go deep into employees to listen to their opinions and suggestions; When studying and deciding on major issues of the company, the board of directors shall earnestly perform their duties, exercise their rights on behalf of employees and fully express their opinions. 3. When discussing and deciding on major issues and matters involving the vital interests of employees, such as wages, bonuses, welfare, labor safety and health, social insurance, changes in labor relations, layoffs, etc., the directors of employees truthfully reflect the reasonable requirements of employees and represent and safeguard the legitimate rights and interests of employees; When the board of directors studies and decides to appoint or remove the senior management personnel of the company, it shall truthfully reflect the democratic appraisal of the management personnel of the company by the staff meeting. 4. The employee supervisor shall regularly supervise and inspect the extraction and payment of various insurance funds and trade union funds for employees and the implementation of the employee's salary, labor protection, social insurance and welfare system; Should participate in the inspection of the company's implementation of laws, regulations and company rules and regulations involving the vital interests of employees. Article 108 Composition, Term of Office and Authority of the Board of Directors of the Company Law A joint stock limited company shall have a board of directors with five to nineteen members. Members of the board of directors may include company employee representatives. The employee representatives in the board of directors are elected by the employees of the company through employee congresses, employee congresses or other forms of democratic elections. The provisions of Article 45 of this Law on the term of office of directors of a limited liability company shall apply to directors of a joint stock limited company. The provisions of Article 46 of this Law concerning the functions and powers of the board of directors of a limited liability company shall apply to the board of directors of a joint stock limited company.