BOARD COMMITTEES

Our Board has established the audit committee, the remuneration committee and the nomination committee and delegated various responsibilities to these committees, which assist our Board in discharging its duties and overseeing particular aspects of our Group's activities.

Audit Committee

The audit committee consists of Mr. Hui Wai Man, Lawrence, Mr. Gu Yunchang and Ms. Zhou Xinyi. Mr. Hui Wai Man, Lawrence is the chairperson of the audit committee.

The primary duties of the audit committee are to (i) review and supervise our financial reporting process and internal control system of our Group, risk management and internal audit; (ii) provide advice and comments to our Board in respect of financial, risk management and internal control matters; and (iii) perform other duties and responsibilities as may be assigned by the Board.


Remuneration Committee

The remuneration committee consists of Ms. Zhou Xinyi, Mr. Hui Wai Man, Lawrence and Mr. Gu Yunchang. Ms. Zhou Xinyi is the chairperson of the remuneration committee.

The primary duties of the remuneration committee include, but not limited to (i) establishing, reviewing and providing advices to our Board on our policy and structure concerning remuneration of our Directors and senior management and on the establishment of a formal and transparent procedure for developing policies concerning such remuneration; (ii) determining the terms of the specific remuneration package of each Director and senior management; and (iii) reviewing and approving performance-based remuneration by reference to corporate goals and objectives resolved by our Directors from time to time.


Nomination Committee

The nomination committee consists of Mr. Gu Yunchang, Mr. Hui Wai Man, Lawrence and Ms. Zhou Xinyi. Mr. Gu Yunchang is the chairperson of the nomination committee.

The primary function of the nomination committee is to (i) review the structure, size and composition of our Board on a regular basis and make recommendations to the Board regarding any proposed changes to the composi t ion of our Board; (ii) ident ify, select or make recommendations to our Board on the selection of individuals nominated for directorship, and ensure the diversity of our Board members; (iii) assess the independence of our independent non-executive Directors; and (iv) make recommendations to our Board on relevant matters relating to the appointment, re-appointment and removal of our Directors and succession planning for our Directors.


Amended and Restated Memorandum and Articles of Association

Terms of Reference of the Remuneration Committee

Contact Us

    Shimao Services Investor Relations Contact

    Company IR:XIE Nan

    Address: 26/F, SHANGHAI SHIMAO TOWER, No. 55, West Weifang Road, Shanghai, China 200122

    Telephone: +86 21 38611216

    Email: ir@shimaowy.com