Information about decisions made by the Board of Directors on issues for which information carried out to shareholders and investors in accordance with the joint-stock company’s internal documents:
The Board of Directors of AO “PKKR” resolved the following as documented in minutes No.19/1 dated January 22, 2021:
1) To terminate the authorities of Mr. Huang Xianxiong as the President, member of the Board of Governors of Company effective January 24, 2021.
2) To elect Mr. Yang Mingyu as the President, member of Board of the Governors of Company, effective January 25, 2021 and assign that the terms of his authorities shall expire simultaneously with the terms of the Board of Governors;
3) To establish salary rate for Mr. Yang Mingyu, President, member of Board of the Governors of Company in accordance with the employment contract to be concluded as per the current legislation;
4) Permit Mr. Yang Mingyu, President of the Company to hold positions in other companies and organizations.
5) To remove Mr. Huang Xianxiong out of the membership of the Board committees including those reviewing issues of strategic planning, personnel and remuneration, social and other issues as well as issues of internal audit; to elect Mr. Yang Mingyu, President of the Company as a member of the committee reviewing issues of strategic planning, personnel and remuneration, social and other issues as well as issues of internal audit and specify that the terms of his authorizes expire simultaneously with expiration of authorities of these committees of the Board in general.