Corporate Governance

The Company is committed to achieving and maintaining a high standard of corporate governance to safeguard Shareholders’ interests. The Company has adopted and adhered to the principles in the Corporate Governance Code (the “CG Code”) as set out in Appendix 14 to the Rules Governing the Listing of Securities on the Stock Exchange (the “Listing Rules”). The corporate governance principles of the Company place strong emphasis on an effective board with a high level of integrity, proper internal controls, as well as ensuring a high degree of transparency and accountability, which not only enhances corporate value for Shareholders but also protects the long-term sustainability of the Group.

The Board periodically reviews and continues to enhance the Company’s corporate governance policies to ensure compliance with the code provisions of the CG Code.

Board of Directors

Our Board consists of night Directors, including three Executive Directors, three Non-Executive Directors and three Independent Non-Executive Directors.

Executive Directors: Mr. Lee Yuen Hong, Mr. Cheung Yu To, Mr. Lee Tsz Kin Kenji

Non-Executive Directors: Mr. Wong Chi Kin, Mr. Cheng Chung Fan, Mr. Cheng Yu Sang

Independent Non-Executive Directors: Mr. Goh Choo Hwee, Mr. Yim Kwok Man, Mr. Tang Man Tsz

Audit Committee

The primary duties of the Audit Committee are to make recommendations to the Board on the appointment and removal of the external auditor, review the financial statements and material advice in respect of financial reporting and oversee the internal control procedures of the Company. The current members of the Audit Committee comprise Mr. Goh Choo Hwee and Mr. Yim Kwok Man, boh being INEDs, abd Mr. Wong Chi Kin, a NED. Mr. Yim Kwok Man is the chairman of the Audit Committee.

Remuneration Committee

The primary duties of the Remuneration Committee include (a) formulating and making recommendations to the Board on the Company’s policies and structure for the remuneration of all of Directors and senior management of the Company; (b) establishing a formal and transparent procedure for developing policy on remuneration; (c) determining specific remuneration packages for all executive Directors and senior management in the manner specified in its fairness and reasonableness of the terms of any Director’s service agreement which is subject to the approval of the Shareholders in general meeting pursuant to the Listing Rules. The current members of the Remuneration Committee are Mr. Goh Choo Hwee and Mr. Tang Man Tsz, both being INEDs, and Mr. Lee Yuen Hong, an executive Director. Mr. Goh Choo Hwee is the chairman of the Remuneration Committee.

Nomination Committee

The primary duties of the Nomination Committee are (a) reviewing the structure, size and diversity of the Board; (b) assessing the independence of INEDs; (c) identifying suitably qualified candidates to become members of the Board and giving adequate consideration to the Board or selection of individuals nominated for directorships, or on appointment or re-appointment of Directors. The current members of the Nomination Committee are Mr. Goh Choo Hwee and Mr. Tang Man Tsz, both being INEDs, and Mr. Lee Yuen Hong, an executive Director. Mr. Lee Yuen Hong is the chairman of the Nomination Committee.

Procedures for Raising Enquiries

Shareholders may direct their queries regarding their shareholdings, share transfer/registration, payment of dividend and change of correspondence address to the Company’s branch share registrar in Hong Kong, Tricor Investor Services Limited:

Address : Level 22, Hopewell Centre, 183 Queen’s Road East, Hong Kong

Email : is-enquiries@hk.tricorglobal.com

Tel : (852) 2980 1333

Fax : (852) 2810 8185

Shareholders may raise enquiries in respect of the Company at the following correspondence address, email address and fax number of the Company for the attention of the Company Secretary:

Address : Room 1606-1608, 16/F, Riley House, 88 Lei Muk Road, Kwai Chung, New Territories, Hong Kong

Email : ir@tsuiwah.com

Fax : (852) 2541 2908