江苏创新环保新材料有限公司.PDFVIP

Jiangsu Innovative Ecological New Materials Limited Terms of reference of the Audit Committee of the Board of Directors (Adopted pursuant to a resolution passed by the board of directors of the Company dated 11 March 2018, and amended on 28 December 2018) – 1 – Jiangsu Innovative Ecological New Materials Limited the “Company” and Terms of reference of the Audit Committee (“Committee”) of the Board of Directors (“Board”) of the Company (Adopted on 11 March 2018 and amended on 28 December 2018) (The Chinese translation is for reference only, the English version shall prevail) 1. Constitution 1.1 The Committee is established pur suant 20 18 3 11 to a resolution passed by the Board on 11 March 20 18. 2. Membership 2.1 M emb er s of th e Committ ee sh all b e appointed by the Board from amongst the non-executive directors only of the Company and shall consist of not less than three members, a maj ority of whom 3.10(2) sh ould b e indep endent non -executive director s. At least one member i s an independent non-executive director with appropriate professional qualification s o r a c c o u n t i n g o r r e l a t e d f i n a n c i a l m an agement exp erti se as r equir ed in Rule 3. 10(2) of the Rule s Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”). – 2 – 2.2 The chairman of the Committee shall be appointed by the