Tianshui Zhongxing Bio-Technology Co.Ltd(002772)
Remuneration (allowance) performance plan for directors and senior managers in 2022
According to the articles of association, detailed rules for the work of the remuneration and appraisal committee of the board of directors and other relevant systems of the company, combined with the actual situation of the company’s business scale and referring to the salary level of the industry, and after deliberation by the remuneration and appraisal committee of the board of directors, the remuneration (allowance) performance plan of the company’s directors and senior managers in 2022 is as follows:
1、 Applicable object of this proposal
Directors and senior managers who receive salary (allowance) performance in the company.
2、 Application period of this proposal
From January 1, 2022 to December 31, 2022.
3、 Salary principle
(I) principle of responsibility: the salary standard shall be determined according to the working post, work performance, contribution and other factors. (II) competition principle: the salary level shall refer to the standards of Listed Companies in the same industry and region to maintain the attractiveness of the company’s salary and its competitiveness in the market.
(III) performance principle: the salary standard is determined on the basis of performance, and the performance principle of “those with ability get more” is implemented. 4、 Salary (allowance) performance standard
(I) allowance for independent directors
The annual allowance for independent directors is 60000 yuan (including tax).
(II) remuneration of non independent directors and senior managers
The company implements an annual salary system, which is composed of basic salary, performance and bonus. Senior managers who serve as directors in the company and senior managers who do not serve as Directors receive remuneration according to their management positions and do not receive separate allowances; Directors who are not senior managers shall be comprehensively determined according to their own labor contracts signed with the company, different positions and the company’s overall salary and assessment system, and will not receive separate allowances.
5、 Implementation procedure
After the scheme is reviewed and approved by the board of directors and the general meeting of shareholders of the company, the salary and appraisal committee will organize and implement the annual performance appraisal of the appraisal objects according to the scheme, and supervise the implementation of the salary system.
6、 Distribution method
The allowances and basic salaries of directors and senior managers in 2022 are paid on an average monthly basis. The part of performance and bonus assessed on a monthly basis can be paid in full or in part on a monthly basis. The part assessed on an annual basis will be paid after assessment by the remuneration and assessment committee of the board of directors at the end of the year.
7、 Other matters
(I) the above salaries, allowances, performance and bonuses are pre tax amounts, and the individual income tax involved is uniformly withheld and paid by the company.
(II) directors and senior managers of the company who leave their posts due to re-election, resignation during their term of office and other reasons shall be calculated and paid according to their actual term of office.
(III) if part of the monthly salary paid in 2022 has been received according to the 2021 standard before the scheme takes effect, the company will adjust it in the monthly payment after the scheme takes effect to ensure that the annual basic salary in 2022 is implemented according to the scheme.
(IV) the relevant expenses for directors and senior managers to attend the meetings of the board of directors, special committees of the board of directors, general meetings of shareholders and meetings of the board of supervisors shall be borne by the company.
(V) the remuneration and assessment committee of the board of directors may make adjustments according to the industry conditions and the actual operation of the company.
(VI) the plan will come into force after being reviewed and approved by the company’s 2021 annual general meeting of shareholders.
Board of directors
