揚智科技 ALi Tech - Board Resolutions 2019

Board Resolutions 2019

2019/11/13	Number of Directors: 5, On leave or absent: 0, Present: 5	Discussion on the issues for 2020 Audit plan. Approved to issue the 2020 restricted stock and exercise rules. Approved the 2019 employees’list of stock options issued.
2019/09/25	Number of Directors: 5, On leave or absent: 0, Present: 5	Approved the appointment of Mr. Max Chen as the general manager and Mrs. Sophia Liang as the chief executive officer, which will take effect on October 1st , 2019 Approved the 2019 employee stock options issued with exercise rules.
2019/07/19	Number of Directors: 5, On leave or absent: 0, Present: 5	Approved 2019 annual updated budget plan and a plan for strengthen operations. Amended the rules of treasury stock transferred to employee. Approved the subsidiary ALi Europe Sàrl dissolution and liquidation.
2019/06/11	Number of Directors: 5, On leave or absent: 0, Present: 5	The board unanimously elected Mrs. Sophia Liang as Chairman of the Company. Approved Mr. Darren Huang, Mr. Jack Qi Shu, and Mr. Justin Tsai were appointed as the members of the compensation committee of ALi. Mr. Bruce Yu was appointed to act as chief finance officer and Finance Supervisor.
2019/04/29	Number of Directors: 6, On leave or absent: 0, Present: 6	Amended the rules of treasury stock transferred to employee. Proposed the compensation plan of 2018 deficits and submitted the proposal for approval by the 2019 AGM. Approved capital reduction to write off accumulated deficits and submitted the proposal for approval by the 2019 AGM. Discussion on the nomination for director candidates. Removed the non-competition restrictive covenants on new appointed. Approved the position adjustment of Mrs. Sophia Liang from Chief Financial Officer to Chief Executive Officer.
2019/03/25	Number of Directors: 6, On leave or absent: 0, Present: 6	Approved 2018 annual financial statements. Approved 2018 annual business report. Amended part of provisions for "the handling procedures for extension of monetary loans to others". Amended part of provisions for "the handling procedures for endorsements or guarantees for others". Amended part of provisions for "the handling procedures for acquisition or disposal of assets". Amended part of provisions for "the handling procedures for acquisition or disposal of assets of chinese subsidiaries". Amended the articles of incorporation. Approved the convening of the 2019 AGM and related issues.
2019/01/24	Number of Directors: 6, On leave or absent: 0, Present: 6	Approved 2019 annual budget plan.