揚智科技 ALi Tech - Board Resolutions 2020

Board Resolutions 2020

2020/11/05	Number of Directors: 5, On leave or absent: 0, Present: 5	Discussion on the issues for 2021 Audit plan.
2020/10/19	Number of Directors: 5, On leave or absent: 0, Present: 5	Approved to transfer operating assets to Subsidiary, ALi (China) Corporation . Approved to issue 100,000 shares of restricted stock and the list of employees. Approved to issue 330,000 units of employee stock options and the list of employees.
2020/07/02	Number of Directors: 5, On leave or absent: 0, Present: 5	Approved to amendment for the rules of 2020 employee stock options and exercise rules. Approved to issue 4,255,000 units of employee stock options and the list of employees. Approved to issue 1,900,000 shares of restricted stock and the list of employees.
2020/05/13	Number of Directors: 5, On leave or absent: 0, Present: 5	Amended the rules of the audit committee. Amended the rules of the board of directors. Approved the 2020 annual updated budget plan and adjusted strengthen operations plan accordingly.
2020/04/29	Number of Directors: 5, On leave or absent: 0, Present: 5	Approved to amendment for the rules of treasury stock transferred to employee. Approved to amendment for the rules of 2020 restricted stock and exercise rules. Approved to amendment for the rules of 2019 employee stock options and exercise rules. Approved the proposal for private placement. Added addition of proposals of the 2020 AGM. Approved the 2020 employee stock options and exercise rules.
2020/03/18	Number of Directors: 5, On leave or absent: 0, Present: 5	Mrs. Julia Huang was appointed to act as Internal auditing officer, which will take effect on April 15th, 2020. Approved 2019 annual business report. Approved 2019 annual financial statements. Proposed the compensation plan of 2019 deficits and submitted the proposal for approval by the 2020 AGM. Amended the articles of incorporation. Approved the convening of the 2020 AGM . Approved the company's share buyback program. Approved to issue 500,000 units of employee stock options and the list of employees.
2020/01/21	Number of Directors: 5, On leave or absent: 0, Present: 5	Approved 2020 annual budget plan.