China Telecom published the Board Meeting Rules on the Shanghai Stock Exchange's website on 27 May 2024 to further regulate the Board's deliberations and decision-making procedures, improve the Board's operational efficiency and decision-making science, and improve the corporate governance structure. The rule, drawn up in accordance with the relevant laws and regulations and the Articles of Association, clarifies the various aspects of the Board's terms of reference, composition, meeting system, etc., and provides for the procedures for convening, notifying, voting, etc., of meetings of the Board of Directors. The Board shall consist of 12 directors, of which no less than one third of the independent non-executive directors shall be. Board meetings shall be held at least...Show More

China Telecom published the Board Meeting Rules on the Shanghai Stock Exchange's website on 27 May 2024 to further regulate the Board's deliberations and decision-making procedures, improve the Board's operational efficiency and decision-making science, and improve the corporate governance structure. The rule, drawn up in accordance with the relevant laws and regulations and the Articles of Association, clarifies the various aspects of the Board's terms of reference, composition, meeting system, etc., and provides for the procedures for convening, notifying, voting, etc., of meetings of the Board of Directors. The Board shall consist of 12 directors, of which no less than one third of the independent non-executive directors shall be. Board meetings shall be held at least twice a year and shall monitor the implementation of the resolutions of the meeting. IN ADDITION, THE RULES FOR BOARD MEETINGS ALSO CONCERN THE DUTIES OF THE BOARD SECRETARY, DISCLOSURE OF INFORMATION AT BOARD MEETINGS, ETC. These Rules shall be determined by the Board of Directors and shall take effect after approval by the General Meeting.