Summary by Futu AI
pc partner announced the scope of authority of its compensation committee, which is composed of non-executive directors, with the main purpose of formulating director and executive compensation policies and establishing transparent procedures. The committee will be responsible for reviewing the compensation package of directors and key executives, approving stock options plans, and handling compensation issues related to the termination of service contracts. In addition, the committee will ensure that any director or their affiliates are not involved in determining their own compensation. Compensation committee members may receive special remuneration and may obtain external professional opinions with the approval of the board of directors. The scope of authority document was adopted by the compensation committee on November 12, 2024, and approved by the board of directors.