Work of the Board of Directors

Since listed on Lao Securities Exchange in May 2019, the Board of Directors organized 3 Board Meetings in total, including 2 Regular Board Meetings and 1 Extra-ordinary Shareholders’ Meeting.

The Related Party Transaction Committee held 1 meeting to study the related party transactions related to the purchase of assets and formed a proposal to the Board of Directors for approval, which provided decision-making information for the Board Meeting.

According to the requirements of the Lao Securities Commission Office that the members of all the committees under the Board of Directors shall be directors. The Nomination Committee reviewed the members under Risk Control Committee, Nomination Committee, Compensation Management Committee, and Related Party Transaction Committee and formed a report submitted to the Board of Directors for approval, which provided decision-making information for the Board Meeting.

Based on the work plan, the Auditing Committee reviewed the Company's first quarter, semi-annual, third quarter and the annual reports to ensure the accuracy.