Corporate Governance

Brainhole Technology Limited commits to high standards of corporate governance and strictly adheres to relevant laws and regulations. We pay much attention to protect shareholders' interests. We have established the following committees in our Board of Directors: an Audit Committee, a Remuneration Committee and a Nomination Committee to ensure the top-level management and decision-making processes are accountable and in compliance with internal control systems as well as regulatory requirements and shareholders' interests.

Audit Committee

The Audit Committee consists of three Independent Non-executive Directors. The primary duties of the Audit Committee are mainly to make recommendation to the Board on the appointment, reappointment and removal of external auditor, monitor the integrity of the financial statements, annual reports and interim reports and review significant financial reporting judgments contained in them, and oversee financial reporting system, risk management and internal control system of the Group.
 
Remuneration Committee

The Remuneration Committee consists of one Executive Director and three Independent Non-executive Directors. The primary duties of the Remuneration Committee are mainly to make recommendation to the Board on the overall remuneration policy and structure relating to all Directors and senior management of our Group; review remuneration proposals of the management with reference to the Board’s corporate goals and objectives; and ensure none of our Directors or any of their associates determine their own remuneration.
 
Nomination Committee

The Nomination Committee consists of one Executive Director and three Independent Non-executive Directors. The primary function of the Nomination Committee is to review the structure, size, composition and diversity of the Board and make recommendations to the Board on the selection of individuals nominated for directorships, appointment or reappointment of Directors and succession planning for Directors.