Tianjin Capital Environmental Protection announces board changes, director remuneration, and EGM corrections

Tianjin Capital Environmental Protection Group Company Limited announced an Extraordinary General Meeting (EGM) to be held on December 31, 2025, to approve director remunerations and re-election. The proposed remuneration for independent non-executive directors of the tenth board is RMB120,000 per annum, with other directors receiving no remuneration for their directorship. The terms of the ninth board expired on September 8, 2025, and the new director appointments, including executive, non-executive, and independent non-executive directors, will take effect from December 31, 2025, for various terms ending in 2028.

Corrections to the original circular clarify the details of Mr. Xue Tao's role and amend the voting structure for independent non-executive directors. The voting for executive and non-executive directors (sub-resolutions 2.1 to 2.5) will use accumulative voting based on five times the number of shares held, while independent non-executive directors (sub-resolutions 3.1 to 3.3) will be subject to accumulative voting based on three times the number of shares held. All previously submitted proxy forms for the EGM are revoked.