The remuneration committee of the Board of Yanzhou Coal Mining Company Limited was established and Mr. Zhu Limin, Mr. Cai Chang and Mr. Poon Chiu Kwok were appointed as members of the remuneration committee. Mr. Zhu Limin was appointed as the chairman of the remuneration committee. 

The remuneration committee is responsible to the Board of the Company. The human resources department of the Company is the working department of the remuneration committee.

According to the domestic and overseas supervisory regulations, the remuneration committee’s main responsibilities include:

(1) formulating remuneration policies for the directors, supervisors and senior management, and recommending to the Board remuneration plans; 

(2)supervising the implementation of the remuneration policies by the directors, supervisors and senior management of the Company; 

(3)reviewing and assessing the annual performance of the directors, supervisors and senior management;

(4) performing other responsibilities authorized by the Board of the Company.