Corporate Governance

Silver Base Group Holdings Limited (the “Company”) is committed to high standard of corporate governance and business ethics of the Company and its subsidiaries. The board (the “Board”) of directors (the “Directors”) of the Company believes that good corporate governance and business ethics are essential for achieving sustainable development, building investors’ confidence and protecting and enhancing the interests of the shareholders of the Company.

In pursuit of the good and high standard of corporate governance, the Board reviews the corporate governance principles and practices of the Company from time to time in order to meet the rising expectations of shareholders of the Company and to comply with the increasing stringent regulatory requirements, and to fulfill its commitment to excellence in corporate governance.

The Company has adopted the Corporate Governance Code set out in Appendix 14 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The Board is in charge of providing effective and responsible leadership and control for the Company and is collectively responsible for promoting the Company’s success by directing and supervising its affairs. The Directors, individually and collectively, must act in good faith in the best interests of the Company and its shareholders. The Board sets the Group’s overall objectives and strategies, monitors and evaluates its operating and financial performance and reviews the corporate governance standard of the Group. It also decides on matters such as annual and interim results, connected and notifiable transactions, Directors’ appointments or re-appointment, and dividend and accounting policies.

The Board has delegated various responsibilities to certain Board committees including the audit committee, the compliance committee, the nomination committee and the remuneration committee of the Company.