Company: MASK
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001185185-25-000685
Chunk: 198

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-06-24
Form: F-1
Chunk 198
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 of donations to religious, charitable, public or other bodies, clubs, funds or associations as deemed advisable; |

| ● | exercising the borrowing powers of the company and mortgaging the property of the company; |

| ● | executing checks, promissory notes and other negotiable instruments on behalf of the company; and |

| ● | maintaining or registering a register of relevant charges of the company. |

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Terms of Directors and Executive Officers

Each of our directors holds office until a successor
has been duly elected and qualified unless the director was appointed by the board of directors, in which case such director holds office
until the next following annual meeting of shareholders at which time such director is eligible for reelection. All of our executive officers
are appointed by and serve at the discretion of our board of directors.

Qualification

There is currently no shareholding qualification
for directors, although a shareholding qualification for directors may be fixed by our shareholders by ordinary resolution.

Insider Participation Concerning Executive Compensation

Our board of directors, which currently consists
of Tingjun Yang, Hao Liu, Na Mi and Yu Liu, is making all determinations regarding executive officer compensation from the time the
Company first entered into employment agreements with executive officers up until the time where the three independent directors will
be installed.

Committees of the Board of Directors

We have established three committees under the
board of directors: An audit committee, a compensation committee and a nominating and corporate governance committee. Even though we are
exempted from corporate governance standards because we are a foreign private issuer, we have voluntarily adopted a charter for each of
the three committees. Each committee’s members and functions are described below.

Audit Committee.Our
audit committee consists of Hao Liu, Na Mi and Yu Liu upon the effectiveness of their appointments. Hao Liu is the chairperson of our
audit committee. We have determined that Hao Liu, Na Mi and Yu Liu will satisfy the “independence” requirements of Section 5605(a)(2)
of the Nasdaq Listing Rules and Rule 10A-3 under the Exchange Act. Our board also has determined that Hao Liu qualifies as an
audit committee financial expert within the meaning of the SEC rules or possesses financial sophistication within the meaning of the Nasdaq
Listing Rules. The audit committee will oversee our accounting and financial reporting processes and the audits of the financial statements
of our company. The audit committee will be responsible for, among other things:

| ● | appointing the independent