Company: EJH
Filing Date: 2025-10-30
Form Type: 20-F
Source: 0001213900-25-104179
Chunk: 138

Company: E-Home Household Service Holdings Ltd
Filing Date: 2025-10-30
Form: 20-F
Item: Item 10
Chunk 138
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may consider favorable, including provisions that authorize our board of directors to issue preference shares in one or more series and
to designate the price, rights, preferences, privileges and restrictions of such preference shares without any further vote or action
by our shareholders.

However, under Cayman Islands law, our directors
may only exercise the rights and powers granted to them under our fifth amended and restated memorandum and articles of association, as
amended and restated from time to time, for what they believe in good faith to be in the best interests of our company.

Directors’ Fiduciary Duties

Under Delaware corporate law, a director of a Delaware corporation
has a fiduciary duty to the corporation and its shareholders. This duty has two components: the duty of care and the duty of loyalty.
The duty of care requires that a director act in good faith, with the care that an ordinarily prudent person would exercise under similar
circumstances. Under this duty, a director must inform himself of, and disclose to shareholders, all material information reasonably available
regarding a significant transaction. The duty of loyalty requires that a director act in a manner he or she reasonably believes to be
in the best interests of the corporation. He or she must not use his or her corporate position for personal gain or advantage. This duty
prohibits self-dealing by a director and mandates that the best interests of the corporation and its shareholders take precedence over
any interest possessed by a director, officer, or controlling shareholder and not shared by the shareholders generally. In general, actions
of a director are presumed to have been made on an informed basis, in good faith, and in the honest belief that the action taken was in
the best interests of the corporation. However, this presumption may be rebutted by evidence of a breach of one of the fiduciary duties.
Should such evidence be presented concerning a transaction by a director, a director must prove the procedural fairness of the transaction
and that the transaction was of fair value to the corporation. As a matter of Cayman Islands law, a director of a Cayman Islands company
is in the position of a fiduciary with respect to the company and therefore it is considered that he owes the following duties to the
company - a duty to act bona fide in the best interests of the company, a duty not to make a personal profit based on his or her position
as director (unless the company permits him to do so) and a duty not to put himself in