Company: CHOW
Filing Date: 2025-05-29
Form Type: F-1/A
Source: 0001641172-25-012773
Chunk: 125

Company: ChowChow Cloud International Holdings Ltd
Filing Date: 2025-05-29
Form: F-1/A
Chunk 125
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 independence from management.     |

Nominations Committee. Our nominations committee will consist of Wong Ka Lun, Shi Cheuk Kwan and Tsang Chi Hon, and will be chaired by Wong Ka Lun. Our Board has determined that each such member satisfies the “independence” requirements of Section 803(2) of the NYSE American Company Guide. The nominations committee will assist the board of directors in selecting individuals qualified to become our directors and in determining the composition of the board of directors and its committees. The nominations committee will be responsible for, among other things:

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| ● | identifying                                                                                        
 and recommending nominees for election or re-election to our board of directors or for appointment 
 to fill any vacancy;                                                                               |
| ● | reviewing                                                                                          
 annually with our board of directors its current composition in light of the characteristics       
 of independence, age, skills, experience and availability of service to us;                        |
| ● | advising                                                                                           
 the Board periodically with respect to significant developments in the law and practice of         
 corporate governance as well as our compliance with applicable laws and regulations, and           
 making recommendations to our board of directors on all matters of corporate governance and        
 on any corrective action to be taken; and                                                          |
| ● | monitoring                                                                                         
 compliance with our code of business conduct and ethics, including reviewing the adequacy          
 and effectiveness of our procedures to ensure proper compliance.                                   |

Duties of Directors

Under Cayman Islands law, our directors owe fiduciary duties to our company, including a duty of loyalty, a duty to act honestly, and a duty to act in what they consider in good faith to be in our best interests. Our directors must also exercise their powers only for a proper purpose. Our directors also owe to our company a duty to act with skill and care. It was previously considered that a director need not exhibit in the performance of his duties a greater degree of skill than may reasonably be expected from a person of his knowledge and experience. However, English and Commonwealth courts have moved towards an objective standard with regard to the required skill and care and these authorities are likely to be followed in the Cayman Islands. In fulfilling their duty of care to us, our directors must ensure compliance with our memorandum and articles of association, as amended and restated from time to time. Our company has the right to seek damages if a duty owed by our directors is breached. In limited exceptional circumstances, a shareholder may have the right to seek damages in our name if a duty owed by our directors is breached.

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