Company: GRAN
Filing Date: 2025-07-31
Form Type: 20-F
Source: 0001213900-25-069627
Chunk: 127

Company: Grande Group Ltd/HK
Filing Date: 2025-07-31
Form: 20-F
Item: Item 6
Chunk 127
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 under statute, including a statutory duty to act
honestly, in good faith and with a view to our best interests. When exercising powers or performing duties as a director, our directors
also have a duty to exercise the care, diligence and skills that a reasonable director would exercise in comparable circumstances, taking
into account, without limitation, the nature of the Company, the nature of the decision and the position of the director and the nature
of the responsibilities undertaken by him. In exercising the powers of a director, the directors must exercise their powers for a proper
purpose and shall not act or agree to the Company acting in a manner that contravenes our Amended and Restated Memorandum and Articles
of Association or the BVI Act. In fulfilling their duty of care to us, our directors must ensure compliance with our Amended and Restated
Memorandum and Articles of Association. A shareholder may in certain limited exceptional circumstances have the right to seek damages
if a duty owed by our directors is breached.

Our
board of directors has all the powers necessary for managing, and for directing and supervising, our business affairs. The functions
and powers of our board of directors include, among others:

  convening                                                                                       

  declaring                     

  appointing                                                    

  exercising                                                                           

  approving                                                                                                

Remuneration

The
directors may receive such remuneration as our board of directors may determine from time to time. The compensation committee will assist
the directors in reviewing and approving the compensation structure for the directors.

Qualification

There
are no membership qualifications for directors. Further, there are no share ownership qualifications for directors. There are no other
arrangements or understandings pursuant to which our directors are selected or nominated.

Meetings
of directors

Our
business and affairs are managed by our board of directors, who will make decisions by voting on resolutions of directors. Our directors
are free to meet at such times and in such manner and places within or outside the BVI as the directors determine to be necessary or
desirable. A director must be given not less than 3 days’ notice of a meeting of directors. At any meeting of directors, a quorum
will be present if not less than one half of the total number of directors is present, unless there are only 2 directors in which case
the quorum is 2. An action that may be taken by the directors at a meeting may also be taken by a resolution of directors consented to
in