Company: AEHL
Filing Date: 2025-08-05
Form Type: 20-F/A
Source: 0001641172-25-022290
Chunk: 100

Company: Antelope Enterprise Holdings Ltd
Filing Date: 2025-08-05
Form: 20-F/A
Chunk 100
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ing Song). 
 From November 3, 2024, Tingting Zhang received compensation of USD 20,000 compensation shares per month.                                                                                |
|:--|:----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| ● | From December 31, 2024 Xiaoying Song received compensation of USD10,000 compensation shares per month.                                                                                  |

| 57 |

| ● | We may dismiss any of the above officers if any of the following events occurs with respect to the officer: (1) failure to show up for work, (2) failure to provide required documents, (3) falsification of documents, criminal record, etc., (4) serious violation of such officers’ labor rules and of regulations, (5) serious lapse of duties and responsibilities, (6) activities that violate regulations, resulting in loss of more than RMB 4,000, (7) operation of his own business during the term of his employment, (8) criminal prosecution and labor punishment, (9) request by the officer to resign, (10) causing us to sign or change any contract through fraud, coercion and other fraudulent means, or (11) other situations stipulated by law and statutes. |
| ● | Each officer is subject to the non-compete provisions of the agreement for a period of three years following termination of the employment agreement and non-solicitation provisions of the agreement for a period of two years following termination of the employment agreement.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |

Other Employees

Compensation for our senior executives
is comprised of four elements: a base salary, an annual performance bonus, equity and benefits.

In developing salary ranges, potential
bonus payouts, equity awards and benefit plans, it is anticipated that our compensation committee takes into account: 1) competitive compensation
among comparable companies and for similar positions in the market, 2) relevant ways to incentivize and reward senior management for improving
shareholder value while building a successful company, 3) individual performance, 4) how best to retain key executives, 5) the overall
performance of us and our various key component entities, 6) our ability to pay and 7) other factors deemed to be relevant at the time.

Our senior management have discussed
our above-mentioned planned process for executive compensation and the four compensation components. Specific compensation plans for our
key executives are negotiated and established by our compensation committee.

We have not entered into any service
contracts with any of our officers, directors or employees that contain any provisions for benefits upon