Company: RETO
Filing Date: 2025-05-09
Form Type: 20-F
Source: 0001213900-25-041195
Chunk: 10

Company: ReTo Eco-Solutions, Inc.
Filing Date: 2025-05-09
Form: 20-F
Item: Item 6
Chunk 10
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 our 2022 Share Incentive Plan.

  Board Practices.  

See information provided in response to Item 6. A.
above as to the current directors.

Composition of Board

Our board of directors currently
consists of seven directors. The directors are divided into three classes, as nearly equal in number as the then total number of directors
permits. All directors hold office until the next annual meeting of shareholders at which their respective class of directors is re-elected
and until their successors have been duly elected and qualified. Officers are elected by and serve at the discretion of the board of directors.
Class A directors shall face re-election at our 2026 annual general meeting of shareholders and shall face reelection every three years
thereafter. Class B directors shall face re-election at our 2027 annual general meeting of shareholders and every three years thereafter.
Class C directors shall face re-election at our 2025 annual general meeting of shareholders and every three years thereafter.

If the number of directors
changes, any increase or decrease will be apportioned among the classes so as to maintain the number of directors in each class as nearly
as possible. Any additional director of a class elected to fill a vacancy resulting from an increase in such class will hold office for
a term that coincides with the remaining term of that class. Decreases in the number of directors will not shorten the term of any incumbent
director. These board provisions could make it more difficult for third parties to gain control of our Company by making it difficult
to replace members of the board of directors.

Save as required under the
BVI Act, there are no membership qualifications for directors. Further, save as required under the BVI Act, there are no share ownership
qualifications for directors unless so fixed by us in a general meeting.

The board of directors maintains
a majority of independent directors who are deemed to be independent under the definition of independence under Rule 5605(c)(2) of the
Nasdaq Stock Market Rules and meet the independence standards under Rule 10A-3 under the Exchange Act, as amended. Baoqing Sun, Tonglong
Liu, Lidong Liu and Austin Huang are our independent directors.

There are no other arrangements
or understandings pursuant to which our directors are selected or nominated. We do not have any service contacts with our directors that
provide benefits upon termination of employment.

Our board of directors plays
a significant role in our risk oversight. The board of directors makes all relevant company decisions. As