Company: MASK
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001185185-25-000685
Chunk: 222

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-06-24
Form: F-1
Chunk 222
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 articles of association of the company, the BVI Court
may, on application of a shareholder or director of the company, make an order directing the company or director to comply with, or restraining
the company or director from engaging in conduct that contravenes the BVI Act or the memorandum or articles. Furthermore, pursuant to
section 184I(1) of the BVI Act a shareholder of a company who considers that the affairs of the company have been, are being or likely
to be, conducted in a manner that is, or any acts of the company have been, or are likely to be oppressive, unfairly discriminatory, or
unfairly prejudicial to him in that capacity, may apply to the BVI Court for an order which, inter alia, can require the company or any
other person to pay compensation to the shareholders.

Shareholder action by written consent

Under the Delaware General Corporation Law, a corporation
may eliminate the right of shareholders to act by written consent by amendment to its certificate of incorporation. BVI law provides that,
subject to the memorandum and articles of association of a company, an action that may be taken by members of the company at a meeting
may also be taken by a resolution of members consented to in writing.

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Shareholder proposals

Under the Delaware General Corporation Law, a shareholder
has the right to put any proposal before the annual meeting of shareholders, provided it complies with the notice provisions in the governing
documents. A special meeting may be called by the board of directors or any other person authorized to do so in the governing documents,
but shareholders may be precluded from calling special meetings. BVI law and our Amended and Restated Articles allow our shareholders
holding 30% or more of the votes of the outstanding voting shares to requisition a shareholders’ meeting. There is no requirement
under BVI law to hold shareholders’ annual general meetings, but our Amended and Restated Articles do permit the directors to call
such a meeting. The location of any shareholders’ meeting can be determined by the board of directors and can be held anywhere in
the world.

Cumulative voting

Under the Delaware General Corporation Law, cumulative
voting for elections of directors is not permitted unless the corporation’s certificate of incorporation specifically provides for
it. Cumulative voting potentially facilitates the representation of minority shareholders on a board of directors since it permits the
minority shareholder to cast all the votes to which the shareholder is entitled on