Company: MASK
Filing Date: 2025-06-24
Form Type: F-1
Source: 0001185185-25-000685
Chunk: 221

Company: 3 E Network Technology Group Ltd
Filing Date: 2025-06-24
Form: F-1
Chunk 221
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 shared by the shareholders generally.
In general, actions of a director are presumed to have been made on an informed basis, in good faith and in the honest belief that the
action taken was in the best interests of the corporation. However, this presumption may be rebutted by evidence of a breach of one of
the fiduciary duties. Should such evidence be presented concerning a transaction by a director, a director must prove the procedural fairness
of the transaction and that the transaction was of fair value to the corporation.

Under BVI law, our directors owe fiduciary duties
both at common law and under statute including, among others, a statutory duty to act honestly, in good faith, for a proper purpose and
with a view to what the directors believe to be in the best interests of the company. Our directors are also required, when exercising
powers or performing duties as a director, to exercise the care, diligence and skill 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. In the exercise of their powers, our directors must ensure neither they nor the company
acts in a manner which contravenes the BVI Act or our Amended and Restated Articles. A shareholder has the right to seek damages for breaches
of duties owed to us by our directors.

Pursuant to the BVI Act and our Amended and Restated
Articles, a director of a company who has an interest in a transaction and who has declared such interest to the other directors, may:

| (a) | vote on a matter relating to the transaction; |

| (b) | attend a meeting of directors at which a matter relating to the transaction arises and be included among the directors present at 
 the meeting for the purposes of a quorum; and                                                                                     |

| (c) | sign a document on behalf of the Company, or do any other thing in his capacity as a director, that relates to the transaction. |

In certain limited circumstances, a shareholder
has the right to seek various remedies against the company in the event the directors are in breach of their duties under the BVI Act.
Pursuant to Section 184B of the BVI Act, if a company or director of a company engages in, or proposes to engage in or has engaged
in, conduct that contravenes the provisions of the BVI Act or the memorandum or