The Compensation Committee is responsible for the compensation policies, standards, structure, and compensation levels in view of the performance of the directors, supervisors, and key managers. Performance and compensation policies are viewed and submitted to the board for further discussions.
The members of the Compensation Committee are appointed by the Board as required by law. According to Sincere Navigation Corporation’s Compensation Committee Charter, the committee consists of a convener and 2 other members, or 3 members in total.
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