AIM Rule 26

Description of Business

Through its Chinese subsidiaries, the principal activity of the Group is providing technology to facilitate fulfilment of payments online and through mobile apps through partnerships or affiliate agreements, and developing digital content, both online and through mobile. As of October 2016, the Company employed more than 300 professionals throughout China.

The names of directors and biographical details

BNN Technology plc is managed by a board of directors (the "Board") which consists of three executive directors and three non-executive directors, one of whom is senior independent director. The Board is responsible for directing the strategic objectives of BNN Technology plc and overseeing the management of the business. Directors are charged with the task of promoting the success of BNN Technology and making decisions in the best interest of the Company. The Board, led by the Chairman, approves and monitors the Group's long term objectives and commercial strategies, annual operating and capital expenditure budgets and business plans, evaluating the performance of BNN Technology and supervising the Group’s management. Click here

Board Committees

Click here for information on BNN Technology’s Board Committees

Country of incorporation and main country of operation

BNN Technology plc is incorporated in the United Kingdom under the Companies Act. The Group’s main country of operation is the People’s Republic of China.

Current constitutional documents

Please click here for the Articles of Association.

Details of any other exchanges or trading platforms

The ordinary shares of BNN Technology plc were admitted to trading on AIM regulated by the London Stock Exchange.

BNN Technology plc is in the process of applying to have its securities admitted to trading on the Nasdaq Stock Market in the form of American Depository Shares (ADSs).

Number of securities in issue, securities not in public hands and significant shareholders

Please click here for information on the number of ordinary shares of BNN Technology plc and details of significant shareholders.

Details of any restrictions on the transfer of securities

There are no restrictions on the transfer of securities in the Company.

Annual Reports and Interim reports

Please click here for access to the Company's Annual Reports and Interim Reports since Admission.

Company’s notifications

Please click here to access notifications made by the Company in the past 12 months.

Admission document and circulars

Please click here to access the Company's Admission Document dated 21 July 2014.  However, please note that the Company’s business activities have changed significantly since this document was issued and it is accordingly substantially out of date.

Please click here to access circulars sent to shareholders within the past 12 months.

Corporate governance code

The Company strives to attain and maintain high standards of corporate governance best suited to the needs and interests of the Company and its subsidiaries (the "Group") as it believes that effective corporate governance practices are fundamental to safeguarding shareholder interests and enhancing shareholder value. Accordingly, the Company has adopted corporate governance principles that emphasise a high quality board of Directors (the "Board"), effective internal controls, stringent disclosure practices, transparency and accountability. The Company is, in addition, committed to continuously improving these practices and inculcating an ethical corporate culture.

The Company has applied the principles of the UK Corporate Governance Code (the "Code") notwithstanding that the Company's shares are admitted to trade on AIM, and is therefore not required to comply with the Code.

The Company Secretary is responsible for ensuring that the Board is fully appraised of the relevant legislative, regulatory and corporate governance developments of relevance to the Group and that it takes these into consideration when making decisions for the Group.

The Company Secretary is also directly responsible for the Group's compliance with all obligations of the AIM Rules for Companies ("AIM Rules"), including the preparation, publication and dispatch of annual reports and interim reports within the time limits laid down in the AIM Rules, the timely dissemination to shareholders and the market of announcements and information relating to the Group and assisting in the notification of Directors' dealings in securities of the Group.

UK City Code on Takeovers and Mergers

BNN Technology plc is subject to the UK City Code on Takeovers and Mergers.

Advisers

Please click here to access the Company's advisers.

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