Lenovo 2014 Annual Report Download - page 63

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61
2013/14 Annual Report Lenovo Group Limited
Remuneration of External Auditor
The fees paid or payable to PwC for audit and non-audit services for the financial year ended March 31, 2014 and the
comparative figures for the financial year ended March 31, 2013 are as follows:
2014 2013
US$mn US$mn
Audit 4.5 5.6
Non-audit 0.7 0.8
Total 5.2 6.4
REMUNERATION OF DIRECTORS AND SENIOR MANAGEMENT
A formal and transparent procedure for fixing the remuneration packages of individual directors and senior management
is in place. Details of remuneration policies and other relevant information are set out in the Compensation Committee
Report of this annual report on pages 75 to 85.
COMPANY SECRETARY
The Company Secretary, Mr. Mok Chung Fu, Eric is responsible for facilitating the Board process, as well as
communications among Board members with shareholders and management. During the financial year ended March
31, 2014, the Company Secretary undertook appropriate professional training to update his skills and knowledge.
CONSTITUTIONAL DOCUMENTS
There was no change to the Company’s constitutional documents during the year. The Articles of Association is
available on the Company’s website and the HKEx’s website. However, a special resolution will be put forward to
the shareholders in the forthcoming annual general meeting of the Company to be held on July 2, 2014 to adopt the
new articles of association of the Company so as to bring the constitution of the Company in line with provisions of
the Company Ordinance (Chapter 622 of the Laws of Hong Kong) which came into effect on March 3, 2014 (“New
Companies Ordinance”), the Listing Rules and current corporate practices.
INVESTOR RELATIONS
Lenovo establishes an investor relations team to promote open, transparent, efficient and consistent communications
with shareholders, investors and equity analysts. The team commits to proactively providing the investment community
all necessary information, data and services in a timely manner, in order to help participants in the investment
community to better understand the Company’s strategy, operations and new development.
Communications with Investors
During the fiscal year 2013/14, the Company’s senior management team presented its annual and quarterly earnings
results through webcast and physical meetings to communicate with shareholders, investors and analysts. Through
various investor relations activities such as analyst briefings, conference calls and global investor roadshows, the
senior management team presented and communicated with investors and analysts on the Company’s strategy and
development.
During the fiscal year, in order to help the investor community better understand the company’s PC+ strategy in China,
the Company also cooperated with different securities houses in organizing trips to the company’s Beijing hub and its
flagship, PC and smartphone stores in China. Various site visits were also organized to Lenovo’s innovation center and
manufacturing plants, as well as its stores in China.