Alibaba's mission is to make it easy to do business anywhere and its vision is to solve challenges for small businesses through information technology. Alibaba is a marketplace, search engine, and bank all in one. The compensation committee comprises at least 3 board members, appoints and removes members, and can form subcommittees. It reviews compensation policies, the bonus pool, benefits, and equity awards. The committee documents meetings and can seek external counsel or consultants. It conducts annual self-evaluations.

5. MISSION: “ TO MAKE IT EASY TO DO BUSINESS
ANYWHERE.”
VISION: “ TO SOLVE THE CHALLENGES OF SMALL
BUSINESSES IN PROCUREMENT,SALES AND
MARKETING,MANAGEMENT AND FINANCING
THROUGH INFORMATION TECHNOLOGY.”

6. WHAT IS ALIBABA ?
IT IS A MARKET PLACE
A SEARCH ENGINE
AND A BANK,
ALL IN ONE.

7. COMPENSATION MANAGEMENT
STRUCTURE AND OPERATIONS
u Committee shall comprise of 3 or more
Members of the Board of Directors.
u Appointment and Removal
u Chairman of the committee
u Delegation of Subcommittees.

8. MEETINGS
u The Chairperson of the Board of Directors or
any member of the committee can call for a
meeting.
u Performance criteria and Compensation of
Senior management .
u Communication

9. RESPONSIBILITIES AND DUTIES
u Review,evaluate the overall compensation
policies.
u Bonus pool.
u Review and monitor employee pension,profit
sharing and benefit plan.
u Equity based awards to directors,employees
and consultants of the company.
RECORD
u Maintain minutes of meetings and activities
of the committee.

10. COUNSEL & CONSULTANTS
u The committee is empowered to look into
matters of concern.
ANNUAL PERFORMANCE EVALUATION
u the committee shall conduct evaluation in
such manners that deem appropriate.

11. THANK YOU XIÈXIÈ