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CORPORATE GOVERNANCE REPORT<br />
Key principle/practice CP/RBP Note How did <strong>Alibaba</strong>.com apply them?<br />
COMPLIANCE wITH MODEL CODE FOR SECURITIES TRANSACTIONS<br />
• Compliance with the<br />
Model Code for Securities<br />
Transactions set out in<br />
Appendix 10<br />
COMMUNICATIONS<br />
• Maintain on-going and<br />
effective communication<br />
with shareholders<br />
CP<br />
A.5.4<br />
Note: CP denotes a code provision and RBP denotes a recommendated best practice<br />
<strong>Alibaba</strong>.com Limited Annual <strong>Report</strong> 2010<br />
We have adopted our own Guidelines on Dealings in Securities on terms<br />
no less exacting than the required standard set out in the Model Code<br />
for Securities Transactions by Directors of Listed Issuers (“Model Code for<br />
Securities Transactions”) as set out in Appendix 10 of the Listing Rules in<br />
respect of dealings in the securities of our Company by our directors and<br />
also by relevant employees (which group includes key management staff<br />
and employees from functional departments/business units who may handle<br />
or come into price-sensitive information of our Company from time to time<br />
during their work, such as those from the finance department).<br />
According to our specific enquiry, all directors have complied with the<br />
required standard set out in the Model Code for Securities Transactions and<br />
our Guidelines on Dealings in Securities regarding transactions involving our<br />
securities.<br />
To ensure that all directors have a thorough and up-to-date understanding<br />
of the Model Code for Securities Transactions and our Guidelines on<br />
Dealings in Securities, in May 2010 we conducted a review session on<br />
directors’ dealings in securities as part of our Company’s continuous<br />
professional development program for our directors.<br />
Our board endeavors to uphold transparent communications with our<br />
shareholders for them to make informed decisions about their investments<br />
and the exercise of their rights as shareholders, including voting their<br />
shares. We establish and maintain different communication channels with<br />
our shareholders through the publication of annual and interim reports,<br />
announcements as well as news releases to provide extensive information<br />
on <strong>Alibaba</strong>.com’s activities, business strategies and developments. This<br />
information is also available on our website: http://ir.alibaba.com.<br />
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