Directors' Report - Alibaba

DIRECTORS’ REPORT
DIRECTORS’ BIOGRAPHIES
Biographical details of our directors are set out on pages 32 to 35 of this Annual Report.
DIRECTORS’ SERVICE CONTRACTS
None of the directors being proposed for re-election at the forthcoming annual general meeting has an unexpired service contract with
us which is not determinable by us within one year without payment of compensation (other than statutory compensation).
DIRECTORS’ REMUNERATION
Our directors’ fees are subject to shareholders’ approval at general meetings. Other emoluments are determined by our remuneration
committee with reference to a combination of factors including the director’s skills, knowledge experience, time commitment, duties
and responsibilities required of him/her, the prevailing market conditions as well as our Group’s performance and results.
DIRECTORS’ AND CHIEF EXECUTIVES’ INTERESTS AND SHORT POSITIONS IN SHARES,
UNDERLYING SHARES AND DEBENTURES
As of December 31, 2010, the interests and short positions of our directors and chief executives in the shares, underlying shares
or debentures of our Company or any of our associated corporations (within the meaning of Part XV of the Securities and Futures
Ordinance (“SFO”)), as recorded in the register required to be kept by our Company pursuant to Section 352 of the SFO, or as otherwise
notified to our Company and The Stock Exchange of Hong Kong Limited (“Stock Exchange”) pursuant to the Model Code for Securities
Transactions by Directors of Listed Issuers set out in Appendix 10 of the Listing Rules (“Model Code for Securities Transactions”), were as
follows:
1. Long positions in ordinary shares of HK$0.0001 each of our Company (“Shares”):
Alibaba.com Limited Annual Report 2010
Approximate
Number of Shares/underlying Shares held percentage of our
Personal Family Corporate Company’s issued
Name of Director Interests Interests Interests Total Note share capital
MA Yun, Jack 15,369,053 – – 15,369,053 0.30%
WU Wei, Maggie 848,000 – 9,650,000 10,498,000 (1) 0.21%
PENG Yi Jie, Sabrina 4,275,000 – 1,000,000 5,275,000 (2) 0.10%
TSAI Chung, Joseph – 120,000 3,000,000 3,120,000 (3) 0.06%
TSOU Kai-Lien, Rose 94,000 – – 94,000 0.00%
OKADA, Satoshi 130,000 – – 130,000 (4) 0.00%
NIU Gen Sheng 150,000 – – 150,000 (5) 0.00%
KWAUK Teh Ming, Walter 100,000 – – 100,000 0.00%
KWAN Ming Sang, Savio 100,000 – 6,600,000 6,700,000 (6) 0.13%
Name of Ex-director
WEI Zhe, David 1,712,000 – 42,167,303 43,879,303 (7) 0.87%
LEE Shi-Huei, Elvis 10,187,900 – – 10,187,900 (8) 0.20%
DENG Kangming 4,547,633 – 3,135,500 7,683,133 (9) 0.15%
Note:
(1) These securities represent (a) share options in respect of 848,000 underlying Shares granted by our Company to Ms. Wu; and (b) relevant interests in respect
of 9,650,000 underlying Shares held by Direct Solutions Management Limited, which were owned by Sheenson Development Limited (a company ultimately
owned by Ms. Wu) for the benefit of Ms. Wu pursuant to the pre-IPO share incentive scheme of Alibaba Group Holding Limited (“Alibaba Group”), our
ultimate holding company.
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