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Environmental, Social and Governance Report

SOCIAL ASPECT (CONTINUED)

Employment and Labour Practices (Continued)

Employment (Continued)

3. Dismissal

For termination of employment contract, our human resources department will follow all procedures
under the human resources management system and applicable labour laws. Termination clauses are
set out in all employees’ contracts. In case of complex situation, human resources department will
consult our legal advisors and/or management to ensure such employment termination is in compliance
with applicable laws.

Set out below is the employment data highlightsj

Total employees no. of people 1,412
By gender Male % 53.6
Female 46.4
By rank Executives (male) % 10.3
Executives (female) 2.4
Others (male) 47.1
Others (female) 40.2
By age Below 30 % 33.5
30-39 29.9
40-49 28.2
50-59 8.0
60 or above 0.4
Average tenure Executives (male) no. of years 12.0
Executives (female) 13.5
Others (male) 10.5
Others (female) 9.5
New employees Male no. of people 151
Female 110
Employee turnover (voluntary) Male no. of people 255
Female 265
Employee turnover (involuntary) Male no. of people 80
Female 14

26 ALCO HOLDINGS LIMITED ANNUAL REPORT 2018