Changwa Corporation established a Nominating Committee on 1 January 2019 and updated its terms of reference on 20 February 2024. The Committee shall revise and approve from time to time the Code of Corporate Governance under the Rules of Corporate Governance under the Securities Listing Rules of the Hong Kong Stock Exchange Limited. The majority of the members of the Committee are independent non-executive directors and independent non-executive directors appointed by the Chairman of the Board or the Board of Directors serve as Chairman of the Committee. The Committee meets at least once a year and has the authority to evaluate the structure of the Board of Directors, nominate candidate directors, evaluate the independence of independent non-executive directors. In addition, the...Show More

Changwa Corporation established a Nominating Committee on 1 January 2019 and updated its terms of reference on 20 February 2024. The Committee shall revise and approve from time to time the Code of Corporate Governance under the Rules of Corporate Governance under the Securities Listing Rules of the Hong Kong Stock Exchange Limited. The majority of the members of the Committee are independent non-executive directors and independent non-executive directors appointed by the Chairman of the Board or the Board of Directors serve as Chairman of the Committee. The Committee meets at least once a year and has the authority to evaluate the structure of the Board of Directors, nominate candidate directors, evaluate the independence of independent non-executive directors. In addition, the Committee is responsible for regularly reviewing the Company's Director Nomination Policy and Board Diversity Policy. The minutes of the Committee's meetings will be made public for the directors to access and the terms of reference of the Committee have been published on the websites of the Company and Hong Kong Trading and Settlement Limited.