China Res Beer (00291.HK) announced the establishment of a Nomination Committee, which is established by the board of directors and is mainly responsible for reviewing the performance, structure, number and composition of the board of directors, and making recommendations on the changes of the board of directors. The committee consists of at least three members, mostly independent non-executive directors, including a director responsible for human resources functions. The chairman of the committee is served by the chairman of the board of directors or an independent non-executive director, and the secretary of the meeting is served by the company secretary or his representative. The committee holds at least one meeting a year and may hold additional meetings as requested...Show More

China Res Beer (00291.HK) announced the establishment of a Nomination Committee, which is established by the board of directors and is mainly responsible for reviewing the performance, structure, number and composition of the board of directors, and making recommendations on the changes of the board of directors. The committee consists of at least three members, mostly independent non-executive directors, including a director responsible for human resources functions. The chairman of the committee is served by the chairman of the board of directors or an independent non-executive director, and the secretary of the meeting is served by the company secretary or his representative. The committee holds at least one meeting a year and may hold additional meetings as requested. The committee is responsible for formulating and maintaining nomination policies for board members, including procedures and criteria for screening and recommending director candidates, and ensuring the transparency and fairness of the screening process. In addition, the committee will be responsible for formulating and maintaining policies for board member diversification, and evaluating the independence of independent non-executive directors. The committee's decisions or recommendations will be reported to the board of directors unless legally or regulatory restricted.