Newman Health Food Holdings Limited established a nomination committee on December 5, 2024, through a resolution aimed at sourcing, considering, and recommending suitable candidates for the Board of Directors, and monitoring the evaluation of the Board's performance. The committee will adhere to the listing rules of the Hong Kong Stock Exchange and is primarily responsible for reviewing the structure, size, and composition of the Board of Directors to refine the company's strategy.The majority of the committee's members will be independent non-executive directors appointed by the Board of Directors, with the chair being either the chairman of the Board or an independent non-executive director. The committee will hold at least one meeting each year, with a quorum...Show More

Newman Health Food Holdings Limited established a nomination committee on December 5, 2024, through a resolution aimed at sourcing, considering, and recommending suitable candidates for the Board of Directors, and monitoring the evaluation of the Board's performance. The committee will adhere to the listing rules of the Hong Kong Stock Exchange and is primarily responsible for reviewing the structure, size, and composition of the Board of Directors to refine the company's strategy.The majority of the committee's members will be independent non-executive directors appointed by the Board of Directors, with the chair being either the chairman of the Board or an independent non-executive director. The committee will hold at least one meeting each year, with a quorum of two members, and is authorized to establish the procedures for selecting and recommending candidates for directors. The core responsibilities of the committee include formulating a policy for the diversity of Board members, assessing the independence of independent non-executive directors, and making recommendations to the Board regarding the appointment, reappointment, and succession planning of directors.