The announcement outlines the Nomination Committee’s responsibilities, including annual reviews of the Board’s structure, size, and composition. The committee is tasked with identifying qualified candidates for directorships under the Board’s Nomination Policy and assessing the independence of independent non-executive directors. It is also responsible for monitoring the implementation of the Board Diversity Policy and evaluating directors’ time commitments.

In addition, the committee will make recommendations regarding appointments, re-appointments, and succession planning. Oversight of the Board’s performance evaluation will be supported by the committee, which will regularly report its decisions or recommendations to the Board, subject to legal and regulatory requirements.