Seres Group Co., Ltd. introduced a dedicated Nomination Committee to refine the selection and appointment procedures for directors and senior management. Under these procedures, the Committee is composed of three directors, with more than half serving as independent directors, and is led by a convener who must be an independent director. The term of office for Committee members aligns with the term of the Company’s Board.

Key areas of responsibility include formulating criteria for selecting directors and senior management, identifying and reviewing qualified candidates for such positions, and assessing the independence of independent directors. The Committee also submits its final recommendations to the Board for further consideration and decision-making. Furthermore, the Committee may engage external advisors when necessary and is required to maintain robust record-keeping, ensuring that meeting minutes are archived for ten years. These measures are intended to strengthen the Company’s governance structure, enhance oversight, and formalize succession planning for key roles within Seres Group.