Jiangsu Innovative Ecological New Materials Limited has released an updated version of its Nomination Committee Terms of Reference. According to the document, these terms of reference were originally adopted on 11 March 2018 and subsequently amended on 28 December 2018 and 30 October 2025.

The Nomination Committee is required to comprise at least three directors of different genders, with the majority serving as independent non-executive directors. The committee’s chairman is appointed by the board of directors and may be either the board chairman or an independent non-executive director. The committee secretary is designated by the board and is authorized to assist in convening meetings, documenting resolutions, and maintaining official records of the committee’s proceedings.

Key responsibilities of the Nomination Committee include periodically reviewing the structure, size, and diversity of the board (covering factors such as gender, age, cultural background, professional experience, knowledge, and length of service). The committee also formulates a board skills matrix, evaluates director candidates for potential appointments or reappointments, and assesses the independence of independent non-executive directors. In addition, the committee monitors and updates policies to enhance overall board diversity, evaluates time commitments of directors to their duties, and may seek external professional advice to fulfill its oversight functions. The Committee’s meeting records and related documents are preserved for reference, ensuring clarity and accountability in its operations.

In line with the stated terms, the updated Nomination Committee framework underscores a commitment to transparent governance and comprehensive evaluation of director appointments. The guidelines also emphasize the company’s intention to foster a diverse and inclusive corporate environment, covering both board-level and broader staffing considerations. All modifications to the terms of reference are subject to compliance with the company’s articles of association and applicable regulatory requirements.