BUILD KING HOLDINGS LIMITED (Stock Code: 00240) announced the amended Terms of Reference for its Nomination Committee. The amendments, adopted at the Board Meeting on 14 November 2025, outline membership parameters, meeting procedures, and key responsibilities of the Committee.

The updated guidance stipulates that the Nomination Committee must have at least three members, with the majority being independent non-executive directors and at least one member of a different gender. The Board appoints the Committee Chairman, who must be either the chairman of the Board or an independent non-executive director. A quorum of three members is required for valid Committee decisions. Meetings can be convened as needed, with formal gatherings taking place at least once a year. Minutes and records of all proceedings are maintained, and the Committee Chairman is expected to attend the annual general meeting.

Under the revised duties, the Nomination Committee is charged with reviewing the Board’s structure, size, and composition, including aspects such as board diversity in gender, professional background, and board skills. The Committee identifies qualified candidates for directorships, assesses the independence of independent non-executive directors, and makes recommendations on appointments and re-appointments. It also supervises succession planning and the regular evaluation of the Board’s performance. The company secretary serves as Secretary to the Committee, and the Board has empowered the Committee to seek professional advice as necessary. These measures underscore BUILD KING HOLDINGS LIMITED’s commitment to maintaining a robust and diverse Board.