Value Partners Group Limited (惠理集團有限公司) has published its Nomination Committee Terms of Reference, detailing the committee’s structure, responsibilities, and procedures. Membership requires at least three members, with a majority serving as independent non-executive directors. One member must be appointed as Committee Chairman, who should be either the chairman of the Board or an independent non-executive director.

Meetings must be held at least once each year, and the quorum is three members, including the Chairman. The Committee is responsible for reviewing Board size and composition in alignment with the company’s strategy, identifying qualified director candidates, and assessing the independence of independent non-executive directors. It also makes recommendations regarding appointments, re-appointments, and succession planning. The duties include supporting Board performance evaluations and monitoring the implementation of the Board Diversity Policy, with revisions reviewed annually.

The document outlines a Nomination Policy focused on evaluating candidates based on character, integrity, professional qualifications, and relevant experience, among other criteria. The Nomination Process addresses both new appointments and the re-election of directors. Nominees are reviewed for independence, skills, and the capacity to fulfill Board responsibilities. Recommendations to the Board and, where appropriate, to shareholders, are based on these assessments.

The Nomination Committee’s mandate includes the authority to investigate relevant matters and seek professional advice when needed. The new terms of reference were issued on 2 December 2025.