Mininglamp Technology (2718) has published the Nomination Committee Terms of Reference, defining a dedicated sub-committee of its Board of Directors. The announcement highlights the role of this committee in ensuring the Board and its committees maintain an appropriate mix of skills, diversity, and experience.

The committee will comprise at least two members, mostly independent non-executive directors, and will be chaired by an independent non-executive director. The quorum for meetings is two members, and decisions are made by simple majority. At least one meeting must be held each year, with the possibility of additional meetings as needed.

According to the document, the committee is principally responsible for evaluating and recommending Board composition and policy, identifying and selecting qualified candidates for directorial and senior management vacancies, and assessing the independence of independent non-executive directors. It also oversees the effective implementation of the Board Diversity Policy and advises on succession planning for directors and senior management.

The company has stated that the committee is authorized to seek external professional advice as necessary. Final minutes and written resolutions are kept by the appointed secretary, and the committee chair or a designated member is expected to attend the annual general meeting to answer shareholder questions regarding nomination matters.