Lotus Horizon Holdings Limited (stock code: 6063) released updated details regarding its Nomination Committee, originally established on 5 March 2020 and later amended on 11 February 2026. The committee is mandated to oversee the board’s structure, including director appointment, diversity initiatives, and overall composition.

According to the document, the Nomination Committee must have at least three members, with a majority being independent non-executive directors. The committee structure requires that at least one member be of a different gender, and a quorum of two members, including at least one independent non-executive director, is necessary for conducting meetings. It must meet at least once a year, while retaining the flexibility to convene additional sessions as needed.

Responsibilities include regularly reviewing the board’s size, skill sets, and diversity—covering factors such as gender, age, cultural background, professional experience, and tenure. The committee identifies qualified individuals for directorships, assesses existing directors’ independence and time commitment, and oversees the implementation of the company’s Board Diversity Policy. It also provides recommendations on appointments, re-appointments, and succession planning, especially regarding the chairperson and chief executive officer.

The Nomination Committee furnishes its minutes and findings to the board and remains authorized to seek relevant professional advice and resources to fulfill its obligations effectively. All updates focus on strengthening governance and ensuring balanced, diverse board composition, while underscoring clear guidelines for evaluating and selecting new directors.