Breton Technology Co., Ltd. has released the Terms of Reference for its Remuneration and Appraisal Committee, describing the committee’s responsibilities to establish a structured approach to performance evaluations and remuneration decisions for directors and senior management.

According to the document, the committee will comprise three directors, with a majority serving as independent non-executive directors. One of these independent non-executive directors will be elected as the chair and will preside over the committee’s work, including formulating remuneration policies, conducting annual performance appraisals, and reviewing compensation proposals. The committee’s assessment process involves collecting information on performance indicators and key financial metrics, then recommending remuneration amounts and methods to the board of directors.

The Terms of Reference also outline administrative regulations, such as holding meetings at least once per year, ensuring two-thirds of the members are present for decision-making, and preserving detailed meeting minutes. The document highlights procedures for defining compensation packages, addressing any potential conflicts of interest, and seeking external professional advice when necessary. The board of directors will implement and oversee all recommendations, ensuring alignment with the company’s guidelines, relevant laws, and listing rules.