Asian Citrus Holdings Limited (Stock Code: 73) announced the adopted and amended Terms of Reference for its Nomination Committee, aiming to strengthen corporate governance in line with Hong Kong listing regulations.

The Nomination Committee is required to have at least three members, with a majority comprising independent non-executive directors and at least one director of a different gender. The chairman of the Nomination Committee must be either the chairman of the Board or one of the independent non-executive directors on the Nomination Committee. The Board retains the final authority in the appointment and selection of directors.

The committee is responsible for reviewing the Board’s structure, size, and diversity, including gender, professional experience, and cultural background. It also assesses meeting attendance, the independence of independent non-executive directors, and provides recommendations on director appointments, re-appointments, and succession planning.

Meetings are convened as necessary and occur at least once a year, with decisions passed by a majority of attending members. The committee is authorized to seek independent professional advice, with related expenses borne by the company, and has the right to access sufficient resources for its operations. The revised Terms of Reference were initially adopted on 29 March 2022 and amended on 27 February 2026, and they are published on both the company’s website and the Hong Kong Exchanges and Clearing Limited website.