1 – (Stock Code: 2663) has officially released its updated Nomination Committee Terms of Reference, approved on 28 November 2025. The Nomination Committee comprises at least three directors, with the majority being independent non-executive directors of the Company. Its chairman is appointed by the Board and must either be the Board chairman or an independent non-executive director. The committee secretary role is typically filled by the company secretary, though a member may assume this role if needed.

According to the announcement, the Nomination Committee is required to meet at least once per year, with additional meetings convened at the discretion of its chairman. Any resolutions within these meetings are passed by a majority vote of attending members, provided a quorum of two members is present, including one independent non-executive director. The Nomination Committee’s major responsibilities include reviewing and recommending changes to the Board’s structure and composition, assessing the independence of relevant directors, and advising on appointments and reappointments to ensure orderly succession planning. It is also tasked with assessing directors’ time commitments, supporting Board performance evaluations, and handling diversity-related policies. Minutes of each meeting are kept on file, and relevant proceedings are reported to the Board in a timely manner.