Pou Sheng International (Holdings) Limited (3813) released updated terms of reference for its Nomination Committee, outlining guidelines on board composition, meeting frequency, and key responsibilities. The committee aims to identify qualified board candidates, regularly review the board’s structure and diversity, and make relevant recommendations to align with the company’s strategic direction.

The revised terms emphasize that the Nomination Committee must comprise at least three directors, with one member of a different gender and a majority of independent non-executive directors. The committee will meet at least annually, with two members (including one independent non-executive director) forming a quorum. It is responsible for conducting assessments of potential candidates’ independence, supporting regular board performance evaluations, and advising on measurable objectives to achieve diversity.

The updated document details procedures for meeting notifications, record-keeping, and the reporting of conclusions to the board. The revised terms, first adopted on 13 November 2018, were further updated on 30 October 2025. The company highlights that these guidelines are designed to ensure a transparent and well-structured process for board nominations and succession planning.