Da Ming International Holdings Limited has adopted an updated Terms of Reference for its Nomination Committee, effective 26 March 2026, reaffirming the Board’s commitment to robust governance, diversity and transparent director selection.

The Committee, established in November 2010, will continue to comprise at least three members—most of whom must be independent non-executive directors—and must include at least one director of a different gender. Members are appointed for terms of up to three years, extendable by the Board. The Board’s chair or an independent non-executive director will head the Committee.

Key responsibilities include:

• Annual review of the Board’s structure, size and diversity metrics (gender, age, cultural and educational background, professional experience, skills and tenure) and maintenance of a formal Board skills matrix.

• Identification and recommendation of suitably qualified candidates for directorships, with explicit reference to the company’s Board Diversity Policy.

• Continuous assessment of the independence and time commitment of non-executive directors, monitoring participation levels and external directorship load.

• Oversight of succession planning for directors, particularly the Board chair and chief executive, and support for regular evaluations of overall Board performance.

Meeting protocols stipulate a minimum of one session annually, aligned with the financial reporting and audit cycle, with ad-hoc meetings convened as required. A quorum requires two independent non-executive directors. The Committee is empowered to obtain external legal or professional advice at the company’s expense and may request information from any employee.

Reporting duties mandate that the Committee chair briefs the full Board after each meeting and that annual disclosures on Board diversity progress appear in the Corporate Governance Report. The Committee will also conduct an annual self-review of its effectiveness and recommend any changes to the Board.

The refreshed charter underscores Da Ming Int’l’s intention to enhance transparency, align governance practices with Hong Kong listing requirements and embed diversity considerations at the heart of director appointments.