Established in September 2003, the Nomination Committee, led by an independent non-executive director, comprises 3 members, the majority of whom are independent non-executive directors. It is responsible for nominating potential candidates for directorship, reviewing the nomination of directors, assessing the independence of independent non-executive directors and making recommendations to the Board on such appointments.

All new appointment of directors and nomination of directors for re-election at the annual general meeting are first considered by the Nomination Committee. The recommendations of the Nomination Committee will then be put to the Board for decision. New directors appointed by the Board are subject to re-election by shareholders at the next following general meeting pursuant to the Bye-laws of the Company. In considering the new appointment or nomination of directors for re-election, the Nomination Committee will assess the candidate or incumbent on criteria such as integrity, independent mindedness, experience, skill and the ability to commit time and effort to carry out his duties and responsibilities effectively etc.

Members

Dr. LI Kwok Po, David* (Chairman of the Committee) Mr. CHOW Kwong Fai, Edward* Mr. XU Minjie #   * Independent Non-executive Director # Executive Director

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