Meeting of the Remuneration Committee shall be held at least once a year. One meeting of the Remuneration Committee was held during the Year. The attendance records of each member of the Remuneration Committee at the said meeting are as follows:-

<table><tr><td>Name of the Directors</td><td>Attendance/
Number of 
Remuneration 
Committee meetings</td></tr><tr><td>Executive Director</td><td></td></tr><tr><td>Mr. Chu King Tien</td><td>1/1</td></tr><tr><td>Independent non-executive Directors</td><td></td></tr><tr><td>Mr. Hui Kwok Wah (Chairman)</td><td>1/1</td></tr><tr><td>Mr. Ma Sai Yam</td><td>1/1</td></tr></table>

During the Year, the Remuneration Committee has, among other things, reviewed the remuneration package of the Directors and senior management of the Group and recommendation was made to the Board in relation to their remuneration package.

# Nomination Committee

The Company has established a nomination committee (the “Nomination Committee”) on 15 May 2015 with written terms of reference in compliance with the Listing Rules. The Nomination Committee comprises one executive Director namely, Mr. Chu King Tien and two independent non-executive Directors, namely, Mr. Hui Kwok Wah and Mr. Ma Sai Yam, with Mr. Chu King Tien being appointed as the chairman of the Nomination Committee.

The roles and functions of the Nomination Committee include, among other things, reviewing the structure, size and composition of the Board at least once a year, making recommendations on any proposed changes to the Board to complement the Company’s corporate strategy, identifying individuals suitably qualified to become members of the Board and selecting, or making recommendations to the Board on the selection of individuals nominated for directorships, assessing the independence of the independent non-executive Directors and making recommendations to the Board on the appointment or re-appointment of the Directors and succession planning for Directors, in particular the chairman and the chief executive officer.

The Nomination Committee shall meet at least once a year. One meeting of the Nomination Committee was held during the Year. The attendance records of each member of the Nomination Committee at the said meeting are as follows:-

<table><tr><td>Name of the Directors</td><td>Attendance/
Number of 
Nomination 
Committee meetings</td></tr><tr><td>Executive Director</td><td></td></tr><tr><td>Mr. Chu King Tien (Chairman)</td><td>1/1</td></tr><tr><td>Independent non-executive Directors</td><td></td></tr><tr><td>Mr. Hui Kwok Wah</td><td>1/1</td></tr><tr><td>Mr. Ma Sai Yam</td><td>1/1</td></tr></table>

During the Year, the Nomination Committee has, among other things, reviewed the structure, size, composition and diversity of the Board, considered the appointment or re-appointment of the Directors, reviewed the independent non-executive Directors’ annual confirmation on independence and assessed their independence. The Nomination Committee will continue to review the necessity of more competent staff to join in for the expansion of the Group.

Pursuant to the amended Mandatory Disclosure Requirement L.(d)(ii) in the Corporate Governance Report as contained in Appendix 14 of the Listing Rules the Company should disclose its policy for nomination of directors in the summary of work performed by the Nomination Committee in its corporate governance report.

# Nomination Criteria

In evaluating and selecting any candidate for the directorship, the following criteria should be considered:

• character and integrity;

• qualifications including professional qualifications, skills, knowledge and experience, and diversity aspects under the Board Diversity Policy that are relevant to the Company’s business and corporate strategy;

• any measurable objectives adopted for achieving diversity on the Board;

• for independent non-executive Directors, whether the candidate would be considered independent with reference to the independence guidelines set out in the Listing Rules;

• any potential contributions the candidate can bring to the Board in terms of qualifications, skills, experience, independence and gender diversity;

• willingness and ability to devote adequate time to discharge duties as a member of the Board and/or Board committee(s) of the Company; and

• such other perspectives that are appropriate to the Company’s business and succession plan and where applicable may be adopted and/or amended by the Board and/or the Nomination Committee from time to time for nomination of directors and succession planning.

# Nomination Procedures

The Company has put in place the following Director nomination procedures:

# Appointment of New and Replacement Directors

(i) If the Board determines that an additional or replacement Director is required, it will deploy multiple channels for identifying suitable director candidates, including referral from Directors, shareholders, management, advisors of the Company and external executive search firms.

(ii) Upon compilation and interview of the list of potential candidates, the Nomination Committee will shortlist candidates for consideration by the Nomination Committee and/or the Board based on the selection criteria and such other factors that it considers appropriate. The Board has the final authority on determining suitable director candidate for appointment.