Company: HMDCF
Filing Date: 2025-03-19
Form Type: 20-F
Source: 0001410578-25-000377
Chunk: 328

Company: HUTCHMED (China) Ltd
Filing Date: 2025-03-19
Form: 20-F
Item: Item 1
Chunk 328
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 and our management of those risks in accordance with the requirements o...  

  approves the appointment and removal of the head of the internal audit function;  

Table of Contents

  ensures our internal audit function has adequate standing and resources and is free from management or other restrictions;  

  reviews and monitors our executive management ’ s responsiveness to the findings and recommendations of the internal audit function; and  

  reviews with management and our independent auditors the adequacy and effectiveness of our internal control over financial reporting and disclosure controls and procedures.  

In relation to our external auditor, our audit committee, among other things:

  recommends the appointment, reappointment or removal of the external auditor and considers any issues relating to their resignation, dismissal, remuneration or terms of engagement, subject to a...  

  considers and monitors the external auditor ’ s independence, objectivity and effectiveness;  

  reviews and monitors the effectiveness of the audit process, considering relevant ethical or professional requirements;  

  develops and implements policy on the engagement of the external auditor to provide non-audit services, taking into any relevant ethical guidance; and  

  pre-approves the external auditors ’ annual audit fees and the nature and scope of proposed audit coverage, subject to approval by our shareholders.  

The audit committee is authorized to obtain, at our company’s expense, reasonable outside legal or other professional advice on any matters within the scope of its responsibilities.

Nomination Committee

Our nomination committee consists of Professor Mok Shu Kam, Tony, Mr. Graeme Allan Jack, Dr. Dan Eldar, and Dr. Chaohong Hu, with Professor Mok Shu Kam, Tony serving as chairman of the committee. Our nomination committee reviews the structure, size, diversity profile and skills set of the board against its needs and makes recommendations on the composition of the board to achieve our corporate strategy as well as promote shareholder value. It facilitates the board in the conduct of the selection and nomination of directors, makes recommendations to the board on the appointment or reappointment of directors and succession planning for directors. It also assesses director independence having regard to the criteria under the applicable corporate governance code, SEC or stock exchange rules.

Remuneration Committee

Our remuneration committee consists of Mr. Paul Rutherford Carter, Mr. Graeme Allan Jack and Ms. Edith Shih, with Mr. Paul Rutherford Carter serving as chairman of the committee. The remuneration committee is responsible for considering all material elements of remuneration policy and remuneration and incentives of our executive directors