The main role of the Nomination Committee is to oversee matters relating to board nomination and recruitment and diversity, as well as planning for succession.
The REIT Manager has set up a Nomination Committee to assist the Board in reviewing the Board structure, size and composition, assessing the independence of independent non-executive directors and to make recommendations on the appointment and re-appointment of Director and succession planning.
The Nomination Committee is appointed by the Board and shall comprise a majority of independent non-executive directors. The Chairman of the Nomination Committee shall be the Chairman of the Board or an independent non-executive director appointed by the Board. It should meet on an annual basis and otherwise on an as-needed basis.
The members of the Nomination Committee include: