The producer of high-quality metallurgical-grade alumina, Nanshan Aluminium International Holdings Limited, announced its formally adopted terms of reference. The board-level committee responsible for overseeing the nomination of directors and senior management will be the Nomination Committee.

In March 2025, the committee was set up, where the members are appointed by the Board and must include three directors, with the majority being independent non-executive directors. Either a board chairman or an independent non-executive director will be the committee’s chairman, who will again be appointed by the board.

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The Company Secretary will be leading as the secretary for the Nomination Committee. However, the Nomination Committee has the flexibility to appoint someone else with the right qualifications and experience to fulfil that role as needed.

For committee meetings, the terms of reference, laying out the procedures, have been done, which include one meeting per year, setting notice periods, sharing agendas and documents and establishing quorum and attendance rules, even allowing for participation through electronic means.

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Announcement of any meetings is required to be made in advance, which is at least seven days, unless all members of the Nomination Committee agree to skip that notice. Even if the notice period is shortened, if a member shows up to a meeting, it counts as them waiving the notice requirement.

Sharing the agenda and any related meeting documents with all members is required to be done in advance, at least three days before the Nomination Committee's scheduled meeting. However, if the members agree on a different timeline, that might be taken into consideration as well. The members can send the agenda and documents in either paper or electronic format, using methods like postal mail, email, or any other, ensuring members receive them.

These steps strengthen the company’s corporate governance framework by clearly outlining the responsibilities and processes for appointing board members and senior management. This clarity is crucial for investors and regulators who are keeping an eye on governance standards.

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