The primary objective of the Nomination Committee is to assist the Board in appointing new directors and assessing directors on an ongoing basis.
The Nomination Committee shall be appointed by the Board from amongst their number and shall comprise exclusively of non-executive directors, a majority of whom must be independent.
The Nomination Committee will report to the Board the nature and extent of the functions performed by it and may make such recommendations to the Board as it may think fit.
The Committee will meet as frequently as the members shall decide, with due notice of issues to be discussed and should record its conclusions whilst discharging its duties and responsibilities.
The quorum for a meeting shall be at least two (2) members present.
The duties of the Nomination Committee shall include the following:-