The Nomination Committee has been established with specific written terms of reference which deal clearly with the Committee's authority and duties, among which including:

1. identify individuals suitably qualified to be a director;

2. assess the qualification and experience of candidates for directors and the independence for independent non-executive directors;

3. assess and review qualification and experience of directors who are subject to retirement by rotation and re-election at each annual general meeting; and

4. report on the work of the Committee and make proper recommendations to the board on a regular basis.