1. Purpose

The board diversity policy (the “Policy”) aims to set out the approach to achieve diversity on the board of directors (the “Board”) of the Company.

2. Policy Statement

The Company recognizes and embraces the benefits of having a diverse Board to enhance the quality of its performance. All Board appointments will be based on meritocracy, and candidates will be considered against objective criteria, having due regard for the benefits of diversity of the Board.

3. Measureable Objectives

Selection of candidates will be based on a range of diversity perspectives including but not limited to gender, age, cultural and educational background, ethnicity, professional experience, skills, knowledge and length of service. The ultimate decision will be based on merit and contribution that the selected candidates will bring to the Board. The Board’s composition will be disclosed in the Company’s annual report.

4. Monitoring and Reporting

4.1  The nomination committee of the Company (the “Nomination Committee”) will monitor the implementation of the Policy.

4.2  A summary of the Policy will be disclosed in the section “Corporate Governance Report” of the Company’s annual report.

5. Review of the Policy

The Nomination Committee will from time to time review the Policy, as appropriate, to ensure the effectiveness of the Policy. The Nomination Committee will discuss any revisions that may be required and recommend any such revisions to the Board for consideration and approval.