Yuexiu Transport Infrastructure Limited released revised Terms of Reference for its Nomination Committee, effective 19 August 2026, detailing enhanced governance standards and diversity requirements.

The Committee’s composition must include at least three directors, with a majority being independent non-executive directors and a minimum of one director of a different gender. Members are appointed, replaced, or removed by the Board.

The Board will designate the Committee chair, who must either be the Board chair or an independent non-executive director. Meetings require a two-member quorum and will be held at least annually, with the Company Secretary acting as secretary and ensuring full minutes are kept.

Authority is granted for the Committee to seek independent professional advice at the Company’s expense, and the Board must provide sufficient resources to fulfil its tasks.

Key responsibilities include: • Annual review of Board structure, size, and skills, supported by a board skills matrix. • Identification and recommendation of director candidates and oversight of succession planning, particularly for the chair and general manager roles. • Annual assessment of independent non-executive directors’ independence and the effectiveness of related assessment mechanisms. • Ongoing evaluation of the director nomination policy, board diversity policy, and workforce diversity policy, including measurable objectives and implementation effectiveness. • Regular assessment of each director’s time commitment, qualifications, external mandates, and overall contribution. • Support for the Company’s periodic Board performance evaluations and directors’ continuous professional development.

The Committee chair, or a delegate, will attend the annual general meeting to address shareholder questions related to nomination matters. Any future amendments to the Terms of Reference require Board approval, and the document will be available on both the Company’s and the Hong Kong Stock Exchange’s websites.