The board of directors of Asia Orient Holdings Limited announced that a nomination committee has been established by the Board with written terms of reference with effect from 23rd December 2021. The Nomination Committee comprises Mr. Fung Siu To, Clement, the chairman of the Board and the executive Director, as the chairman of the Nomination Committee and Messrs. Wong Chi Keung and Leung Wai Keung, both being the independent non-executive Directors, as the members of the Nomination Committee. Prior to 23rd December 2021, the Board was responsible for the nomination and appointment of new Directors, assessment of the independence of independent non-executive Directors, review of the structure, diversity, size and composition of the Board and other functions performed by a nomination committee under the Corporate Governance Code as set out in Appendix 14 to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.