Corporate Governance
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Board Diversity Policy
KINGDOM HOLDINGS LIMITED
(Incorporated in the
("the Company")
BOARD DIVERSITY POLICY
(Adopted by the Company pursuant to the Board
resolution passed on August 23th, 2013)
1.
PURPOSE
This Board Diversity Policy (the "Policy")
aims to set out the approach to diversity on the board of directors (the "Board") of the Company.
2.
SCOPE
This Policy applies to the Board of the
Company. It does not apply to diversity
in relation to the employees of the Company, nor the Board and the employees of
any subsidiary of the Company.
3.
POLICY STATEMENT
The Company recognizes and embraces the
benefits of having a diverse Board and sees increasing diversity at the Board
level as an essential element in maintaining the Company's competitive
advantage.
The Nomination Committee will review annually
the structure, size and composition of the Board and where appropriate, make
recommendations on changes to the Board to complement the Company's corporate
strategy. In relation to reviewing and
assessing the Board composition, the Nomination Committee will consider a
number of aspects, including but not limited to gender, age, cultural and
educational background, professional qualifications, skills, knowledge and
industry and regional experience.
4.
MEASUREABLE OBJECTIVES
The Nomination Committee will discuss and
agree on the measurable objectives for achieving diversity on the Board and
recommend them to the Board for adoption.
The Company aims to maintain an appropriate balance of diversity
perspectives of the Board that are relevant to the Company’s business growth.
5.
MONITORING AND REPORTING
A summary of this Policy and where
applicable, the measureable objectives that the Board has adopted for
implementation of this Policy and the progress made towards achieving these
objectives, should be disclosed annually in the Company's Corporate Governance
Report.
6.
REVIEW OF THE POLICY
The Nomination Committee will review this Policy
as appropriate
and
recommend revisions, if any, to the Board for
consideration and approval.
Note: If there is any inconsistency between the English and Chinese versions of this document, the English version shall prevail.