The Nomination and Remuneration Committee (“NRC”), chaired by Simon Davies with members Charles Cade, Low Suk Ling and Edphawin Jetjirawat meet at least annually, or more frequently as needed. The NRC oversees the Board’s structure, size, and composition, ensuring an appropriate balance of skills, knowledge, experience, and diversity. It recommends changes to the Board’s composition and develops succession plans for non-executive Directors, including the Chair, Senior Independent Director, and all committee members. Furthermore, the NRC is responsible for establishing and reviewing the remuneration levels for the Directors, ensuring they are appropriate and aligned with market practices.