Nomination and Remuneration Committee

Composition

The Nomination and Remuneration Committee shall comprise of at least three directors, all of whom shall be Non- Executive Directors.

Quorum

The quorum for a meeting of the nomination and remuneration committee shall be either two members or one third of the members of the committee, whichever is greater, including one independent director.

Frequency of meetings

The nomination and remuneration committee shall meet at least once in a financial year, or as frequently as determined by the board of directors of the Manager or as directed by the Trustee.