Remuneration Committee
The Remuneration Committee is responsible for formulating and recommending to the Board the remuneration policy, determining and reviewing, with delegated responsibility, the remuneration of the Executive Directors and members of senior management of the Company, reviewing matters relating to share scheme(s) of the Company, as well as reviewing and making recommendations on the grant of share options under the Company’s share option scheme, bonus structure, provident fund and other compensation-related issues. Details of remuneration paid to the Directors are set out on pages 97 to 98 in the Company’s 2023/24 Annual Report. The Remuneration Committee consults the Chairman and/or Chief Executive Officer on its proposals and recommendations, and also has access to independent professional advice if deemed necessary. The Remuneration Committee is also provided with sufficient resources enabling it to perform its duties. The specific terms of reference of the Remuneration Committee are posted on the websites of the Company and Hong Kong Exchanges and Clearing Limited.
The Remuneration Committee currently comprises five members. The majority of the members of the Remuneration Committee is Independent Non-Executive Directors.
- King Yeo-chi, Ambrose (Committee Chairman)
- Fung Yuk-lun, Allen
- Cheung Wing-yui
- Li On-kwok, Victor
- Wong Kai-man