The board of directors of Mongolia Energy Corporation Limited announced that a nomination committee has been established by the Board with written terms of reference with effect from 30 December 2021. The members of the Nomination Committee shall comprise such directors of the Company appointed by the Board. The Board has appointed Mr. Lau Wai Piu, Mr. Lee Kee Wai, Frank and Mr. Tsui Hing Chuen, Willaim JP as members of the Nomination Committee and Mr. Lo Lin Shing, Simon has been appointed as the chairman of the Nomination Committee. A majority of the committee members are independent non- executive directors.