China Aircraft Leasing updates remuneration and nomination committee terms

China Aircraft Leasing Group Holdings Limited has announced revisions to the terms of reference for both its Remuneration Committee and Nomination Committee, following board resolutions passed on June 27, 2023, and further amended on July 8, 2025. The Remuneration Committee's updated terms emphasize attracting and retaining directors with appropriate remuneration policies, consulting with the chairman and CEO on executive compensation, and ensuring no director decides on their own pay. The committee is also empowered to review service contracts, recommend remuneration packages, and obtain external advice as necessary. Similarly, the Nomination Committee's revised terms focus on board structure, diversity (specifically gender balance), and succession planning. Key responsibilities include identifying qualified board candidates, assessing director independence, and regularly reviewing the board's composition and performance. The modifications for both committees aim to ensure effective corporate governance and compliance with listing rules.