First Service Holding Shapes Executive Pay Committee

First Service Holding Limited (HK:2107) has released an update.

First Service Holding Limited has established a remuneration committee comprising mainly independent non-executive directors, with a minimum of three members, as mandated by the board’s resolution on September 28, 2020. The committee, which is responsible for executive pay and compensation policies, will meet at least once annually, with additional meetings convened as necessary. Its proceedings allow for electronic participation and require a quorum with at least one independent director present.

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