Regarding expectations around equity: A requirement to strive for inclusive leadership sounds sensible. I would refer back to the language used in this part of the Roles & Responsibilities recommendations:
"Wikimedia movement organisations will be governed by inclusive, diverse, and accountable boards. They will actively review and reflect on their own performance and composition, and take steps to ensure their membership includes people from a range of backgrounds and experiences reflecting the diversity of the communities and partners they seek to serve as well as the skills required, and to dedicate time and effort to the onboarding, training and development of Board members…
“Wikimedia organisations will continue to work in a wide range of contexts and exist at a range of levels of size and maturity. For this reason we have avoided setting out too much detail - for instance, we have consciously avoided trying to set quotas. We envisage that there would be a set of common standards (embodied in the movement charter) which are expected of large and well-established organisations, while these standards would represent an aspiration for smaller and newer organisations.”