Governance

Committees of the Board

The board has established three main committees: the audit committee, the remuneration committee and the nomination committee. At each scheduled board meeting, the chair of each committee provides a summary of any committee meeting held since the previous board meeting. The minutes of committee meetings are circulated to the board, when appropriate.

Audit Committee

  • The audit committee comprises only non-executive directors - Richard Atkins (who serves as its chair), Amanda Brown, Lawton Fitt, Karen Slatford and Robert Youngjohns.

    The audit committee reviews and monitors the integrity of the Group’s financial statements/ announcements, reporting processes (including financial and regulatory compliance), the effectiveness of internal controls and risk management. The committee also reviews the company’s viability assessment as well as managing the external auditor relationship.

    Role of the committee

    The audit committee reviews and monitors the integrity of the Group’s financial statements/ announcements, reporting processes (including financial and regulatory compliance), the effectiveness of internal controls and risk management. The committee also reviews the company’s viability assessment as well as managing the external auditor relationship.

    Activities

    The audit committee normally meets at least four times during each financial year and more frequently as required. For details of the activities undertaken in the last financial year, please see the latest Audit Committee Report.

    Terms of reference

    The Audit Committee Terms of Reference can be found here.

Remuneration Committee

Nomination Committee

release-rel-2020-11-1-5433 | Wed Nov 11 20:52:47 PST 2020
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Wed Nov 11 20:52:47 PST 2020