Board Committees

The Board has established both Audit and Remuneration Committees, each with defined terms of reference.

The Audit Committee comprises the non-executive directors. It is responsible for ensuring that the financial performance of the Group is properly reported on and monitored, for meeting the auditors and reviewing the reports from the auditors relating to the financial statements.

The Remuneration Committee comprises the non-executive directors as members. It meets at least twice each year and reviews the performance of the executive directors and sets the scale and structure of their remuneration having due regard to the interests of the shareholders. The Committee also manages the share option schemes.

• Audit Committee Terms of Reference
• Remuneration Committee Terms of Reference