The Board delegates responsibility for key governance and compliance procedures to the Audit, Nominations and Remuneration Committees as described below.
Audit Committee
Shaun McCabe – Chair of the Audit Committee
Role and terms of reference
Reviews and reports to the Board on the Group’s financial reporting, internal control and risk management systems, whistleblowing, internal audit and the independence and effectiveness of the external auditors Download our Audit Committee Terms of Reference
Membership required under terms of reference
- At least three independent Non-Executive Directors
Minimum number of meetings per year
Three
Remuneration Committee
Peter Pritchard – Chair of the Remuneration Committee
Role and terms of reference
Responsible for all elements of the remuneration of the Executive Directors and the Chairman, the Company Secretary and Senior Management. Download our Remuneration Committee Terms of Reference
Membership required under terms of reference
- At least two independent Non-executive Directors (or such number as is required from time to time by the UK Corporate Governance Code)
Minimum number of meetings per year
Three
Nomination Committee
Geoff Cooper – Chairman of the Nomination Committee
Role and terms of reference
Reviews the structure, size and composition of the Board and its Committees and makes appropriate recommendations to the Board. Download our Nomination Committee Terms of Reference
Membership required under terms of reference
- At least two members (or such number as is required from time to time by the UK Corporate Governance Code), the majority of which should be independent Non-executive Directors
Minimum number of meetings per year
Twice