Audit Committee
HE Richardson, Chairman
DH Stewart
DJR Fletcher
Audit Committee
The Committee meets at least twice each year to consider the Company’s public reports and to review the work of the external auditors. The Committee satisfies itself that the auditors remain independent and monitors the level of non-audit services supplied to the group. The auditors confirm their independence in writing to the Committee on an annual basis.
Remuneration Committee
DH Stewart, Chairman
HE Richardson
DJR Fletcher
Remuneration Committee
The Committee meets as and when appropriate and, with the help of periodic reports from independent remuneration consultants, is responsible for recommending Directors’ remuneration, the terms and conditions of their service contracts, and the allocation of options to Directors. Except for the fact that the Remuneration Committee did not exclusively contain non-executive Directors, the Remuneration Committee complied with Section A of the best practice provisions of the Listing Rules. |
