The Board of Directors, which consists of the Chairman, Chief Executive Officer, Group Finance Director and independent Non-Executive Directors, meets at least ten times throughout the year. The Directors have access to independent professional advice in executing their duties on behalf of the Company.
The Audit Committee, which consists of the Non-Executive Directors, Kevin Craig and David Dannhauser (Chairman) and has specific terms of reference and meets with the auditors at least twice a year. The Committee reviews the financial statements prior to their recommendation to the Board for approval and assists the Board in ensuring that appropriate accounting policies, internal financial controls and compliance procedures are in place.
The Nominations Committee consists of the Non-Executive Directors Kevin Craig (Chairman) and David Dannhauser and chaired by Serena Lang the Chairman, is responsible for reviewing the structure, size and composition of the Board and its Committees and evaluating potential candidates for nomination when and if it is deemed necessary to appoint a new Director to the Board. The Committee makes its recommendations to the full Board for its consideration and approval.