Corporate governance

The primary role of the committee is to ensure the integrity of the financial and non-financial reporting and auditing processes and monitor the effectiveness of the Group’s internal control, governance and risk management systems. This ensures there are continuing appropriate levels of external and internal audit and risk assessment to cover all material risks (including fraud) and controls, including financial, operational and compliance processes and procedures and non-financial reporting, including, in particular, assurance over the Company’s compliance with TCFD reporting. The committee is also responsible for oversight of the Group’s relationship with the external auditor.

Chair: Caroline Banszky

Members: Victoria Cochrane, Rita Dhut, Robert Lister

The primary purpose of the committee is to develop, maintain and lead the process for board and committee appointments and reappointments, including making recommendations to the relevant board. The committee will also ensure that plans are in place for orderly succession to both the board and senior management positions for the Group and oversee the development of a diverse pipeline.

Chair: Richard Cranfield

Members: Alex Scott, Victoria Cochrane, Irene McDermott-Brown, Rita Dhut, Robert Lister

The Remuneration Committee assists the board in determining its responsibilities in relation to remuneration, including making recommendations to the board on the Company’s policy on executive remuneration (and reviewing the ongoing appropriateness, effectiveness and relevance of the Group’s remuneration policy). In addition, the Remuneration Committee is responsible for setting the remuneration and benefits packages of each of the executive directors and senior managers.

Chair: Irene McDermott-Brown

Members: Richard Cranfield, Victoria Cochrane, Rita Dhut, Robert Lister