The Group has adopted the QCA Corporate Governance Code (“the Code”) as the benchmark for measuring our adherence to good governance principles. These principles provide us with a clear framework for assessing our performance as a Board and as a Company. The following document shows how we apply the Code’s ten guiding principles in practice:
Board Committees
The Board has established three committees: the Audit, Remuneration and Nomination Committees. They are composed solely of non-executive directors. Mark Wells is the Chair of the Nomination Committee, Bruce Powell MBE is the Chair of the Audit Committee and Max Royde is Chair of the Remuneration Committee. The terms of reference for all three committees are set out in the following document: