Corporate Governance

The Company recognises the importance of sound corporate governance and adopts a comprehensive range of policies and systems to ensure that the company is well managed, with effective oversight and control

Corporate Governance

The Company recognises the importance of sound corporate governance and adopts a comprehensive range of policies and systems to ensure that the company is well managed, with effective oversight and control

The Audit Committee

The audit committee is chaired by Anthony Binnie and meets at least twice each year being responsible for monitoring the quality of internal control, ensuring that the financial performance of the Company is properly measured and reported on, meeting with the auditors and reviewing reports from the auditors relating to accounting and internal controls.

The Audit Committee

The audit committee is chaired by Anthony Binnie and meets at least twice each year being responsible for monitoring the quality of internal control, ensuring that the financial performance of the Company is properly measured and reported on, meeting with the auditors and reviewing reports from the auditors relating to accounting and internal controls.

The Remuneration Committee

The remuneration committee is chaired by Anthony Binnie and its primary purpose is to support the remuneration process. The committee is responsible for setting the over-arching principles of our Remuneration Policy. The Policy is designed to support the delivery of business strategy and to create value for shareholders. The committee meets as often as it deems necessary and at least annually to discharge its responsibilities and to support good decision making by the Board.

The Remuneration Committee determines and reviews the performance and the terms of service of the directors, including salary, incentives and benefits, and makes recommendations to the Board. The Remuneration committee also makes recommendations to the Board on proposals for the granting of share options scheme or equity incentive plans in operation from time to time.

The committee shall, at least once a year, review its own performance, constitution and terms of reference to ensure it is operating at maximum effectiveness and recommend any changes it considers necessary to the Board for approval. Appointments to the Committee shall be for periods of up to three years, which may be extended for further periods of three years as and when required.

The Remuneration Committee

The remuneration committee is chaired by Anthony Binnie and its primary purpose is to support the remuneration process. The committee is responsible for setting the over-arching principles of our Remuneration Policy. The Policy is designed to support the delivery of business strategy and to create value for shareholders. The committee meets as often as it deems necessary and at least annually to discharge its responsibilities and to support good decision making by the Board.

The Remuneration Committee determines and reviews the performance and the terms of service of the directors, including salary, incentives and benefits, and makes recommendations to the Board. The Remuneration committee also makes recommendations to the Board on proposals for the granting of share options scheme or equity incentive plans in operation from time to time.

The committee shall, at least once a year, review its own performance, constitution and terms of reference to ensure it is operating at maximum effectiveness and recommend any changes it considers necessary to the Board for approval. Appointments to the Committee shall be for periods of up to three years, which may be extended for further periods of three years as and when required.