Audit Committee
The Audit Committee is chaired by Brian Walden and its other members are Bob Geldof and Tim Hoare, all of whom are independent non-executive directors. Members of the committee have broad financial experience which has been gained in a variety of disciplines, and which the Board considers appropriate to enable the committee to carry out its responsibilities. The committee meets at least twice a year.
Remuneration Committee
The Remuneration Committee is chaired by Brian Walden and its other members are Bob Geldof and Tim Hoare. The committee is responsible for formulating and recommending policy on executive remuneration. Within the terms of the agreed policy, the committee approves the specific components of remuneration packages of all executive directors and the chairman. It also reviews the general remuneration framework for senior executives and makes awards under the company’s option and incentive plans.