Audit Committee
Martin Hull, Chair
Christian Yates
The Company has established an audit committee, which comprises Martin Hull (Chairman) and Christian Yates. The audit committee’s main functions include, inter alia, reviewing and monitoring internal financial control systems and risk management systems on which the Company is reliant, considering annual and interim accounts and audit reports, making recommendations to the Board in relation to the appointment and remuneration of the Company’s auditors and monitoring and reviewing annually their independence, objectivity, effectiveness and qualifications.
Remuneration Committee
Christian Yates, Chair
Martin Hull
Following James Parsons stepping down from the Board Christian Yates re-assumed the position of Chair of the Committee. Christian had chaired the Committee prior to November 2023 when James had taken over for the
period until his departure in June 2024. Martin Hull has recently joined the Committee as a member.
In 2023 the Remuneration Committee unusually only met once matters regarding directors’ and executive remuneration. The Committee would usually meet at least twice but given the number of changes to the Board
and the financial position of the Company many matters were dealt with by the Board as a whole.
During the year ended 31 December 2023, the Committee met once to discuss the remuneration of the executive team, including the executive director
Nominations Committee
Christian Yates, Chair
Martin Hull
Following James Parsons stepping down from the Board Christian Yates re-assumed the position of Chair of the Committee. Christian had chaired the Committee prior to November 2023 when James had taken over for the
period until his departure in June 2024. Martin Hull has recently joined the Committee as a member.
The Nominations Committee is responsible for Board recruitment and succession planning. Keeping under review the leadership of the organisation and ensuring that the Board has the right skill set required for the business. During 2023 the Committee did not formally meet.
