The following committees deal with specific aspects of the Group's affairs:
The audit and risk committee is chaired by Nicholas Taylor with John Booth and Annette Nabavi being the other members. The chief executive, chief financial officer and group financial controller attend meetings as appropriate, as do the external auditors.
The remit of the committee is to:
The audit committee convenes at least twice a year.
The board is satisfied that Nicholas Taylor has adequate recent and relevant commercial and financial knowledge and experience to chair the committee; it also considers that both Annette Nabavi and John Booth has such knowledge and experience.
The remuneration committee is chaired by Annette Nabavi, its other members being John Booth and Nicholas Taylor. The committee meets at least once a year. The committee's report to shareholders on directors' remuneration is set out on pages 42 to 47 of the 2018 Annual Report, and describes the remit of the committees.
The nomination committee has three members, all non-executive, and is comprised of John Booth, chairman, Nicholas Taylor and Annette Nabavi. The committee meets at least once a year and otherwise as required under the terms of its remit.
The committee's remit includes:
The full terms of reference of each of the committees are available from the Company secretary.