The Company holds board meetings regularly throughout the year at which operating and financial reports are considered. The Board is responsible for formulating, reviewing and approving the Groupâs strategy, budgets, major items of capital expenditure and senior personnel appointments.
The members of the Committee are Rupert Hambro and Alasdair Hadden-Paton. The Audit Committee is responsible for ensuring that the financial performance of the Company is properly reported and monitored and for meeting the auditors and receiving their reports relating to the Company's financial statements and internal control systems. The Committee normally meets twice a year, with further meetings as circumstances require.
The members of the Committee are Rupert Hambro and Alasdair Hadden-Paton. The Committee is responsible for reviewing the performance of the executive directors and to set the scale and structure of their remuneration and the basis of their service agreements with due regard to the interests of the shareholders. The Remuneration Committee also approves the grant of share options to employees.