The Board is responsible to shareholders for the proper management of the Group.

The Board comprises a Chief Executive Officer, Non-Executive Chairman and four further Non-Executive Directors.

The Board meets at least quarterly and as issues arise which require Board attention and has a formal schedule of matters specifically referred to it for decision. In addition to those formal matters required by the Companies Act(s) to be set before a board of directors, the Board will also consider strategy and policy, acquisition and divestment proposals, approval of major capital investments, risk management policy, significant financing matters and statutory shareholder reporting.