COMMITTEES

The Board has established five standing committees to effectively implement its oversight function and ensure focus on matters of strategic importance.

Audit and Risk Committee – Responsible for overseeing the Group Audit, managing internal audits and periodic internal investigations, identifying, evaluating and monitoring risks across the Group and formalising risk management programmes consistent with the Group’s risk tolerances.

HR and Compensation Committee – Responsible for assisting and supporting the Board with the design and implementation of a consistent and robust HR policy and reviewing certain compensation matters.

Key KPIs

28% Women 4/7 Directors independent

Investment Committee – Responsible for reviewing and assessing all proposed investments against the company’s strategy, risk appetite and growth objectives.

Performance Committee – Responsible for reviewing the operational and financial performance of the Group, driving enhanced performance through recommendations and oversight of the implementation process.

4 Board 28 Committee Meetings in 2022

Development Committee – Responsible for deploying allocated capital within pre-agreed risk parameters and responsible for the implementation of Sonnedix’s development initiatives.

Each committee operates under a written charter that sets forth the purpose and responsibilities of the committee. Each committee is chaired by a Director who, in accordance with the committee charter, determines the agenda, and the frequency and length of the meetings.

4.1yrs Median director tenure

All committees report regularly to the full Board with respect to their activities.