Remuneration committee

THE REMUNERATION COMMITTEE IS CHAIRED BY LYNNE WEEDALL, AND THE OTHER MEMBERS ARE MIKE COUPE, IAN DURANT and rob rowley. ALL THE MEMBERS ARE CONSIDERED BY THE BOARD TO BE INDEPENDENT.

The role of the committee includes determining the remuneration policy for the executive directors and the chairman and fixing the total individual remuneration package of each of the executive directors, considering the granting of share options and awards under the long-term incentive plan and determining bonuses payable to the executive directors.

The remuneration committee meets at least three times each year. The chairman and the chief executive, at the request of the committee, attend its meetings. The chairman does not participate in any discussions relating to his own remuneration. The chief executive is consulted by the committee on its proposals, but does not participate in any discussions relating to his own remuneration.

Details of the company's policies on remuneration, service contracts and compensation payments are set out in the directors' remuneration report.

Download the remuneration committee terms of reference (PDF 80KB)