HR & Nominations Committee

The HR and Nominations Committee of the Board consist of three (3) non-executive directors of the Board, chaired by Mr D Smollan.

The role of this committee is to consider and advise the Board on the Company’s general framework on remuneration of employees of the Company, as well as matters relating to performance and human resources aspects of the business generally. The Committee is also responsible for the nomination for the non-executive directors to serve on the Board.

The Audit and Risk Committee

The Audit and Risk Committee of the Board consists of 4 non-executive directors, Mr G Kirk, Mr B Botten, Ms C Maponya and it is chaired by Mr R Behrens. The committee is appointed and performs its function as set out in section 94 (7)(f) of the Companies Act, 2008 and its terms of reference.

The purpose of the Committee is to assist the Board in discharging its duties relating to the safeguarding of assets; risk evaluation and risk management; the operation of adequate financial and administrative systems including internal control; accurate reporting to members and other stakeholders and provision of financial statements in compliance with all applicable legal requirements and accounting standards; and compliance with relevant laws, regulations and procedures.