Corporate Governance

The Directors are responsible for carrying out the Company’s objectives, implementing its business strategy and overall supervision of the Company’s activities

The Board will provide leadership within a framework of prudent and effective controls. The Board established the corporate governance framework of the Company and has overall responsibility for setting the Company’s strategic aims, defining the business plan and strategy and managing the financial and operational resources of the Company.

The Board schedules quarterly meetings and holds additional meetings as and when required. The expectation is that this will result in more than four meetings of the Board each year.

In order to implement its business strategy, the Company has adopted the corporate governance structure set out below.

The provisions of the QCA Code that have been adopted by the Company are set out below. This will be reviewed and updated as appropriate.