Nomination Committee

The Nomination Committee will assist the Board in discharging its responsibilities relating to the composition of the Board, performance of Board members, induction of new Directors, appointment of committee members and succession planning for senior management. 

The Nomination Committee will be responsible for evaluating the balance of skills, knowledge, diversity and experience on the Board, the size, structure and composition of the Board, retirements and appointments of additional and replacement Directors and will make appropriate recommendations to the Board on such matters. 
The Nomination Committee will prepare a description of the role and capabilities required for a particular appointment.

The UK Corporate Governance Code provides that a majority of the members of the Nomination Committee should be independent non-executive Directors. The Company’s Nomination Committee will be comprised of three members, all of whom are independent Non-Executive Directors.

Nomination Committee members:

1. Mr. Farooq Arjomand
2. Professor John Wright
3. Mr. Ayalur Subbaraman

The chairman of the Nomination Committee will be Mr Farooq Arjomand.

The Company therefore considers that it will comply with the UK Corporate Governance Code recommendations regarding the composition of the Nomination Committee.

The Nomination Committee will meet formally at least twice a year and otherwise as required. The duties and activities of the Nomination Committee during the year will be disclosed in the Company’s annual report.