The Audit Committee    

The Audit Committee is comprised of two directors with Patrick Mahony as chairman and Gary Moore as the other director. The Committee meets at least twice a year and the External Auditors have the opportunity to meet with the Committee without any executive management being present. The Committee´s terms of reference include the review of the Interim and Annual Accounts, review of internal controls, risk management and compliance procedures, consideration of the Company accounting policies and all issues with the annual audit.

The Remuneration Committee    

The Remuneration Committee is comprised of two directors with Gary Moore as chairman and Michael Burchell as the other director. The Committee determines the contract terms, remuneration and other benefits of the directors and senior employees. The Committee meets as required, but at least twice a year.