The Board comprises Executive Directors and, in a majority, Non-Executive Directors. The independence of Non-Executive Directors is considered by the Board and reviewed at least annually, based on the criteria suggested in the Corporate Governance Code 2024 (‘the Code’).

Following this review for FY2025, the Board concluded that all the Non-Executive Directors continue to remain independent in character and judgement and are free from any business or other relationship that could materially interfere with the exercise of their independent judgement in accordance with the Code.

All Board appointments are subject to continued satisfactory performance following the Board’s annual performance review. The Nomination Committee leads the process for Board appointments and makes recommendations to the Board for approval.

The Board’s Diversity Policy, can be found here and more information on how the Board operates, is found in our most recent Annual Report and Accounts.

The principal Board Committees are the Audit Committee, the Remuneration Committee, the Nomination Committee and the Sustainability Committee. There is also a Disclosure Committee that meets as required. More information on the operation of the Board Committees can be found below including their members and Terms of Reference.