It decides the direction and strategy of the Group and ensures the best performance of Group resources for shareholders. To enable it to do this, it has agreed a schedule of matters reserved for its decision. It also receives a monthly review of performance and regular reviews on key aspects of the Group s activities. The Chairman briefs Directors on issues arising at the Board, which has adopted a process for self-assessment of its operation and performance. Directors have access to the advice and services of the company secretary and have the right to obtain independent legal advice in connection with the Group s business at its expense.
Directors receive induction and continued training.
The Nomination Committee has written terms of reference to consider new Board appointments and makes recommendations to the Board. It met once during the year. The Remuneration and Audit Committees are described below. All members are independent non-executive directors. The Science and Engineering Advisory Committee is chaired by Professor Michael Brady and includes external members.