.st0{fill:#004B93;} K3 Capital Group PLC HOME // INVESTORS // CORPORATE GOVERNANCE Corporate Governance The K3 Capital Group plc Board recognises its responsibility towards good and competent corporate governance. The Board is aligned in promoting long-term shareholder value and as such has adopted the Quoted Companies’ Alliance Corporate Governance Code (QCA Code). The Board feels that the QCA Code is appropriate to allow K3 Capital Group plc to fulfil its obligations to stakeholders. The QCA Code states that corporate governance is fundamentally about culture. Throughout FY21, K3 Capital Group has continued to promote a healthy and proactive ethos ensuring that all stakeholders are at the forefront of decision making. Roles & Responsibilities Ian Mattioli, as Group Chairman, assumes responsibility for leading the Board and ensuring that the Group’s corporate governance is appropriate and effective. The Chairman is also responsible for ensuring the Board agenda is effective in recognising the financial and operational matters allowing for effective delivery of the Group strategy. The Chairman is not responsible for the day to day operations of K3 Capital Group plc; such responsibilities are managed by the Group CEO, John Rigby. Executive & Non-Executive Directors K3 Capital Group plc has a Non-Executive Chairman and three independent Non-Executive Directors (NED), led by a Senior Independent Director (SID) whose responsibility is to provide scrutiny and direction of the performance of the Executive Directors. The SID also chairs the Audit committee and is a member of both the Remuneration and Nomination committees. The four Executive Directors have the responsibility of delivering the Board strategy on a day to day basis and reporting back on their progress. This page was last updated: 01 November 2021 The ten principles that form the QCA Code are outlined on the following pages, with commentary on how K3 Capital Group plc complies with each principle: PRINCIPLE 1 PRINCIPLE 2 PRINCIPLE 3 PRINCIPLE 4 PRINCIPLE 5 PRINCIPLE 6 PRINCIPLE 7 PRINCIPLE 8 PRINCIPLE 9 PRINCIPLE 10 Establish a strategy and business model which promote long-term value for shareholders The Group’s strategy is set out on pages 19 to 33 of the FY21 Annual Report. The Group’s Executive Directors and senior management team have regular meetings throughout the year to focus on the Group’s five year rolling strategic plan. The strategy is communicated to all staff members at corporate team briefs and separate team meetings. Marketing Strategy As a marketing centric company, direct marketing plays an important role in the development of each subsidiary’s reputation and growth. Marketing is embedded within the culture of the Group with every Director and employee aligned to preserve and improve upon the Group’s reputation within its marketplace. Regular marketing meetings are held between senior management, and it is given particular focus at Board meetings to ensure marketing activity is aligned to the Group’s vision of targeting higher value clients. Technology Strategy To maintain costs and economies of scale, significant importance has been placed on the Group’s technology base over recent years. Several new developments have streamlined working practices, encouraged greater client communication and improved the quality of data held by the Group. The Board see the development of systems and platforms as an ongoing commitment. Employment Strategy The wide-ranging nature of the services that the Group now offers means that it is partially reliant on forging good relationships with clients, referrers of work, professional networks, suppliers, and potential acquirers amongst other professional groups. Whilst technology has aided such relationships through greater communication, a personal relationship with K3 employees is essential. Ongoing training, development and monitoring of individuals is designed to improve both knowledge and customer service with the requirements of the client the key factor in any development plans put in place. RELATED PAGES Strategy Share Price Information Regulatory news Corporate Governance Committees Significant Shareholders Documents Advisers AIM Rule 26 Privacy Policy Cookie Policy Disclaimer Registered address: KBS House 5 Springfield Court Summerfield Road Bolton BL3 2NT © K3 Capital Group PLC 2021 Registered number: 06102618 A list of Directors is available for inspection at the registered address. Website by BRIGHTER*IR