The members of the Nomination Committee are:

• David Herbert (Chairman)
• Anne Belvèze
• Stuard Detmer

Meetings will be held at least twice a year. The Nomination Committee’s terms of reference ,which are included on the Company’s website, are to review regularly the structure, size and composition (including the skills, knowledge and experience) required of the Board compared to its current position and make recommendations to the Board with regard to any changes.

The Nominations Committee also considers future considerations of the composition of the Board, taking into account the challenges and opportunities facing the Group, and what skills and expertise are needed on the Board. It is the intention to review succession plans for key management roles, including the Executive Directors, on an ongoing basis.

All the current Board appointments were made prior to the IPO. The Board did not consider it appropriate to use an external search agency or open advertising as part of the IPO recruitment process. The Nominations Committee will review the use of external search agencies for future appointments when considering new appointments.