The members of the Remuneration Committee are:

• Stuard Detmer (Chairman)
• Ezio Bracco
• Anne Belvèze

Meetings will be held at least twice a year. The primary duty of the Remuneration Committee is to determine and agree with the Board the framework or broad policy for the remuneration of the Group’s Chief Executive Officer, Chairman, the Executive Directors, the Company Secretary and such other members of the executive management as it is designated to consider.

The remuneration of Non-executive Directors is a matter for the Chairman and the executive members of the Board. No Director may be involved in any decisions as to their own remuneration.

The terms of reference of the Remuneration Committee are included on the Company’s website.