Investors

Composition

The Committee is comprised entirely of non-executive directors. The current members are:

• John Ormerod (Chairman)
• Mike Clasper
• Archie Norman

Details of attendance at meetings during 2009 are set out in the How the Board Operates section.

Role

The role of the Committee is to:

• monitor the integrity of the consolidated and parent company financial statements;
• review the effectiveness of the Group’s internal control and risk management systems;
• review the Group’s arrangements for its employees to raise concerns, in confidence, about possible wrongdoing in financial reporting or other matters;
• monitor and review the effectiveness of the Group’s internal audit function; and
• consider and make recommendations to the Board in relation to the appointment, re-appointment, replacement and remuneration of the Company’s external auditor.

For the Committee’s Terms of Reference please see the Download section.

Activities in 2009

For details of the Committee’s activities in 2009 please see the Audit Committee report on page 50 of the 2009 Report and Accounts.