Investors

Composition

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

• Andy Haste (Acting Chairman)
• Mike Clasper
• Archie Norman
• John Ormerod

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:

• approve the remuneration strategy and policy for executive directors and senior executives of the Company (together the Senior Executive Group);
• review the ongoing appropriateness and relevance of the remuneration policy; and
• approve the design of, and determine targets for, the Company’s annual bonus arrangements and share incentive plans, and determine the level of awards made under them as they apply to the Senior Executive Group.

The Committee also maintains an active dialogue with shareholder representatives. 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 Remuneration report on page 53 of the 2009 Report and Accounts.