Board evaluation

The board has been committed to an on-going self-evaluation process since 2018, the most recent having been completed in 2021. As part of an internally conducted exercise board members were invited to provide anonymous feedback to the company secretary by way of free comments within topic areas including board composition and structure, skills, areas of responsibility, conduct of meetings, decisions-making, committees, culture, risk management, stakeholder engagement, board evaluation and effectiveness of the chair, The comments, which revealed significant consensus among board members, were compiled into a report by the company secretary, forming the basis of a board discussion led by the chairman. This resulted in a number of agreed areas of fucus, which included board composition and succession planning, recommendations in connection with the remuneration and audit committees and ongoing work on risk and board evaluation.