E. BOARD COMMITTEES

The following information for each of the audit committee, remuneration committee, nomination committee, risk committee (if any), and corporate governance functions:
 
(a)    the role and function of the committee;
 
(b)    the composition of the committee and whether it comprises independent non-executive directors, non-executive directors and executive directors (including their names and identifying the chairman of the committee);
 
(c)    the number of meetings held by the committee during the year to discuss matters and the record of attendance of members, by name, at meetings held during the year; and
 
(d)    a summary of the work during the year, including:
 
  (i)    for the audit committee, a report on how it met its responsibilities in its review of the quarterly (if relevant), half-yearly and annual results, and unless expressly addressed by a separate risk committee, or the board itself, its review of the risk management and internal control systems, the effectiveness of the issuer’s internal audit function, and its other duties under the Corporate Governance Code. Details of non-compliance with rule 3.21 (if any) and an explanation of the remedial steps taken by the issuer to address non-compliance with establishment of an audit committee;
 
  (ii)    for the remuneration committee, determining the policy for the remuneration of executive directors, assessing performance of executive directors and approving the terms of executive directors’ service contracts, performed by the remuneration committee. Disclose which of the two models of remuneration committee described in code provision E.1.2(c) was adopted;
 
  (iii)    for the nomination committee, disclosing the policy for the nomination of directors during the year. This includes the nomination procedures and the process and criteria adopted by the nomination committee to select and recommend candidates for directorship during the year;
 
  (iv)    for the risk committee (if any), a report on how it met its responsibilities in its review of the risk management and internal control systems and the effectiveness of the issuer’s internal audit function; and
 
  (v)    for corporate governance, determining the policy for the corporate governance of the issuer, and duties performed by the board or the committee(s) under code provision A.2.1.