Question

Role of remuneration committee in corporate governance

Answer 1

The function of the Remuneration Committee is to assist the Board in fulfilling its corporate governance responsibilities with respect to remuneration by reviewing and making appropriate recommendations to the Board on: the Company's remuneration framework for directors; ... remuneration by gender.

Answer 2

The Remuneration Committee is responsible for determining the approach to and all elements of remuneration including incentive schemes for the executive directors, other members of the Group Executive Committee, the company secretary and the chairman of the board. ... No individual determines their own remuneration.