The Board of Directors consists of a non-executive Chairman
and two non-executive Directors. The Board will meet
regularly and will be responsible for providing strategic
direction, identifying significant business risk, approving
major investment proposals and acquisitions, establishing
goals and monitoring the achievement of these goals.
The full Board is responsible for establishing criteria
for Board membership, reviewing Board membership and
nominating directors for appointment to the Board. Candidates
are initially appointed by the Board and must stand
for election at the next general meeting of Shareholders.
Independent non-executive Directors are selected on
the basis of ensuring that the Board has an appropriate
mix of qualifications, skills and experience, and are
subject to retirement by rotation in accordance with
the Company's Constitution.
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