The Remuneration Committee is chaired by Gillian Kent with Steve Halbert and Tim Aspinall as the other members. The Remuneration Committee is expected to meet not less than twice a year and at such other times as required. The Remuneration Committee has responsibility for determining, within the agreed terms of reference, the Group’s policy on the remuneration packages of the Company’s chief executive, the chairman, the executive and non-executive Directors, the Company secretary and other senior executives. The Remuneration Committee also has responsibility for: (i) determining the total individual remuneration package of the chairman, each executive Director and the chief executive officer (including bonuses, incentive payments and share options or other share awards); and (ii) determining the total individual remuneration package of the Company secretary and all other senior executives (including bonuses, incentive payments and share options or other share awards), in each case within the terms of the Group’s policy and in consultation with the chairman of the Board and/or the chief executive officer. No director or manager may be involved in any discussions as to their own remuneration.