Board and Executive Performance Evaluation 

The Remuneration and Nomination Committee, which is comprised of the three non-executive directors and chaired by Robert Seidler, has the responsibility for monitoring and making recommendations on Board and the Chief Operating Officer’s performance. The committee’s charter gives the committee the responsibility to make recommendations to the Board on issues relating to executive performance, remuneration policies, superannuation and equity plans to ensure that executives and the Board are remunerated fairly given market conditions and the Group’s performance.

In addition, the Board is subject to an annual self-assessment of its performance.