Corporate Governance At Science In Sport PLC

It is the Board's responsibility to ensure that Science in Sport plc is managed for the long-term benefit of all shareholders, with effective and efficient decision-making. Corporate governance is an important part of that job, reducing risk and adding value to our business.

The Board have adopted the Quoted Companies Alliance (QCA) Corporate Governance Code in line with the London Stock Exchange’s recent changes to the AIM Rules requiring all AIM-listed companies to adopt and comply with a recognised corporate governance code. Our report sets out in broad terms how we comply at this point in time. We will provide annual updates on our compliance with the code. To view the latest version of our report, Click Here

Remuneration Committee

The remuneration committee consists of the Chairman and the non-executive Directors. It is chaired by Tim Wright and meets as required during the year.

The committee reviews the performance of the executive Directors and sets and reviews the scale and structure of their remuneration and the basis of their remuneration and the terms of their service agreements with due regard to the interests of Shareholders. In determining the remuneration of executive Directors, the remuneration committee seeks to enable the Company to attract and retain executives of the highest calibre.

The remuneration committee also makes recommendations to the Board concerning the allocation of share options to employees.

No Director or Proposed Director is permitted to participate in discussions or decisions concerning their own remuneration.

Audit Committee

The audit committee consists of the Chairman and the non-executive Directors. It is chaired by Roger Mather and it meets at least twice each year.

The audit committee is responsible for ensuring that the financial performance of the Company is properly reported on and monitored and for meeting with the auditors and reviewing the reports from the auditors relating to accounts and internal control systems. The audit committee meets once a year with the auditors without executive Board members present.

Nominations Committee

The nominations committee consists of the Chairman and the non-executive Directors. It is chaired by John Clarke and meets as required, at least once during the year.

The nominations committee is responsible for reviewing the structure, size and composition of the Board, making recommendations to the Board with regard to any changes and identifying and nominating candidates to fill Board vacancies.