The Remuneration and Compensation Committee is a committee of the Board.
Its membership consists of the independent non-executive directors of Salmat Limited. The Chair of the Committee is currently vacant.
The Committee Charter is adopted by the Board.
The responsibility of the committee is to:
Salmat has retained independent advisers who provide information on current best practice (including remuneration levels) for executive and non-executive remuneration. The committee reviews remuneration levels in the light of this advice and the individual's performance. The Chief Executive Officer attends committee meetings to review remuneration levels for other staff.