| Board Structure & Committees
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Board Structure
The Board comprises four Executive Directors and two Non-Executive Directors, the Chairman and Keith Hughes. The Board meets at least six times a year and as issues arise which require board attention. It is the intention of the Board to recruit additional suitably qualified Non-Executive Directors.
Click here to view biographies of the Directors
The Chairman conducts Board and shareholder meetings to ensure that all Directors are properly briefed. The Directors are responsible for formulating, reviewing and approving EnCore's strategy, budgets, major items of capital expenditure and senior personnel appointments. The Directors have access to independent professional advice at the Company's expense and to the Company Secretary (who is also a director) and receive appropriate training where necessary.
Audit Committee
An Audit Committee has been established and currently comprises the Chairman and Keith Hughes. Keith chairs the Audit Committee. It is responsible for ensuring that EnCore's financial performance is properly reported on and monitored. It liaises with the auditors and reviews the reports from the auditors relating to the accounts and internal control systems.
Remuneration Committee
A Remuneration Committee has been established and currently comprises the Chairman and Keith Hughes. The Chairman, Christine M.K. Wheeler OBE chairs the Remuneration Committee. It reviews the performance of the Executive Directors and sets the scale and structure of their remuneration on the basis of their service agreements with due regard to the interests of shareholders and EnCore's performance. The Remuneration Committee also makes recommendations to the Board concerning employee incentives, including the allocation of share options to employees. EnCore Directors are not permitted to participate in discussions or decisions of the committee concerning their own remuneration.
Nominations Committee
A Nominations Committee has been established and currently comprises the Chairman and Keith Hughes. It reviews and recommends to the Board the appointment of Directors.
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