The Audit & Risk Committee:
- monitors the integrity of the published financial statements
- reviews the effectiveness of internal financial controls
- reviews the operation of the risk management process
- discusses with the Company's auditors, matters arising from their work
- reviews the scope of work and reports produced by the internal auditors
STV Audit & Risk Committee members are Ian Steele (Chair), David Bergg, Simon Miller and Aki Mandhar.
The Nomination Committee:
- reviews the structure, size and composition of the Board
- reviews succession plans and makes recommendations to the Board
- identifies and nominates candidates for approval of the Board
- recommends to the Board membership of the Board Committees
STV Nomination Committee members are Paul Reynolds (Chair), Simon Miller and Ian Steele.
The Remuneration Committee:
- determines and agrees with the Board the framework for the remuneration policy
- reviews the ongoing appropriateness and relevance of the remuneration policy
- approves the design of, targets for and payments from any performance related pay schemes
- reviews the design of all share incentive plans
- determines the remuneration packages for executive directors and other senior executives
- reviews and notes annual the remuneration trends across the Company
STV Remuneration Committee members are Naomi Climer (Chair) David Bergg, Ian Steele and Simon Miller.
The purpose of the Environmental, Social and Governance (ESG) Committee:
- makes recommendations to the Board on all aspects of ESG matters relating to the Group; its interactions with internal and external stakeholders; and the ethical conduct of the Group’s business
- oversees the establishment of ESG related policies and codes of practice and their implementation
- reviews external assurance of ESG matters
- reviews and challenges objectives, targets and key performance indicators related to ESG matters
- ensures the Group continues to deliver a positive social impact to support long-term shareholder and stakeholder value
STV Environmental, Social and Governance Committee members are David Bergg (Chair), Paul Reynolds, Aki Mandhar and Naomi Climer.
Environmental, Social and Governance (ESG) Committee Terms of Reference.