The Executive Board is responsible for implementation of group strategy and policy. (both operationally and financially), monitoring the performance of the business and reporting on such matters to the plc Board
Audit, Remuneration and Nomination Committees
The Board of Brightside Group Plc has established an audit committee and a remuneration committee. Each committee has formally delegated duties and responsibilities.
Audit Committee
The audit committee, comprising Non-Executive Directors will as a minimum meet twice yearly, and will be responsible for:
monitoring the quality of internal control;
ensuring that the financial performance of the Group is properly measured and reported on;
and meeting with the auditors and reviewing reports from the auditors relating to accounting and internal controls.
Remuneration Committee
The remuneration committee, comprising Non-Executive Directors will be responsible for:
reviewing the performance of the Executive Directors;
setting the scale and structure of their remuneration;
reviewing the basis of their service agreements with due regard to the interests of shareholders; and
making recommendations to the Board concerning the allocation of share options to Directors and employees.
Nomination Committee
The Nomination Committee is responsible for:
reviewing the composition and structure of the Board
identifying and nomination candidates to fill Board vacancies
evaluation of the skills, knowledge and experience of non-executive directors prior to appointment
keeping under review the leadership needs of the organisation
