• HC-5.3 HC-5.3 Remuneration Committee Charter

    • HC-5.3.1

      The committee must adopt a written charter which must, at a minimum, state the duties in Rule HC-5.2.1 and other matters in Appendix C of this Module.

      July 2011

    • HC-5.3.2

      The committee should include only independent directors or, alternatively, only non-executive directors of whom the majority are independent directors and the chairman is an independent director. This is consistent with international best practice and it recognises that the remuneration committee must exercise judgment free from personal career conflicts of interest.

      July 2011

    • HC-5.3.3

      [This Paragraph was deleted in January 2012].

      Deleted: January 2012