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 2011HC-5.3.2
The committee should include only
independent directors or, alternatively, onlynon-executive directors of whom the majority areindependent directors and the chairman is anindependent 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 2011HC-5.3.3
[This Paragraph was deleted in January 2012].
Deleted: January 2012