Governance
Financial Statements
Additional Information
Strategic Report
Board Committees The Board has established four Committees: Audit and Risk, Remuneration,
Conflicts of interest Directors are required to notify the Company of any potential conflicts of interest that they may have. Any conflicts are recorded and reviewed by the Board at each meeting. No conflicts have been recorded during the year. The process for obtaining Board approval for external appointments is included in the Nomination Committee Report.
Property Valuation and Nomination. These are comprised entirely of Non- Executive Directors and operate within defined terms of reference, which are available on the Company’s website. Committee Terms of Reference
Attendance at Board and Committee meetings
Property Valuation
Board members Lena Wilson Michael Morris Andrew Dewhirst Mark Batten Maria Bentley 1 Richard Jones
Date appointed 01.01.2021 01.10.2015 01.10.2018 01.10.2017 01.10.2018 01.09.2020
Board Audit and Risk Remuneration
Nomination
10/10 10/10 10/10 10/10 10/10 10/10
– – –
6/6
4/4
3/3
– –
– –
– –
4/4 3/4 4/4
6/6 5/6 6/6
4/4 4/4 4/4
3/3 3/3 3/3
Total number of meetings
10
4
6
4
3
1. Maria Bentley was unable to attend the 2 May 2023 Audit and Risk Committee and Remuneration Committee meetings due to illness. Mark Batten, as Senior Independent Director, chaired the Remuneration Committee meeting in Maria’s absence. The above meetings were the scheduled Board and Committee meetings. Additional meetings were held to deal with other matters as required and are not included above.
Picton Property Income Limited / Annual Report 2024
87
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