Investors – Board of Directors

Executive Directors:

Jane Annear (Managing Director)	Brent Salgat (President, Concurrent Technologies Inc.)	David Evans-Hughes (Engineering Director)
Jane previously held sales and marketing, manufacturing and financial positions with Burmah Oil and Raychem; she was appointed a Director of the Company in 1989 and became Managing Director in May 2019.	Brent previously held sales management and sales positions with SBS Technologies and GE Intelligent Platforms.  He became President of Concurrent Technologies Inc, in 2008 and was appointed a Director of the Company in 2020.	David previously held engineering positions with Plessey Telecomms, Systime Computers, AVT and Instem Computers; he was appointed a Director of the Company in 1995.
Note 3

Non Executive Directors:

Michael Collins (Chairman)	Clive Thomson	Mark Cubitt
Michael was a partner in Alsop Wilkinson Solicitors and then worked for Royal Trust Bank, becoming Investment Banking Director. He was Managing Director and then Chairman of J. Alsford Ltd and re-joined Alsop Wilkinson in 1994 as a partner in the banking unit. Alsop Wilkinson then merged on two occasions and Michael then became a partner in DLA Piper UK LLP (a global legal services organisation) where he was Head of the Banking Group. Michael was appointed a Director of the Company in 1987.	Clive, a former stockbroker and Divisional Director of Brewin Dolphin Securities Plc and Associate with Beer and Partners, the Business Angel Network, is Chairman and Managing Director of Meeting Makers Ltd. Clive was appointed a Director of the Company in 2004.	Mark is a Chartered Accountant and is a member of the Association of Corporate Treasurers. Previously, Mark has worked as a non-executive chairman of Superglass Holdings plc and was part of the team that turned around the business before its sale in 2016. He has also served as VP of finance at Jacobs Engineering and was finance director Babtie Group Ltd until the sale of the company to Jacobs Engineering in 2004, when he then took up a wider finance role within Jacobs.
Notes 1, 2, 3	Notes 1, 2, 3	Notes 1, 2, 3

Note 1:  A member of the Audit Committee.

Note 2:  A member of the Remuneration Committee.

Note 3: A member of the Nominations Committee.

Audit Committee:

The responsibilities of the Audit and Risk Committee include:

• review of the Company’s annual financial statements before submission to the Board for approval
• review of the scope and results of the external annual audit by the auditors, including their cost effectiveness, independence and objectivity
• recommendation of the appointment, re-appointment and removal of the external auditors
• review of the nature and extent of any non-audit services provided by the external auditors
• reviewing regular reports from management and the external auditors on accounting and internal control matters, the effectiveness of internal controls and the need for an internal audit function
• review of any major accounting issues and reports on such matters to the Board

The Executive Directors are not members of the Committee but attend the meetings by invitation, as necessary, to facilitate its business.

View the Terms Of Reference For Audit and Risk Committee

Remuneration Committee: 

The responsibilities of the Remuneration Committee Include:

• review and recommendation of the Company’s remuneration policy in respect of senior management, Executive and Non-Executive Directors, to facilitate their recruitment, motivation and retention while remaining relevant and appropriate to the strategic aims of the Company
• recommendation of appropriate incentives to encourage performance and provide fair and reasonable rewards for success

View the Terms of Reference for the Remuneration Committee.

Nomination and Governance Committee: 

The responsibilities of the Nomination and Governance Committee include:

• to review regularly the Board structure, size and composition
• to be responsible for identifying and nominating candidates for the approval of the Board
• to ensure there is a procedure for the appointment of new Directors to the Board

View the Terms Of Reference For the Nomination and Governance Committee

The above information is provided for the purpose of Rule 26 of the “AIM Rules for Companies”.

Last Updated: 02 April 2020