## Evaluation of Performance 

The performance of committees, individual directors and key executives is evaluated regularly by the Board. The Board regularly evaluates the performance of the Board. 

## Remuneration 

The Company attempts to ensure that the level and composition of remuneration is sufficient and reasonable and that its relationship to corporate and individual performance is defined. 

The Company has established a remuneration committee, consisting of four non-executive directors, one of whom is an independent director. The function of the remuneration committee is to make recommendations to the Board on remuneration issues. The Company believes that the individuals on the remuneration committee can make, and do make, quality and independent judgments in the best interests of the Company on remuneration issues, notwithstanding that all the members of the remuneration committee are not independent. 

The remuneration of non-executive directors is different from that of executives. Executive directors are remunerated by means of a salary, and in certain cases by equity based remuneration. All equity based remuneration is made in accordance with plans approved by shareholders. Non-executive directors are not entitled to any retiring allowance, payable upon their retirement as a director of the Company. 

## Legitimate Interests of Stakeholders 

The Company has established a code of conduct to guide compliance with legal and other obligations to legitimate stakeholders in the Company. 

