Corporate Governance
Corporate Governance
The Directors acknowledge the importance of the Combined Code on
Corporate Governance and apply its principles so far as is
practicable and appropriate to a company of the size and nature of
Europa. The Company has appointed Bill Adamson as its
Non-Executive Chairman, William Ahlefeldt as Non-Executive Director
and Roderick Corrie as Non-Executive Director. Roderick Corrie
chairs the Audit Committee and Bill Adamson chairs the Remuneration
Committee.
The Audit Committee receives and reviews reports from management
and the Company's auditors relating to the annual and interim
accounts and the accounting and internal control systems of the
Company. The Audit Committee have unrestricted access to the
Company's external auditors.
The Remuneration Committee reviews the scale and structure of
the Executive Directors' remuneration and the terms of their
service contracts. The remuneration and terms and conditions of
appointment of the Non-Executive Directors are set by the
Board.
The Company's Articles of Association are availaible in the
Reports section of the website.