Audit and Risk Committee

The Audit and Risk Committee has Rolf Soderstrom as chair, and has primary responsibility for monitoring the quality of internal controls, ensuring that the financial performance of the Company is properly measured and reported on and reviewing reports from the Company’s auditors relating to the Company’s accounting and internal controls, in all cases having due regard to the interests of Ergomed’s shareholders.

The Audit and Risk Committee is also responsible for ensuring that the Company is complying with the AIM rules and its corporate governance obligations and for assessing the Company’s corporate governance practices.

The Audit and Risk Committee meets at least twice a year. Michael Spiteri and Dr Llew Keltner are the other members of the Audit and Risk Committee.

Remuneration Committee

The Remuneration Committee has Michael Spiteri as Chair, and reviews the performance of the executive directors and determines their terms and conditions of service, including their remuneration and the grant of options, having due regard to the interests of shareholders.

The Remuneration Committee meets at least twice a year. Rolf Soderstrom and Mark Enyedy are the other members of the Remuneration Committee.

Nomination Committee

The Nomination Committee has Dr. Miroslav Reljanovic as Chair, and identifies and nominates for the approval of the Board, candidates to fill board vacancies as and when they arise.

The Nomination Committee meets at least twice a year. Michael Spiteri and Rolf Soderstrom are the other members of the Nomination Committee.