We have considerable experience in carrying out reviews of the fees paid to non-executive directors, chairmen and audit chairs of listed companies. In carrying out reviews, we take account of the workload of directors, the specific knowledge and skills required, the sector norms and the risk involved for each particular company, as well as the location, number of board meetings and other relevant factors.

We submit a written report on the Company’s current directors’ fees, showing appropriate comparisons and putting the fees into the context of the relevant sector. We make specific recommendations on the appropriate levels of fees and provide, if requested, a ‘letter of comfort’ over any subsequent increases in the level of directors’ fees adopted by the Board.