The Company and Board of Directors remain committed to achieving high standards of corporate governance, integrity and business ethics in all our business operations.

The Board has formally adopted the 2018 Quoted Companies Alliance Corporate Governance Code (the “QCA Code”) as the basis of the Group’s governance framework. The Directors acknowledge the role of the 10 principles set out in the QCA Code, and their importance in focusing on the pursuit of medium to long-term value for shareholders without stifling the entrepreneurial spirit in which the Company was created.

The Group’s arrangements for compliance with the QCA Code are in this section, as are the activities of our Board Committees, and the approach the Board takes to managing risk across the Group’s operations.