The Board of Directors of SolGold has established the following Committees:

  • Audit & Risk Management Committee;

  • Remuneration Committee;

  • Health, Safety, Environment and Community Committee (HSEC Committee)

AUDIT AND RISK MANAGEMENT COMMITTEE

The Audit and Risk Management Committee, meets not less than twice a year and is responsible for ensuring that the financial performance, position and prospects of the Group are properly monitored as well as liaising with the Company's auditors to discuss accounts and the Group's internal controls.

The members of the Audit and Risk Management Committee are John Bovard (as Chair), Brian Moller and Robert Weinberg. The Executive Directors attend meetings by invitation, if appropriate.

REMUNERATION COMMITTEE

The Remuneration Committee meets at least once a year and is responsible for making decisions on directors.

Remuneration of any Executive Directors is established by reference to the remuneration of Executives of equivalent status both in terms of the level of responsibility of the position and by reference to their job qualifications and skills. The Remuneration Committee will also have regard to the terms which may be required to attract an executive of equivalent experience to join the Board from another company. Such packages include performance related bonuses and the grant of share options.

The members of the Remuneration Committee are John Bovard (as Chair), Robert Weinberg, Nick Mather and Brian Moller.

HEALTH, SAFETY, ENVIRONMENT AND COMMUNITY COMMITTEE (HSEC COMMITTEE)

The HSEC Committee is responsible for the overall health, safety and environmental performance of the Company and its operations and its relationship with the local community. The full Board of the Company currently fulfils this role.