Chairman and Group Chief Executive’s Responsibilities

Division of responsibilities between the roles of the Chairman and Group Chief Executive

Chairman’s responsibilities

• Provides overall leadership, and ensures effectiveness, of the Board
• Sets the agenda, character and tone of Board meetings and discussions
• Maintains an effective working relationship with the Group Chief Executive Officer
• Leads the annual performance evaluation of the Board and its Committees and ensures Non-Executive Directors make an effective contribution
• Assists the Board in understanding stakeholders’, including shareholders’, views

Group Chief Executive’s responsibilities

• Develops the Company’s strategy for consideration and approval by the Board and provides effective leadership of the executive team in its delivery of strategy
• Develops the Group’s business model and manages the Group’s operations
• Reinforces the Company’s Values and sets expected workforce behaviours, including by overseeing the development and implementation of the Company’s corporate, safety and environment policies and standards
• Establishes and services relationships with key stakeholders
• Communicates (with the Group Chief Financial Officer) the Group’s financial performance and strategic progress to investors and analysts
• Ensures the Board is kept fully apprised of the Group’s safety and operational performance and of risks and opportunities that may affect or contribute to the delivery of strategy