Board Committees

The Board has established an audit committee, a remuneration committee and a nomination committee with formally delegated duties and responsibilities.

Remuneration Committee
The remuneration committee is chaired by Pádraig Ó Ríordáin and comprises of the three non-executive Directors. The remuneration committee is responsible for determining the Group's policy on remuneration of executive directors and senior management and for considering and approving basic salaries and other terms of their remuneration packages.

Audit Committee
The audit committee is chaired by John B McGuckian and comprises of the three non-executive Directors. It has primary responsibility for monitoring the quality of internal controls, ensuring that the financial performance of TVC Holdings plc is properly measured and reported on, and for reviewing reports from TVC Holdings plc’s auditors relating to its accounting and internal controls.

Nomination Committee
The nomination committee is chaired by Shane Reihill, Executive Chairman, and the other members are Gavin O’Reilly and Pádraig Ó Ríordáin. It is responsible for identifying and nominating directors to the Board of TVC Holdings plc for approval.