The main role and function of the Audit Committee is to ensure the effectiveness of the internal control system and compliance with the Group's obligations under the Listing Rules and other applicable laws and regulations, and to oversee the integrity of the financial statements of the Company.

Each member of the Audit Committee has professional, financial, or accounting qualifications as required under the Listing Rules.

The Audit Committee is comprised of three Independent Non-executive Directors:

• Mr Peter David Sullivan
  Audit Committee Chairman and Independent Non-executive Director
• Mr Manfred Kuhlmann
  Independent Non-executive Director
• Mr Joel Arthur Schleicher
  Independent Non-executive Director

Terms of Reference – Audit Committee

The Audit Committee of the Board of Directors is responsible for the appointment, compensation and oversight of the work of the independent auditor. As part of this responsibility, the Audit Committee is required to pre-approve the audit and non-audit services performed by the independent auditor in order to assure that they do not impair the auditor’s independence from the Corporation. (PDF)