The Board has established the following committees:

Audit Committee

The Audit Committee comprises Paul McNamara, Michael Smith and Jo Welman. The Committee is chaired by Paul McNamara and meets at least twice each year. The Committee is responsible for ensuring that appropriate financial reporting procedures are properly maintained and reported on and for meeting with Randall & Quilter's auditors and reviewing their reports on the financial statement and internal controls.

Remuneration Committee

The Remuneration Committee comprises Paul McNamara, Michael Smith and Jo Welman. The Committee is chaired by Michael Smith. The Committee is responsible for reviewing the performance of the executive Directors, setting their remuneration, determining the payment of bonuses, considering the grant of options under any share option scheme and, in particular, the price per share and the application of performance standards which may apply to any such grant.