The Audit & Risk Committee oversees the Group’s financial reporting, internal and external audit, system of internal control, risk management processes, IT governance and systems relating to compliance, whistleblowing and fraud.
The Audit Committee is chaired by Deborah Gudgeon with Varda Shine, Octavia Matloa, Bernard Pryor and Jon Dudas as members. The majority of the members of this Committee are considered independent in accordance with the recommendations of the UK Corporate Governance Code.
The Audit & Risk Committee meets formally at least twice a year and otherwise as required.
The Remuneration Committee advises the Board on the remuneration of Executive Directors and setting an overall policy for remunerating the Group’s employees.
The Remuneration Committee is chaired by Varda Shine and its members are Octavia Matloa, Bernard Pryor, Deborah Gudgeon and Jon Dudas. The majority of the members of this Committee are considered independent in accordance with the recommendations of the UK Corporate Governance Code 2018.
The Remuneration Committee meets formally at least twice a year and otherwise as required.
The Nomination Committee leads the process for Board appointments and the re-election and succession of the Directors and the Chairman of the Board.
Petra’s Nomination Committee is chaired by Peter Hill and its members are Varda Shine, Bernard Pryor, Octavia Matloa, Deborah Gudgeon and Jon Dudas. The majority of the members of this Committee are considered independent in accordance with the recommendations of the UK Corporate Governance Code.
The Nomination Committee meets formally at least twice a year and otherwise as required.
The HSE Committee oversees the Group’s health, safety and environmental systems and policies, and the monitoring of compliance.
The Chairman of the HSE Committee is Bernard Pryor and its members are Richard Duffy, Varda Shine and Johannes Bhatt.
The HSE Committee meets formally at least twice a year and otherwise as required.
Petra’s Social, Ethics and Diversity Committee (“SED”) Committee provides strategic direction on matters relating to Petra’s social, ethics and diversity impacts, as well as providing oversight of the Group’s performance in meeting its SED obligations and objectives
The SED Committee is chaired by Octavia Matloa and its members are Richard Duffy, Varda Shine and Alex Watson.
The SED Committee meets formally at least twice a year and otherwise as required.
Petra’s Executive Committee assists the CEO in the performance of his duties and in dealing with the day to day activities of the Company’s business.
The Executive Committee is chaired by Richard Duffy (CEO) and its members are Jacques Breytenbach (CFO), Juan Kemp (Chief Technical Officer), Jaison Rajan (Chief Operating Officer), Ayoub Mwenda (Country a& Mine Manager: Tanzania), Greg Stephenson (Sales & Marketing Executive), Thashmi Doorasamy (Group HR & Public Affairs Executive) and Rupert Rowland-Clark (General Counsel & Company Secretary).
The Investment Committee, depending on the threshold, approves and makes recommendations to the Board on capital expenditure, investment proposal and disposals.
The Chairman of the Committee is Peter Hill and its members are Richard Duffy, Jacques Breytenbach, Bernard Pryor, Deborah Gudgeon, Alex Watson, Johannes Bhatt and Jon Dudas.
The Investment Committee meets twice a year and otherwise as required.
