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  "documentTitle": "2025 Annual Report",
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      "text": "The Committee currently consists of two Independent Non-Executive Directors, Carla Stent who is Chair of the Committee, and Sabine Bendiek, and one Proprietary Director, Matthew Sabben-Clare, who were all appointed to the Committee on 13 February 2025.",
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      "text": "The Committee is also required to meet as often as required to fulfil its responsibilities, but at least four times each year to coincide with key dates in the financial reporting and audit cycle. The Committee met four times during the year, with the Committee members' attendance for the period being set out in the table below. Committee meetings usually take place prior to a Board meeting. The activities of the Committee and any matters of particular relevance are reported by the Committee Chair to the subsequent Board meeting.",
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      "text": "The Committee's terms of reference which can be viewed on the Company's website www.hbxgroup.com, require the Committee to consist of at least three members. All members of the Committee must be Non-Executive Directors; its Chair must be an Independent Non-Executive Director, while more than half of the members must also be independent, as defined by the Code. All members meet the requirements set out in the Committee Terms of Reference.",
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      "text": "Attendance at each meeting comprises the Committee members, the Company Secretary who is secretary to the Committee and the Chair, the CFO, the General Counsel, the Head of Internal Audit, Group Governance Risk & Compliance & Data Protection Director, the External Auditor PwC and other senior members of the finance team also routinely attend meetings as required at the request of the Committee.",
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      "text": "The Code stipulates that the Committee, as a whole, shall have competence relevant to the sector in which the Company operates. All Committee members have past employment experience in either finance, accounting or technology roles and have knowledge of financial reporting and/or international businesses. As such the Board is satisfied that the Committee, as a whole, has the competence relevant to the business sector. At least one Committee member should have recent and relevant financial experience and Carla Stent meets this requirement as she was previously deputy Chief Financial Officer at Barclays plc and is a qualified chartered accountant.",
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