The fastjet PLC Board is committed to the highest standards of corporate governance and to maintaining a solid framework for control and management of the business.
On 8 March 2018 the London Stock Exchange published its revised rules for AIM quoted companies. Rule 26 now requires that AIM Listed companies apply a recognised corporate governance code on a comply or explain basis and make appropriate disclosures in satisfaction of this rule on their website.
On Monday 26 September 2018 the Company announced it had chosen to formalise its governance policies by complying with the UK's Quoted Companies Alliance Corporate Governance Guidelines for Small and Mid-Size Quoted Companies (the "QCA Code").
Click here to view our statement of compliance
Click here to see our Directors page.
The purpose of the Audit Committee is to monitor the integrity of the financial statements of the Company. Some of the Audit Committee's duties include:
The Audit Committee has two members, one of which is an independent non-executive director and at least one member has recent and relevant financial experience.
The current members of the Audit Committee are Mark Hurst as the Acting Chairman and Rashid Wally.
The purpose of the Remuneration and Nomination Committees is to determine and agree with the Board the framework or broad policy for the remuneration of the Company’s chairperson and the executive directors as well as the composition of the Board itself. Some of the Remuneration and Nomination Committees’ duties include:
The current members of the Remuneration Committee are Rob Burnham (Chairman), Mark Hurst and Rashid Wally. The current members of the Nomination Committee are Rashid Wally (Chairman), Mark Hurst and Rob Burnham.