Hello sir, I can’t understand if the NED’s committees can consist of already existing NED’s or new should be appointed? For example, if the board of directors consists of 5 executive directors and 5 NED’s, can the NED’s be members of the audit committee or the remuneration committee or the nomination committee? Thank you very much in advance.
NEDs can be shareholders, but if they are going to be independent NEDs, large shareholdings would be compromising and they would then probably notmbe considered independent.