Board Committee Changes

RNS Number : 1359X

British American Tobacco PLC

04 May 2016

 

British American Tobacco p.l.c. (the "Company")

Board Committee Changes

In order to achieve improved alignment with the Group's existing corporate governance framework at a regional level and to further enhance reporting and reduce duplication, a review of the Company's Board Committees has resulted in the removal of the Company's Corporate Social Responsibility (CSR) Committee with effect from 28 April 2016. The matters reserved for the CSR Committee will be absorbed by the Board and the Audit Committee (as appropriate) in due course.

The membership of the Company's Audit Committee (all comprising Non-Executive Directors) is as follows with effect from 28 April 2016:

Audit Committee

Christine Morin-Postel (Chair)

Gerry Murphy

Ann Godbehere

Kieran Poynter

Pedro Malan (new appointee)

In addition, the membership of the Remuneration Committee (all comprising Non-Executive Directors) has also been reviewed and the membership is as follows with effect from 28 April 2016:

Remuneration Committee

Kieran Poynter (Chair)

Ann Godbehere

Dimitri Panayotopoulos

Sue Farr (new appointee)

Savio Kwan (new appointee)

Further, all the Non-Executive Directors and the Chairman, Richard Burrows, continue as members of the Nominations Committee.

Retirement of Karen de Segundo and Richard Tubb: disclosures required by section 430(2B), Companies Act 2006

Further to the announcement by the Company on 25 February 2016, Karen de Segundo and Richard Tubb each stood down as Non-Executive Directors of the Company with effect from the conclusion of the Annual General Meeting on 27 April 2016 (the "Retiring Directors").

As required by section 430(2B) of the Companies Act 2006, we can confirm that no remuneration or payment for loss of office is payable consequent upon or in respect of the retirement of either of the Retiring Directors.

Karen de Segundo received pro-rated Board fees and CSR Committee (Chair) and Nominations Committee fees to the date of her retirement. Richard Tubb received pro-rated Board fees and CSR Committee and Nominations Committee fees to the date of his retirement.

G C W Cunnington

Deputy Secretary

British American Tobacco p.l.c.

4 May 2016

Enquiries:

Investor Relations

Mike Nightingale/Rachael Brierley         [phone]/1519

British American Tobacco Press Office

Will Hill/Anna Vickerstaff                            [phone]

 

END

 

 

MSCAKNDKOBKDKPK