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The Board currently comprises seven Non-executive Directors and
the Managing Director/Chief Executive . All Directors have entered into appointment
agreements and deeds of indemnity, insurance and access. The minimum number of Tatts Group
Directors is three and the maximum number is nine unless the Group's shareholders
resolve to vary that number.
Directors are elected at Annual General Meetings
of Tatts Group Limited. The Board has resolved that it will have eight members. The Managing
Director/Chief Executive will not retire by rotation. Provided that Tatts Group Limited has
three or more Directors, one third of the Directors (rounded down to the nearest whole
number) will retire at each Annual General Meeting. In any case, no Director may retain
office for more than three years or after the third Annual General Meeting following
the Director's appointment, whichever is the longer period. In each case, the retiring
Director may then seek re-election.
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