Board Remuneration Committee

The Board Remuneration Committee has the responsibility of setting the principles and parameters of Remuneration Policy across the Bank, determining the policy of the Bank andthe remuneration of the Managing Director and other Executive Directors and the specific remuneration packages and to approve the policy relating to all remuneration schemes and long term incentives for employees of the Bank.

The Committee is required to meet at least once a year. Additional meetings may be convened as the need arises.

Membership of the Committee is currently made up of two (2) Non-Executive Directors.