The Board is firmly committed to the highest standards of corporate governance, recognising the role it has to play in delivering long-term, sustainable success for the Group and its stakeholders.

We comply in full with the Financial Reporting Council’s UK Corporate Governance Code. The Code sets out principles and specific provisions on how to achieve standards of good corporate governance and effective Board practice.

Board responsibilities, composition and structure

The Board is the principal decision-making forum for the Group, responsible for providing entrepreneurial leadership and delegating authority to the senior management team. The Board has determined the Group’s purpose, values and strategy and believe that they are aligned with our vision and culture. The Board also has ultimate responsibility for the Group’s risk management processes and internal control environment.

Careful consideration has been given to the independence, composition and balance of the Board. The Board is satisfied that it has the appropriate range of skills, experience, independence and knowledge of the Group to enable it to discharge its duties and responsibilities effectively. Find out more about our Board Members.

The Board has adopted a formal schedule of matters reserved for its approval which is available to download here.

Schedule of Matters Reserved to Board

The Board has approved a statement that sets out the clear division of responsibilities between our Chair, Kate Swann, and our Chief Executive Officer, Nickyl Raithatha.

Division of Responsibility between the Chair and CEO

As part of its governance structure, the Board has established the following Committees, to which it delegates some of its activities.

Moonpig Group plc Articles of Association 2021

Remuneration Policy

The 2023 Remuneration Policy set out as part of the Directors’ Remuneration Report in the 2023 Annual Report was approved by shareholders at the Annual General Meeting held on 19 September 2023. The Remuneration Committee intends that this Policy will operate for three years. The first awards made under this Policy were granted on 19 September 2023.

The previous policy was approved by shareholders at the Annual General Meeting held on 28 September 2021 and applied to awards made between that date and July 2023.

Section 430(2B) statements

Simon Davidson