C T HOLDINGS PLC — Governance risk

Governance risk — C T HOLDINGS PLC

Board composition, director tenure and turnover, committee effectiveness, succession gaps.

Model weight: 25% of the total score.

Signals in this category

31.6

Elevated (31.6)

From the annual recalculation record for FY2018.

Food & Staples Retailing sector average for FY2018: 31.0 — this company is above the sector average.

Severity	Signal	Points	Year	Source section	Evidence
Low	low independent directors	+2	2017	—	View evidence Independent directors 21.1% (below 33%)
Low	no female directors	+1	2016	—	View evidence No female directors on 6-member board
Low	low independent directors	+2	2016	—	View evidence Independent directors 0.0% (below 33%)
Low	no female directors	+1	2013	—	View evidence No female directors on 2-member board
Low	low independent directors	+2	2013	—	View evidence Independent directors 0.0% (below 33%)
Low	audit committee effectiveness	+2	2012	corporate governance	View evidence Audit committee charter not disclosed
Low	audit committee frequency	+2	2012	corporate governance	View evidence Audit committee meeting frequency not disclosed
Low	no female directors	+1	2012	—	View evidence No female directors on 2-member board
Low	low independent directors	+2	2012	—	View evidence Independent directors 0.0% (below 33%)
Low	audit committee effectiveness	+2	2011	corporate governance	View evidence Audit committee charter not disclosed
Low	audit committee frequency	+2	2011	corporate governance	View evidence Audit committee meeting frequency not disclosed
Low	no female directors	+1	2011	—	View evidence No female directors on 2-member board
Low	low independent directors	+2	2011	—	View evidence Independent directors 0.0% (below 33%)