HAYLEYS FABRIC PLC — Governance risk

Governance risk — HAYLEYS FABRIC PLC

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

Model weight: 25% of the total score.

Signals in this category

9.0

Moderate (9.0)

From the annual recalculation record for FY2014.

Consumer Durables & Apparel sector average for FY2014: 1.0 — this company is above the sector average.

Severity	Signal	Points	Year	Source section	Evidence
Low	no female directors	+1	2026	—	View evidence No female directors on 29-member board
Low	low independent directors	+2	2026	—	View evidence Independent directors 20.7% (below 33%)
Low	no female directors	+1	2024	—	View evidence No female directors on 33-member board
Low	low independent directors	+2	2024	—	View evidence Independent directors 15.2% (below 33%)
Low	no female directors	+1	2023	—	View evidence No female directors on 22-member board
Low	low independent directors	+2	2023	—	View evidence Independent directors 9.1% (below 33%)
Low	no female directors	+1	2022	—	View evidence No female directors on 26-member board
Low	low independent directors	+2	2022	—	View evidence Independent directors 7.7% (below 33%)
Low	no female directors	+1	2021	—	View evidence No female directors on 19-member board
Low	low independent directors	+2	2021	—	View evidence Independent directors 10.5% (below 33%)
Low	no female directors	+1	2020	—	View evidence No female directors on 17-member board
Low	low independent directors	+2	2020	—	View evidence Independent directors 5.9% (below 33%)
Low	no female directors	+1	2019	—	View evidence No female directors on 2-member board
Low	audit committee effectiveness	+2	2014	audit committee	View evidence No independent members disclosed in audit committee (1 members)
Low	audit committee effectiveness	+2	2014	audit committee	View evidence Audit committee charter not disclosed