SMB FINANCE PLC — Governance risk

Governance risk — SMB FINANCE PLC

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

Model weight: 25% of the total score.

Signals in this category

19.9

High (19.9)

From the annual recalculation record for FY2020.

Diversified Financials sector average for FY2020: 34.8 — this company is below the sector average.

Severity	Signal	Points	Year	Source section	Evidence
Low	low independent directors	+2	2024	—	View evidence Independent directors 30.6% (below 33%)
Low	low independent directors	+2	2023	—	View evidence Independent directors 17.2% (below 33%)
Low	no female directors	+1	2022	—	View evidence No female directors on 12-member board
Low	low independent directors	+2	2022	—	View evidence Independent directors 8.3% (below 33%)
Low	no female directors	+1	2021	—	View evidence No female directors on 8-member board
Low	low independent directors	+2	2021	—	View evidence Independent directors 12.5% (below 33%)
Low	no female directors	+1	2020	—	View evidence No female directors on 6-member board
Low	low independent directors	+2	2020	—	View evidence Independent directors 0.0% (below 33%)
Low	no female directors	+1	2019	—	View evidence No female directors on 2-member board
Low	low independent directors	+2	2019	—	View evidence Independent directors 0.0% (below 33%)
Low	no female directors	+1	2018	—	View evidence No female directors on 3-member board
Low	low independent directors	+2	2018	—	View evidence Independent directors 0.0% (below 33%)
Low	no female directors	+1	2017	—	View evidence No female directors on 1-member board
Low	low independent directors	+2	2017	—	View evidence Independent directors 0.0% (below 33%)