Audit Committee

The Audit Committee has the primary responsibility of monitoring the quality of internal controls to ensure that the financial performance of the Knights Group is properly measured and reported on. It will receive and review reports from the Knights Group’s management and external auditors relating to the interim and annual accounts and the accounting and internal control systems in use throughout the Knights Group. The Audit Committee meet not less than three times in each financial year and have unrestricted access to the Knights Group’s external auditors. The members of the Audit Committee include only independent non-executive Directors and the chairman has recent and relevant financial experience with competence in accounting and auditing. The Audit Committee comprises Steve Dolton and Richard King and is chaired by Steve Dolton.

Remuneration Committee

The Remuneration Committee review the performance of the executive directors and make recommendations to the Board on matters relating to their remuneration and terms of service. The Remuneration Committee also makes recommendations to the Board on proposals for the granting of share options and other equity incentives pursuant to any employee share option scheme or equity incentive plans in operation from time to time. The Remuneration Committee meet as and when necessary, but at least twice each year. In exercising this role, the Directors have regard to the recommendations put forward in the QCA Code and, where appropriate, the QCA Remuneration Committee Guide and associated guidance. The members of the Remuneration Committee include only independent non-executive Directors. The Remuneration Committee comprises Richard King and Steve Dolton and is chaired by Richard King.

Disclosure Committee

The Disclosure Committee enforce the Knights Group's inside information policy and, in particular, assess whether information is 'inside information' and resolve queries about its materiality. For example, the committee will determine whether an announcement is required in respect of any such inside information and procure as soon as possible such announcement in accordance with the provisions of MAR and the AIM Rules for companies. The Disclosure Committee meet regularly throughout the financial year and, in particular, during periods of heightened market sensitivity. The current members of the Disclosure Committee are Kate Lewis (CFO), Bal Johal (Non-Executive Chairman) and Lisa Bridgwood (Company Secretary), however, the constitution may change as appropriate to the relevant circumstances being considered by the committee.