BT 2009 Annual Report Download - page 51

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ADDITIONAL INFORMATION FINANCIAL STATEMENTS REPORT OF THE DIRECTORS BUSINESS AND FINANCIAL REVIEWS OVERVIEW
49BT GROUP PLC ANNUAL REPORT & FORM 20-F
REPORT OF THE DIRECTORS
We are committed to operating in accordance with best practice in business integrity,
maintaining the highest standards of financial reporting, corporate governance and ethics.
The directors consider that BT has, throughout the year, complied with the provisions set
out in Section 1 of the 2006 Combined Code on Corporate Governance (the Code) and has
applied the principles of the Code as described in this report.
50 BOARD OF DIRECTORS AND OPERATING
COMMITTEE
50 Board of Directors
50 Executive directors
50 Non-executive directors
51 Operating Committee
52 THE BOARD
52 Introduction
52 Directors
52 Governance and role of the Board
53 BT’s non-executive directors
53 Main Board committees
53 New York Stock Exchange
54 REPORT OF THE AUDIT COMMITTEE
54 Introduction
54 Committee role
54 Committee activities
56 REPORT OF THE NOMINATING COMMITTEE
56 Introduction
56 Committee role and activities
56 Board evaluation
56 REPORT OF THE COMMITTEE FOR
RESPONSIBLE AND SUSTAINABLE BUSINESS
56 Introduction
56 Committee role
56 Committee activities
57 REPORT ON DIRECTORS’ REMUNERATION
57 Remuneration policy (not audited)
64 Remuneration review (audited)
70 DIRECTORS’ INFORMATION
70 Election and re-election
70 Meetings attendance
70 Service agreements
70 Training and information
70 Independent advice
70 Directors’ and officers’ liability insurance
and indemnity
70 Interest of management in certain
transactions
71 BUSINESS POLICIES
71 Responsible business
71 Political donations
71 Pension funds
71 Payment of suppliers
71 Financial statements
71 Takeover Directive disclosure
72 Financial instruments
72 Internal control and risk management
73 US Sarbanes-Oxley Act of 2002
73 Disclosure controls and procedures
73 Internal control over financial reporting
74 SHAREHOLDERS AND ANNUAL GENERAL
MEETING
74 Relations with shareholders
74 Substantial shareholdings
74 AGM resolutions
74 Authority to purchase shares
ADDITIONAL INFORMATION FINANCIAL STATEMENTS REPORT OF THE DIRECTORS BUSINESS AND FINANCIAL REVIEWS OVERVIEW