The highest standards of governance help strengthen management and underpin decisions made by the Board and the Executive Committee to deliver on shared goals in the interests of all our stakeholders.
Terms of Reference:
*as at 17 May 2023.
SECTION 172 STATEMENTS
Companies meeting certain criteria under the Companies Act 2006 (Act) and the Companies (Miscellaneous Reporting) Regulations 2018 are required to prepare a statement each financial year explaining how its Board has complied with the duties under s.172(1)(a)-(f) of the Act. The statement explains how the Board has discharged its duty to promote the success of the company, whilst having regards for the matters set out under s.172 of the Act.
The ultimate parent of the Inchcape Group – Inchcape plc – has prepared a s.172 statement for the year ended 31 December 2022 which can be found on pages 23 of the Annual Report and Accounts.
Applicable subsidiaries of Inchcape plc are also required to prepare statements for the year ended 31 December 2022 which can be accessed here.