Corporate governance

From an early stage Ocado has aimed to have high standards of corporate governance. For many years it has had a board with an independent chairman, some directors it deemed independent and board committees. As envisaged by the UK Corporate Governance Code (2010), the Board has three board committees: an audit committee, a nomination committee and a remuneration committee.

• Audit committee – Terms of Reference.
• Nomination committee – Terms of Reference.
• Remuneration committee – Terms of Reference.

For an explanation of the extent to which Ocado applies the principles and complies with the provisions of the UK Corporate Governance Code (2010) please refer to its most recent annual report.