PIRC notes that Richard Bernays (Chairman), John Hawkins and Terence Allen (non-executive directors), all retired at the company's AGM and although they had offered themselves for re-election, 95.77% of shareholders voted against. Therefore, following their retirement, Anne Ewing was appointed to the board as non-executive director and Hisham Al Otaibi as non-executive Chairman. In addition, we note that shareholders voted against the re-appointment of Ernst & Young as auditors and the company has announced that KPMG Channel Islands Limited will be appointed as the new auditors.