Jockey Club Racecourses Limited
Directors' report (continued)
Employee engagement (continued) annual budget target. In addition, a number ofemployees are eligible for a bonus scheme which is which linked to both individual KPIs and the financial performance of the Group. All colleagues have a performance review once a year, with regular check-ins throughout the year. This includes a review ofKPIs/objectives which are aligned to the business and the setting of new KPIs/objectives for the next year. We hold a full awards ceremony at the Colleague Day — and are planning to focus on recognition in line with our values in 2022. Whilst the group wide `Newmarket Induction' has been disrupted by the pandemic, we plan to refocus on new joiner experience and on-boarding in 2022. We will maintain the Newmarket event, where colleagues attend a dinner, attend a tour ofNewmarket racecourse, The National Stud and the Newmarket training grounds, and attend a presentation on The Jockey Club vision along with an overview of the business. Monthly board meetings are held at our locations around the country and Directors and local colleagues have lunch together. We are inclusive and actively seek to attract people with unique backgrounds and perspectives. Diverse, collaborative teams are pivotal to our success and support the potential and growth of all our people. We are focused on increasing awareness of inclusive management practices across our Board, Members, Committees and teams at every level. The Allies Programme has developed to become theNetworks, and we have added a fifth network `race' to our existing four (workability; mental health; working families and carers; and pride within) to encourage diversity and inclusion across the business. These all have senior sponsorship at Director level. We are proud to have signed the industry commitment to improve diversity and inclusion across the sport to ensure racing truly is a sport for everyone and to help the sport grow and thrive in the future
Qualifying third party indemnity provisions The Company has put in place qualifying third party indemnity provisions for all of the directors of the company.
Auditor Each of the persons who is a director at the date of approval of this report confirms that: • so far as the director is aware, there is no relevant audit information of which the company's auditor is unaware; and • the director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditor is aware of that information. This confirmation is given and should be interpreted in accordance with the provisions of s418 of the Companies Act 2006. BDO LLP have expressed their willingness to continue in office and a resolution to re-appoint them will be proposed at the annual general meeting. Approved by the Board of Directors and signed on behalf of the Board
N Truesdale Director 20 April 2022
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