GROUP AUDIT COMMITTEE Terms of Reference Membership The Committee shall comprise not less than three independent non-executive directors. The Chairman of the Committee shall be appointed by the Board from among the non-executive directors it has determined to be independent. The Board may from time to time appoint additional members to the Committee from among the non-executive directors it has determ The Committee may invite any director, executive, external auditor or other person to attend any meeting(s) of the Committee as it may from time to time consider desirable to assist the Committee in the attainment of its objective. The Committee shall be supported by and may invite the following to attend all or part of each meeting: the Chief Financial Officer and Executive Director Risk and Regulation; the Group Chief Risk Officer (and such executives from Group Risk as he or she shall consider appropriate); the Chief Accounting Officer; the Head of Internal Audit; and the Group Company Secretary. The Committee Secretary shall produce such papers and minutes of the Committee’s meetings as are appropriate and distribute them to all members of the ittee. Meetings and Quorum The Committee shall meet with such frequency and at such times as it may determine. It is expected that the Committee shall meet at least four times each year. The quorum for meetings shall be two Directors, one of whom should be the Committee Chairman, ...