2.5.1Design and Operation of the risk management and internal control environment

Group Risk and Control empowers the business to identify and manage risks and opportunities effectively, ensuring alignment with the Company’s Risk Appetite (see section 1.4.1) in order for the Company to achieve its strategic goals and objectives. The Risk Assurance Committee (RAC) brings together the heads of assurance functions and reviews the significant risks faced by the Company and its relevant control measures. It also oversees the integrated risk management approach.