During the reporting period, the company has paid or agreed to pay premiums for contracts insuring directors and officers of the Company against liabilities incurred in that capacity. The directors have not included the details of the nature of the liabilities covered or the amount of the premiums paid in respect of these insurance contracts, as such disclosure is prohibited under the terms of the contract.

Under the directors’ and officers’ deeds of indemnity, the Company has undertaken to insure against certain liabilities incurred as a director and officer of the Company.

No known liability has arisen under the insurance contract as at the date of this report.