Urenco Annual Report 2022

58 Urenco Annual report and accounts 2022 Matters reserved for the Board’s decision include the approval of the strategic business plan, budget and financial statements, major capital projects, acquisitions and disposals, significant regulatory issues, and important policies around environmental and health and safety issues. During 2022, the Board met six times. The Board of Directors Strategic report 01 Stephen Billingham CBE Chairman of the Board Stephenwas appointed Chairman inJanuary 2016, having previously served on the Board as a Non- Executive Director. He is Senior Independent Director and Chairman of the Audit &Risk Committee at Balfour Beatty plc. Stephen’s previous roles include Chief Financial Officer of British Energy Group plc (the UKnuclear power station operator,nowpart of EDF),Chief Financial Officer ofWSAtkins plc,Executive Chairman of Punch Taverns plc,and the Chairman of the Royal Berkshire NHS FoundationTrust andAnglianWater Group. He holds an honorary DSc fromAston University and in 2019was awarded a CBE in the Queen’s Birthday Honours list. Boris Schucht Chief Executive Officer Boris Schucht has been the Chief Executive Officer of Urenco Limited sinceMay 2019. Boris has around 30 years of experience in the energy sector and has been dedicated to supportingmeasures to address climate change.He is also currently serving as a Director of theWorldNuclearAssociation (WNA). Before joining Urenco,Boris was the CEOof 50Hertz,the North-East GermanTransmission SystemOperator. Simultaneously,he served as a boardmember for three respective organisations concernedwith sustainable energy, including theWorld Energy Council (Germany). Furthermore,he has sat on several supervisory boards as a non-executive including the regional energy provider Stadtwerke RostockAG,and continues to sit on the supervisory board of FlughafenWienAG,which runs ViennaAirport. Ralf ter Haar Chief Financial Officer Ralf has been Chief Financial Officer of Urenco Limited since 2014.He joinedUrenco fromNXPSemiconductors N.V.,where he was SeniorVice President and Corporate Controller.Prior to this,Ralf served asAlcatel-Lucent’s Chief Financial Officer for theAsia Pacific Region,based in Shanghai,and its Global Head ofTrade and Project Finance,based in Paris. Ralf started his career in banking,withABNAMRO.He holds anMSc in economics and an LLM in business law from the Erasmus University in Rotterdam. The Strategic Report was approved by the Board of Directors on 8 March 2023 and signed on behalf of the Board by: Stephen Billingham CBE Chairman Board skills matrix 10% 0% 20% 30% 40% 50% 60% 70% 80% 90% 100% Industry Finance Governance and legal Strategy Sustainability Executive remuneration Risk management Information and technology Stakeholder relations Boardmembers with significant experience (10+ years,managerial accountability, in depth) Boardmembers with experience (5-10 years,regular exposure)