As a 100% subsidiary of E.ON AG, we must meet the corporate governance expectations of our parent company. Further information on corporate governance at E.ON is available here.

We are not a listed company in the UK and do not have any external non-executives on our Board. Under our Delegations of Authority policy, appointments to the Boards of E.ON AG's main operating subsidiaries must be approved by the E.ON AG Management Board. All senior management appointments are approved in accordance with a process agreed with the E.ON AG Board.

We have a suite of policies that cover the key areas of business risk for E.ON and each policy has a sponsoring director. In 2006, we reviewed all our policies in relation to best practice in corporate governance, and established a Policy Review Group that includes representatives from across the business.