Nick / looking to the future, page-27

It is in the interest of all shareholders, and not only retail, that an appointment to a public company at any level be the person best qualified for that particular role. The sole aim always should be to optimise the company’s business success and through this the wealth of its owners, of which an appointee may be a member.

I don’t believe that union membership in whatever form is a suitable argument for appointment to a company board, nor that it should result from a popularity contest. Apart from a requirement to possess relevant expertise, experience and suitable business connections it is important among other things that all members are able to operate in mutual harmony.

In the case of Alexium in its current phase of development I believe that any new Board appointees should have strong background familiarity with the Company’s products and the more intricate aspects of their markets, issues that are currently lacking.

I would support the appointment of anyone including HC posters who meets the above criteria, mindful of the fact that this is largely an academic exercise and in reality none of us will be in a position to have any meaningful influence on the decision.