Professor Noel Whelan:

The company is a private company guaranteed by shares. As I said in my opening statement, it is owned by the Religious Sisters of Charity. The board directors are appointed by the shareholders, who are the Religious Sisters of Charity. The board has a multipurpose composition. All of the board members are voluntary and unpaid. They have competence in areas like finance, property and development, audit, public service and the pharmaceutical industry, which are relevant to the business of the board. The board that has been appointed is in constant dialogue with the shareholders about the renewal or rejuvenation of the board.