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Aggreko is committed to maintaining high standards of corporate governance; it is the way we do business and it is at the core of everything we do. In the sections below we have described the key elements which we believe are essential for good corporate governance.

Leadership

The Board rigorously challenges strategy, performance, responsibility and accountability to ensure that every decision we make if of the highest quality.

On pages 72 to 94 of the 2016 Annual Report you will find information on how we divide up our responsibilities amongst the Directors, the structure and role of our Committees, the Board’s activities and areas of focus for 2016.

Effectiveness

The Board continuously evaluates the balance of skills, experience, knowledge and independence of the Directors. We ensure that all new Directors receive a tailored induction programme and we scrutinise our performance in an annual effectiveness review.

On page 72-73 you will find the balance of the board’s skills, experience, knowledge and independence of the Directors. We ensure that all new Directors receive a tailored induction programme and we scrutinise our performance in an annual effectiveness review.

Accountability

All of our decisions are discussed within the context of the risks involved. Effective risk management is central to achieving our strategic objectives.

On page 82-83 of the 2016 Annual Report you will find information on our approach to risk management, internal controls and the processes underpinning fair, balanced and understandable reporting at Aggreko.

Relations with Shareholders

Maintaining strong relationships with our Shareholders, both private and institutional is crucial to achieving our aims. We hold events throughout the year to maintain an open dialogue with our investors.

On pages 84-85 of the 2016 Annual Report you will find information on Shareholder engagements in 2016 and the different ways investors can access useful information about Aggreko.

Remuneration

Having a formal and transparent procedure for developing policy on remuneration for Executive Directors is crucial. Our remuneration policy aims to attract, retain and motivate by linking reward to performance.

On pages 94 to 98 of the 2016 Annual Report you will find information on our proposed remuneration policy for Shareholder approval at the 2017 AGM and how we implemented our current remuneration policy in 2016.

We support the UK Corporate Governance Code published by the Financial Reporting Council (the ‘Code’). Each year we assess ourselves against the Code and provide a compliance statement which can be found on page 81 of the 2016 Annual Report.

External Website

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