TECHNOLOGY SUBCOMMITTEE (TECH) TERMS OF REFERENCE

(i) Advise the Board on Arc technology matters

(ii) Recommend organisational technology performance metrics to the Board;

(iii) Provide advice and insight on the identification and adoption of innovation in the technology environment;

(iv) Review and oversee Arc’s Digital Strategy, ensuring alignment to Arc’s strategic ambitions;

(v) Oversee the identification and management of Arc’s IT risk appetite, and an effective and efficient relationship with the A&R subcommittee;

(vi) Oversee the effectiveness and efficiency of the IT operations of Arc including cyber security and data governance;

(vii) Oversee progress on key strategic programs and the portfolio as a whole, including appropriate and adequate reporting and communications to facilitate strategic governance;

(viii) Consider and challenge any major technology related funding requests before submission to the Finance committee or Board;

(ix) Review and advise on any matters raised by Board or other Board Sub-Committees.

(x) Monitor, review and recommend updates to Arc’s internal policies and procedures and Arc’s technology reporting.