The Committee, in its capacity as shareholder of Reading Transport Limited (RTL), considered a report setting out at Appendix 1 a Shareholder Update Report and 2022/23 Annual Review submitted by RTL.  Provisional Management accounts were attached to the report submitted by RTL at Annexes 1-3.

Resolved –

(1)          That the contents of the confidential report and Annual Review as attached at Appendix 1 be noted;

(2)          That Reading Transport Limited’s provisional management accounts for the year ending 3 April 2023 be noted;

(3)          That the appointment of Operations Director, effective from 3 July 2023, as set out in the confidential report be noted.

(Exempt information as defined in Paragraph 3)